Republic Point$61.50 – $74.87/SF/yr FS
Pecos Place
173,000 SF of Office space available at 174 W 23rd St, New York, NY 10006. For Lease through Summit Advisory Group.
For LeaseStatus
173,000 SFAvailable
$78.28/SFAsking rent
2009Year built
CClass
Property facts
| Property type | Office |
|---|---|
| Building class | C |
| Rentable area | 173,000 SF |
| Available | 173,000 SF |
| Stories | 6 |
| Year built | 2009 |
| Typical floor | 28,833 SF |
| Lot size | 1.3 acres |
| Parking ratio | 1.4/1,000 SF |
| Zoning | DC-5 |
| Parcel ID | 44-990-8619 |
| Submarket | Financial District |
| Market | New York City |
| Days on market | 429 |
| Walk Score | 94 |
| Transit | Bus 1 block |
| Listing package | Silver |
Building amenities
24 Hour Access, EV Charging, Concierge, Energy Star, Roof Terrace
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 6th | Office | Direct | 10,270 – 68,180 | $85.97/SF | Negotiable | Vacant |
| P 2nd | Office | Sublet | 19,580 | $70.44/SF | Thru Oct 2029 | Jan 2027 |
| P 2nd | Medical | Direct | 22,340 – 40,750 | $83.17/SF | Thru Mar 2030 | Vacant |
| P 1st | Office | Direct | 21,920 | $69.29/SF | Negotiable | Sep 2026 |
| P 5th | Retail | Direct | 2,070 – 4,350 | $87.80/SF | 5 Years | Jan 2027 |
| P 5th | Off/Ret | Direct | 4,020 – 18,220 | On request | Negotiable | Vacant |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2025-11-13 | $79.21M | $457.88 | 4.66% | Northstar REIT | Cascade Realty Trust |
| 2025-10-24 | $96.7M | $558.96 | 5.90% | Lone Star Property Trust | Westbrook Equities |
| 2019-12-11 | $32.32M | $186.80 | 5.62% | Quarry Point Partners | Westbrook Equities |
Public record
| Owner of record | Northstar REIT LLC |
|---|---|
| Assessed value | $20.71M |
| Land value | $7.56M |
| Improvement value | $13.15M |
| Annual tax | $451K |
| Tax year | 2026 |
| Lot size | 56,628 SF |
| Last deed | 2024-11-12 |
| Deed type | Warranty Deed |
| Legal description | LOT 3 BLK 350 FINANCIAL DISTRICT ADDN |
Location
174 W 23rd St
New York, NY 10006
Financial District submarket · New York City market
40.70181, -73.98816
Open in RealStarListing package
Silver — Priority placement above all free listings.
Priority placement above every free listing, expanded photo set, full space-by-space availability table and a monthly performance report.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.