1150 Park Avenue, New York, NY 10128
1,500 sqft office space available on Park Avenue.
- Added:
- Mar 13, 2026
- Days on Market:
- 108
- Last Refresh:
- Mar 19 at 11:16 pm
Property Features for 1150 Park Avenue
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Office
Listing office New York Medical Space
Listing date Mar 13, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of New York Medical Space
HighLights
- Office Property
- 1,500 SqFt
Overview
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 | $99.0k | $66.00 |
| − Vacancy | −$16.8k | −$11.22 |
| EGI | $82.2k | $54.78 |
| − OpEx | −$20.5k | −$13.69 |
| NOI | $61.6k | $41.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9507
- Latitude
- 40.7819
