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Upper East Side Medical Office

910 Park Ave, New York, NY

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For Sale

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Ground floor medical office in pre-war co-op building.

Type:OFFICE

Property size:

725 SF

Lot size:

0.17 Acres

Price / SF:

$379/SF

HighLights

Prime Upper East Side location on Park Avenue in a full‑service luxury pre‑war co‑op.
Private street entrance offering exclusivity and convenience.
Adaptable to any medical specialty, suitable for various medical practices.
Approximately 725 SF layout including reception, waiting area, consult/office, and bathroom.
Convenient access to multiple subway lines (4, 5, 6, N, Q, R) and bus routes at 86th St.
Proximity to Lenox Hill Hospital and Mount Sinai.

We can help!

Listing Contact

Paul L Wexler

Learn more

For Sale

Contact for pricing

Ground floor medical office in pre-war co-op building.

Type:OFFICE

Property size:

725 SF

Lot size:

0.17 Acres

Price / SF:

$379/SF

Added:: Dec 19, 2024
Days on Market:: 539
Last Refresh:: May 20 at 9:13 pm

Property Features for 910 Park Ave

General Information

Standard status: Active
Size: 725 SF
Lot size: 0.17 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Paul L Wexler

Listing agent Paul L Wexler License #30WE0902877

Listing office The Corcoran Group | East Side

Listing date Dec 19, 2024

Source Moodyscre

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 The Corcoran Group | East Side

HighLights

Prime Upper East Side location on Park Avenue in a full‑service luxury pre‑war co‑op.
Private street entrance offering exclusivity and convenience.
Adaptable to any medical specialty, suitable for various medical practices.
Approximately 725 SF layout including reception, waiting area, consult/office, and bathroom.
Convenient access to multiple subway lines (4, 5, 6, N, Q, R) and bus routes at 86th St.
Proximity to Lenox Hill Hospital and Mount Sinai.

Overview

Located on the Upper East Side between East 79th and East 80th Street, 910 Park Ave, Suite 1N is a 725 square foot ground floor medical office available for sale. The office features a private street entrance on Park Avenue and is situated inside a full-service luxury pre-war co-op building. The layout includes an admin/reception area, a waiting area, a large consults/office, a full bathroom, and a closet. The space, currently configured as a psychiatry practice, is adaptable to any medical specialty. The property has seven windows and central air conditioning. The building is easily accessible by public transportation via the 4, 5, 6, N, Q and R trains at 86th St as well as Upper East Side bus routes. The building is proximate to Lenox Hill Hospital and Mount Sinai.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$37.3k	$51.48
− Vacancy	−$7.1k	−$9.73
EGI	$30.3k	$41.75
− OpEx	−$7.6k	−$10.44
NOI	$22.7k	$31.31

725 SF · lease $51.48/SF/yr · vacancy 18.90% · expense 25.00%

Alternative Uses

Best Use

Office B

$324.3K

$283.8K – $378.4K (±1% cap)

NOI $22,702 @ 7.0% cap · market cap 8.26%

Second Best

Healthcare Medical

$308.7K

$270.1K – $360.2K (±1% cap)

NOI $21,611 @ 7.0% cap · market cap 7.86%

Theoretical Best

Specialty Retail

$1.80M

$1.58M – $2.11M (±1% cap)

NOI $126,324 @ 7.0% cap · market cap 45.94%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Location Insight

Map
Local Demand

City: New York
County: New York
State: New York
Longitude: -74.0108
Latitude: 40.7085

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What type of property is this?

Medical Office Space - Ground floor medical office in pre-war co-op building.

Where is this medical office space located?

The property is located at 910 Park Ave New York, NY.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Prime Upper East Side location on Park Avenue in a full‑service luxury pre‑war co‑op.; Private street entrance offering exclusivity and convenience.; Adaptable to any medical specialty, suitable for various medical practices.

910 Park Ave, New York, NY

Ground floor medical office in pre-war co-op building.

Property Features for 910 Park Ave

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Second-Floor Professional Office

Medical/Dental Condo Ready

Manhattan Commercial Condo For Sale

Vacant First-Floor Retail Store

Established Medical-Dental Practice Condo

Chinatown Office Space Opportunity

Chinatown Office Space Opportunity

Vacant Multi-Family Townhouse

Morningside Gold Coast Brownstone

Two-to-Four Unit Residential Property

Mixed-Use Building with Retail and Loft

Morris Park Detached Brick Tudor

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