Lenox Hill Medical Office
130 East 67th Street New York, NY 10065
For Sale
$1,800,000
Move-in ready 1,800 SF medical office in prime location.
Property Size1,800 SF
Price / SF$1,000
Days on Market613
Property Features for 130 East 67th Street
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Residential
Building Details
- Year Built
- 1908
Listing Agency:
East Side
(212) 836-1075
Listed By:
Paul L Wexler · License #30WE0902877
(212) 836-1075
Source:
Corcoran
Added: Nov 19, 2024
Changed: Jul 10
Last Checked: Jul 24 at 8:34AM
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 East Side
Investment Insights
Based on property information with market context.
Located on the ground floor of a landmarked full-service co-op, this 1,800 SF medical office is available for sale at 130 East 67th Street, between Lexington and Third Avenue, in Lenox Hill. The suite has a separate street entrance with additional egress to the lobby and very low maintenance. The space is currently configured as an orthopedic surgeon's office and has been recently renovated to be adaptable to any medical specialty. The layout features a spacious waiting room and reception area, an administrative office, three consults, five exam rooms, an x-ray room, and two restrooms. The suite also includes six over-sized windows facing East 67th Street. 130 East 67th Street is easily accessible by public transportation via Upper East Side subway lines and bus routes and is within close proximity to several top medical facilities in New York including Lenox Hill Hospital, Memorial Sloan Kettering Cancer Center, The Manhattan Eye, Ear, Nose and Throat Hospital, The Hospital for Special Surgery, Mount Sinai Medical Center, NY Presbyterian/Weill Cornell Hospitals, and Rockefeller University Hospital.
Key Highlights
- Move‑in ready, 1,800 SF medical office in prime Lenox Hill location.
- Separate street entrance and additional egress to lobby.
- Recently renovated and adaptable to any medical specialty.
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 | $92.7k | $51.48 |
| − Vacancy | −$17.5k | −$9.73 |
| EGI | $75.2k | $41.75 |
| − OpEx | −$18.8k | −$10.44 |
| NOI | $56.4k | $31.31 |
1,800 SF · lease $51.48/SF/yr · vacancy 18.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$805.2K
$704.5K – $939.4K
NOI $56,363 @ 7.0% cap · market cap 3.13%
Second Best
Healthcare Medical
$766.5K
$670.7K – $894.2K
NOI $53,654 @ 7.0% cap · market cap 2.98%
Theoretical Best
Specialty Retail
$4.48M
$3.92M – $5.23M
NOI $313,632 @ 7.0% cap · market cap 17.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Michelle Dipaolo
Physician
Terry Dintenfass, Inc.
Art Gallery
Stephen Michael Smith
Publishing House
Statican
Consultant
Lauer Simeon MD
Ophthalmologist
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FAQs
What type of property is this?
Medical Office Space - Move-in ready 1,800 SF medical office in prime location.
Where is this medical office space located?
The property is located at 130 East 67th Street New York, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Move‑in ready, **1,800 SF medical office** in prime Lenox Hill location.; **Separate street entrance** and additional egress to lobby.; Recently renovated and adaptable to any medical specialty.
