50 West 47th Street, New York, NY, 10036

50 West 47th Street New York, NY 10036

50 West 47th Street, New York, NY, 10036
50 West 47th Street, New York, NY, 10036
Property Type:
Multi Tenant Office
Last Verified:
Sep 13, 2018


OFFICE FOR LEASE at International Gem Tower 50 West 47th Street, New York, NY

Last Remaining Small Unit on High Floor. Fully Built High End Office in a Class A Office Building. High Ceilings. Any professional use welcome. West Exposure and Great Light.

BUILDING HIGHLIGHTS: Top of the Line Security System, Secure Valet Parking, Private Health and Fitness Center, On-site Restaurant, Registered For LEED Certification

Prime Midtown Location

Building Size: 100000.0sq ft
Building Class: A
Lot Size: 0.0 acres

Units for Lease

19th Floor
Space Available: 988 SF
Lease Type: Gross

Price Per Sqft/Year: $80.0

Map of 50 West 47th Street, New York, NY, 10036

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.