Sunny Ground-Level Medical Office
333 E 34 Street New York Manhattan, NY 10016
333 E 34 Street New York, Manhattan, NY, 10016
$649,000
For Sale
$649,000
SINGLE_FAMILY - New York (Manhattan), NY
Property Size895 SF
Price / SF$725.14
Days on Market19
Property Features for 333 E 34 Street New York
General Information
- Property type
- Residential
- Property subtype
- Office
- Rooms
- Basement
- Standard status
- Active
- APN
- 0940-1006
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 17713
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Building materials
- Brick
Listing Agency
Keller Williams Rlty Landmark
(718) 475-2700
3255 Francis Lewis Blvd, Flushing, NY
Listed by
Deirdre A. Folan
(917) 251-4499
Added: Jun 29 Checked: Jul 17 at 5:06 pm
MLS# 1019571
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial medical office condo is offered within the Devon Condominium and features 895 square feet at ground level on the first floor. The space is described as very sunny and south-facing, and is arranged for professional use with a waiting room, a combined kit/receptionist area, three offices, and one full bathroom. Additional built-in closets are included, supporting day-to-day office organization.
The suite is located at 333 E 34 Street in Manhattan, with convenient access to subway and bus service, including cross-town buses. The surrounding area also provides access options referenced in the remarks, including the Midtown Tunnel and the Sea Streak Ferry, along with nearby destinations such as NYU Langone, restaurants, and shopping.
Designed for medical practices and related professional services, the internal layout supports patient intake and consultations through a dedicated waiting room and multiple separate offices. The ground-level positioning within a condominium also offers a straightforward, commuter-friendly setup for staff and patients using nearby transit and street-level arrival. This is a practical fit for an owner-operator seeking a defined office suite configuration inside an established condominium building.
The suite is located at 333 E 34 Street in Manhattan, with convenient access to subway and bus service, including cross-town buses. The surrounding area also provides access options referenced in the remarks, including the Midtown Tunnel and the Sea Streak Ferry, along with nearby destinations such as NYU Langone, restaurants, and shopping.
Designed for medical practices and related professional services, the internal layout supports patient intake and consultations through a dedicated waiting room and multiple separate offices. The ground-level positioning within a condominium also offers a straightforward, commuter-friendly setup for staff and patients using nearby transit and street-level arrival. This is a practical fit for an owner-operator seeking a defined office suite configuration inside an established condominium building.
Key Highlights
- Medical office use condo in the Exclusive Devon Condominium
- 895 SF ground level (1st floor) office suite
- South‑facing unit with very sunny exposure
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.1k | $51.48 |
| − Vacancy | −$8.7k | −$9.73 |
| EGI | $37.4k | $41.75 |
| − OpEx | −$9.3k | −$10.44 |
| NOI | $28.0k | $31.31 |
895 SF · lease $51.48/SF/yr · vacancy 18.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$400.4K
$350.3K – $467.1K
NOI $28,025 @ 7.0% cap · market cap 4.32%
Second Best
Healthcare Medical
$381.1K
$333.5K – $444.6K
NOI $26,678 @ 7.0% cap · market cap 4.11%
Theoretical Best
Specialty Retail
$2.23M
$1.95M – $2.60M
NOI $155,945 @ 7.0% cap · market cap 24.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
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- Small Door Veterinary - Gramercy — 380 2nd Ave, New York, NY 10010
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FAQs
What type of property is this?
Medical Office Space - Ground-floor medical office condo with waiting room, receptionist area, three offices, and a full bath.
Where is this medical office space located?
The property is located at 333 E 34 Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Medical office use condo in the Exclusive Devon Condominium; 895 SF ground level (1st floor) office suite; South‑facing unit with very sunny exposure
