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Medical Office Space with Street Visibility

650 1st Ave, New York, NY 10016

For Lease
New
Contact for pricing

Shell space offers flexibility for a multi-room layout, with the option to join Spaces A and B.

Space Size2,795 SF
Days on Market4

Property Features for 650 1st Ave

General Information

Standard status Active
Size 2,795 SF
Property subtype OFFICE

Site & Location

Neighborhood Midtown Manhattan

Additional Details

Space Use Medical/Retail

Spaces For Lease

at 650 1st Ave
650 1st Ave AVAILABLE, Now
Size 2,795 SF
Type OFFICE
Rate Contact for pricing
Sublease No
-Medical/Retail space in heart of Murray Hill, offering excellent accessibility to major transit -Window signage and street visibility available -Luxury residential apartments surrounding with strong co-tenancy -Ownership to provide substantial concessions to accommodate build-out for qualified users -Shell space with efficient layout potential for divisions and multiple rooms -Spaces A & B can be combined
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Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 5:15AM

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 Meridian Capital Group

Rey
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Investment Insights

Based on property information with market context.

Medical office space at 650 1st Ave comprises 1,550 square feet of shell space. Its layout can accommodate divisions and multiple rooms, and Spaces A and B may be combined. Window signage and street visibility are available.

The property is in Murray Hill, surrounded by luxury residential apartments and near major transit. Retail use is also identified for the space.

Key Highlights

  • 1,550 square feet of shell space
  • Spaces A and B can be combined
  • Window signage and street visibility available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dr. Paul Hammerschlag Physician Dr. Ashley Doukas Physician Promotion Marketing Association Advertising Agency Howard G. Smith, ... Physician Dr. Farng-Yang Foo Physician

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Buffet Pet Grooming Service Clothing & Fashion Store Nursing Home

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

Location Intelligence

Trade Area within ½ mile

42,071
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$52.69 /SF/Yr
Avg Asking Price
$21.86–$89.5 /SF/Yr
Price Range
5,787 SF
Avg Space Size

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

$61.7 Jul
$55.35 Aug
$52.7 Sep
$52.08 Oct

Properties on Market for Medical Office Space in New York

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

Similar Off Market Nearby

  • Gotham Animal Clinic — 329 2nd Ave, New York, NY 10003
  • Small Door Veterinary - Gramercy — 380 2nd Ave, New York, NY 10010
  • Throw Me A Bone Inc. | NYC Dog Walking Services — 1 blue slip, brooklyn, ny 11222
  • Bond Vet - Kips Bay — 447 3rd Ave, Manhattan, NY 10016
  • Midtown Animal Hospital — 256 E 33rd St #1, New York, NY 10016

Frequently Asked Questions

What type of property is this?
Medical Office Space - Shell space offers flexibility for a multi-room layout, with the option to join Spaces A and B.
Where is this medical office space located?
The property is located at 650 1st Ave New York, NY.
What are key features of this property?
This property features: 1,550 square feet of shell space; Spaces A and B can be combined; Window signage and street visibility available
(212) 468-5984 · Office Call to check price and availability
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