Medical Office with Exam
For Sale
$1,850,000
128 Mott Street #301 New York, New York, NY 10013
The layout provides a reception and waiting area, examination rooms, additional offices, and a bathroom.
Property Size2,459 SF
Price / SF$752.34
Days on Market229
Property Features for 128 Mott Street #301 New York
General Information
Standard status
Active
Size
2,459 SF
Property subtype
Commercial
Zoning
C6-2G
Site & Location
Neighborhood
Downtown
Public Transit
Yes
Additional Details
Condition
Move-in Ready
HOA Fee
$1,476
Property Use
Office
Taxes and HOA fees
Annual Taxes
$23,808
Amenities
handicap access
concierge
Building Details
Building Size
2,459 SF
Year Built
1912
Stories
7
Listing Agency:
United Real Estate Fortune
(516) 990-8888
Listed By:
Le Quan · License #10401318524
(646) 750-8970
Source:
Croninreale
Added: Mar 10
Changed: Oct 23
Last Checked: Oct 23 at 9:55AM
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 United Real Estate Fortune
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,459-square-foot medical office unit at 128 Mott Street, #301, is arranged with a reception and waiting area, four examination rooms, office rooms, and one bathroom. The building dates to 1912 and has handicap access and concierge service.
The property is near subway lines B, D, J, M, Z, 6, Q, N, and W. Its zoning designation is C6-2G.
The property is near subway lines B, D, J, M, Z, 6, Q, N, and W. Its zoning designation is C6-2G.
Key Highlights
- 2,459‑square‑foot medical office unit
- Four examination rooms, reception and waiting area, office rooms, and one bathroom
- Building constructed in 1912
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,998
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,539,960
$1.5M
Cap Rate 7%
$1,099,971
$1.1M
Cap Rate 9%
$855,533
$855.5K
Market Conditions
NOI Build-Up for 2,459 SF
Gross rent
$126.6K $51.48/SF
− Vacancy
−$23.9K −$9.73/SF
EGI
$102.7K $41.75/SF
− OpEx
−$25.7K −$10.44/SF
NOI
$77.0K $31.31/SF
Area
New York, NY
Vacancy
18.90%
Lease Rate
$51.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,539,960
Cap Rate 7%
$1,099,971
Cap Rate 9%
$855,533
Alternative Uses
Best Use
Office B
$1.10M
$962.5K – $1.28M
NOI $76,998 @ 7.0% cap · market cap 4.16%
Second Best
Healthcare Medical
$1.05M
$916.2K – $1.22M
NOI $73,298 @ 7.0% cap · market cap 3.96%
Theoretical Best
Specialty Retail
$6.12M
$5.36M – $7.14M
NOI $428,456 @ 7.0% cap · market cap 23.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
31,868
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10013, NY
31,042
Population
15,933
Households
1.9
Avg Household Size
36
Median Age
72%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
62,084
Density / Sq Mi
$159,474
Median Household Income
$92,765
Median Earnings
$2,378
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Biscuits & Bath - Battery Park — 327 S End Ave, New York, NY 10280
- Seaport Animal Hospital — 80 Beekman St, New York, NY 10038
- VetClinic New York — 12 Pike St, New York, NY 10002
- URvet Care Tribeca — 200 Chambers St, New York, NY 10007
- Eye Care For Animals NYC — 146 Reade St, New York, NY 10013
Frequently Asked Questions
What type of property is this?
Medical Office Space - The layout provides a reception and waiting area, examination rooms, additional offices, and a bathroom.
Where is this medical office space located?
The property is located at 128 Mott Street #301 New York New York, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 2,459‑square‑foot medical office unit; Four examination rooms, reception and waiting area, office rooms, and one bathroom; Building constructed in 1912
