Listing Agency: CBRE | Midtown Manhattan p***@cbre.com Show Phone

Listed By: Paul Walker Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 8 Last Checked: Aug 10 at 5:08AM

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Investment Insights

Based on property information with market context.

This Class A medical building, compliant with Article 28, has undergone modernization with upgrades exceeding $20 million. These include a new lobby, facade, mechanical equipment, and elevators. Full floors and smaller turnkey suites are available within the 50,000 square foot property. The building features a 24/7 attended lobby. It is located on the border of the Upper East Side and Midtown, one-half block from the 59th Street and Lexington Avenue subway station (4, 5, 6, N, Q, R) and three blocks from the 63rd Street F train station. The property is suitable for medical and healthcare purposes, as well as general office use.

Key Highlights

• Class A medical building (article 28 compliant)
• Modernization completed with over $20M in upgrades, including a new lobby, façade, mechanical equipment, and elevators.
• Benefit from a 24/7 attended lobby.

Property Analytics

Property Profile

Current Use

MD Face Medical Clinic Northwell Health Labs ... Medical Laboratory Health Meets Wellness Physician Harry L. Gruenspan, ... Physician Amric Health Medical Clinic

Suggested Use

Top Pick Auto Parts Store Butcher Nursing Home Pet Grooming Service Auto Repair Shop Buffet

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

$12.75 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

52,828

Businesses Nearby

Explore this area Business Placement

Demographics for 10022, NY

36,708

Population

25,686

Households

1.4

Avg Household Size

45

Median Age

84%

College-Educated

98%

High-School Grad

0.4 sq mi

ZIP Area

91,770

Density / Sq Mi

$171,038

Median Household Income

$119,657

Median Earnings

$2,928

Median Rent

$1,116,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Medical center - Modernized medical building with full floors and turnkey suites available.

Where is this medical center located?

The property is located at 110 East 60th Street New York, NY.

What is the lease rate?

The lease rate is $85 SF/Yr.

What are key features of this property?

This property features: Class A medical building (article 28 compliant); Modernization completed with over $20M in upgrades, including a new lobby, façade, mechanical equipment, and elevators.; Benefit from a 24/7 attended lobby.