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Turnkey Medical Office Suite
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116 E 124th St, New York, NY 10035

Turnkey medical/professional office suite with private elevators, three private offices, and reception with waiting area.

Space SizeContact for details
Property Size1,800 SF
Days on Market152

Property Features for 116 E 124th St

General Information

Standard status Active
Size 1,800 SF
Elevators Yes
Property subtype OFFICE
Lease Type SF/mo

Space & Availability

Space Use Medical Office
Condition Turnkey
Private Offices 3

Spaces For Lease

at 116 E 124th St Contact us

116 E 124th St $6,750/Mo

Contact us
Listing Agency: Keyah Enterprises
Listed By: Michelle Blake
Source: Moodyscre
Added: Mar 5 Changed: Jul 30 Last Checked: Aug 3 at 6:39AM

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 Keyah Enterprises

Investment Insights

Based on property information with market context.

Turnkey medical/professional office suite designed for client and team workflow, featuring private elevator access into the suite. The space includes three oversized private offices plus six dedicated workstations, supported by a spacious reception and a welcoming waiting area that can be reconfigured into an additional private office or consult room.

The suite includes a renovated ADA-compliant restroom. Two elevators provide direct access into the suite, and the elevators can be locked for exclusive, private entry.

This suite is approximately 1,800 square feet and is configured to support a professional practice that values secure, controlled access and a ready-to-occupy interior layout.

Key Highlights

  • Turnkey medical/professional office suite with private elevator access
  • Two elevators with option for exclusive, locked entry
  • Three oversized private offices plus six dedicated workstations

Property Analytics

Current Use

Spring Wells Consolidated Insurance Agency House of Excellence Fellowship Church Christ Embassy Church, ... Association / Organization 124 Rapid Medical Clinic Elizabeth Hyde Foster Care Service

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,240
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10035, NY

35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
Median Home Value

Market

Lease Benchmarks for New York, NY

$59.28 /SF/Yr
Avg Asking Price
$21.86–$85.01 /SF/Yr
Price Range
4,383 SF
Avg Space Size

This space is priced 24% below the average of $59.28 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Turnkey medical/professional office suite with private elevators, three private offices, and reception with waiting area.
Where is this medical office space located?
The property is located at 116 E 124th St New York, NY.
What is the lease rate?
The lease rate is $6,750 /Mo.
What are key features of this property?
This property features: Turnkey medical/professional office suite with private elevator access; Two elevators with option for exclusive, locked entry; Three oversized private offices plus six dedicated workstations
(212) 595-5565 Call to check price and availability
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