Building Details

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Listing Agency: The Corcoran Group | East Side Show Phone

Listed By: Paul L Wexler · License #30WE0902877 Show Phone

Source: Moodyscre

Added: Jul 28 Changed: Oct 5 Last Checked: Oct 16 at 10:00AM

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Investment Insights

Based on property information with market context.

Located at 120 East 86th Street on Manhattan’s Upper East Side, this approximately 4,000-square-foot, full-floor medical condominium occupies the second floor and is accessible by elevator and stairwell. The layout includes a reception area, waiting area, four consultation offices, four administrative offices, twelve exam rooms, a treatment room/stress lab, staff lounge, staff kitchen, two storage rooms, four restrooms, and an IT closet.

Additional features include central air conditioning, two additional egress points, and a walkable roof. The property is surrounded by residential buildings and large retail establishments, with subway access and a parking garage on the block. It is also proximate to Lenox Hill Hospital, Manhattan Eye, Ear & Throat Hospital, Mount Sinai Hospital, and NYC Health+ Hospitals.

Key Highlights

• Approximately 4,000 square feet of full‑floor medical office space on the second floor
• Layout includes twelve exam rooms, four consultation offices, and four administrative offices
• Treatment room/stress lab, reception, waiting area, staff lounge, and staff kitchen

Property Analytics

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Current Use

Allen Unger, MD Physician Dr. Leon Scrimmager Physician Samantha Diaz-Hennessey Physician Freestyle Repertory Theatre Theater & Performing Art Venue Bonnie R. Aronowitz, ... Physician

Suggested Use

Top Pick Law Firm Hair Salon Auto Repair Shop Nail Salon Barber Shop Big Box & Wholesale Store

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

1

Office units

Location Intelligence

Trade Area within ½ mile

3,737

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 10028, NY

48,116

Population

29,535

Households

1.6

Avg Household Size

39

Median Age

83%

College-Educated

98%

High-School Grad

0.3 sq mi

ZIP Area

160,387

Density / Sq Mi

$168,125

Median Household Income

$116,860

Median Earnings

$2,702

Median Rent

$1,600,400

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Second-floor medical suite with extensive clinical, administrative, storage, and staff-support areas.

Where is this medical office space located?

The property is located at 120 E 86th St New York, NY.

What is the asking price?

The asking price for this property is $5,750,000.

What are key features of this property?

This property features: Approximately 4,000 square feet of full‑floor medical office space on the second floor; Layout includes twelve exam rooms, four consultation offices, and four administrative offices; Treatment room/stress lab, reception, waiting area, staff lounge, and staff kitchen