425 E 86th Street 1B/D, Manhattan, NY 10028

Building Details

Year Built 1929 More

Listing Agency: Sothebys International Realty

Listed By: Lawrence V Treglia Show Phone

Source: Blackandwhiteresidential

Added: Oct 23, 2025 Changed: Nov 9 Last Checked: Nov 9 at 7:51PM

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Investment Insights

Based on property information with market context.

This 1,141-square-foot cooperative suite at 425 East 86th Street has five rooms, two full bathrooms and 10'1" ceilings. Access is available through a private street-level vestibule or the building lobby. The space is described as suitable for continued professional or medical use, with residential conversion also noted as a possibility.

The full-service cooperative was built in 1929. Financing of up to 75% is permitted, and a 2% flip tax applies to the purchase price, payable by either party.

Key Highlights

• 1,141 square feet with five rooms and two full bathrooms
• 10'1" ceilings throughout
• Separate access through a street entrance vestibule and the building lobby

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$35,728

Cap Rate

4.52%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$714,560 $714.6K

Cap Rate 7%

$510,400 $510.4K

Cap Rate 9%

$396,978 $397.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,141 SF

Gross rent

$58.7K $51.48/SF

− Vacancy

−$11.1K −$9.73/SF

EGI

$47.6K $41.75/SF

− OpEx

−$11.9K −$10.44/SF

NOI

$35.7K $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%

$714,560

Cap Rate 7%

$510,400

Cap Rate 9%

$396,978

Alternative Uses

Best Use

Office B

$510.4K

$446.6K – $595.5K (±1% cap)

NOI $35,728 @ 7.0% cap · market cap 4.52%

Second Best

Healthcare Medical

$485.9K

$425.1K – $566.9K (±1% cap)

NOI $34,011 @ 7.0% cap · market cap 4.31%

Theoretical Best

Office A

$797.7K

$698.0K – $930.7K (±1% cap)

NOI $55,839 @ 7.0% cap · market cap 7.07%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

HRT MedPulse Medical Clinic Sheila's Music School Tutoring Service Carole H. Spivack, ... Counselor Andrews Sarah Foster Care Service Ms. Ellen Henschel Counselor

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Barber Shop Kitchen & Bath Showroom Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13,422

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

Average Price Trend$/SF for Medical Office Space in New York County, NY

$912 Jul

$833 Aug

$1,081 Sep

$949 Oct

Properties on Market for Medical Office Space in New York County

Jul

Aug

Sep

Oct

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 - Five rooms and two full bathrooms form a layout suited to professional or medical use.

Where is this medical office space located?

The property is located at 425 E 86th Street 1B/D Manhattan, NY.

What is the asking price?

The asking price for this property is $790,000.

What are key features of this property?

This property features: 1,141 square feet with five rooms and two full bathrooms; 10'1" ceilings throughout; Separate access through a street entrance vestibule and the building lobby