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Medical Suite in Herald Square
For Sale
$2,495,000

70 West 36th Street, New York, NY 10018

Pristine, move-in-ready medical/surgical suite in central location.

Property Size1,932 SF
Price / SF$1,291
Days on Market570

Property Features for 70 West 36th Street

General Information

Standard status Active
Size 1,932 SF
Property subtype Residential

Amenities

Beamed ceilings
Central air
Excellent light
High ceilings
Pet friendly

Building Details

Year Built 1924
Listing Agency: East Side
Listed By: Paul L Wexler · License #30WE0902877
Source: Corcoran
Added: Feb 21, 2025 Changed: Sep 3 Last Checked: Sep 13 at 7:42AM

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 in Herald Square/Penn Plaza between Fifth and Sixth Avenue, 70 West 36th Street, Suite 5C, is a 1,932 square foot medical/surgical suite available for sale. This fully accredited QUAD A medical suite features a reception and waiting area, an office/intake rooms, two exam rooms, two offices/consults, an AAAASF procedural room (recertification may be required under new ownership), a 2-bay recovery room, a lab, a kitchen with pantry and staff restroom, and a patient restroom. The high-end surgical/gastroenterologist office includes soundproof exam rooms and offices, dual-zone central air-conditioning, and twelve windows. The space is in move-in-ready condition and adaptable to any medical specialty. The location provides accessibility to public transportation via 14 subway lines, the PATH train, as well as Penn Station, The Port Authority Bus Terminal and Grand Central Terminal.

Key Highlights

  • Move‑in‑ready, fully accredited QUAD A medical suite (1,932 SF) adaptable to any medical specialty.
  • Prime Herald Square/Penn Plaza location with exceptional access to transportation.
  • Features a certified AAAASF procedural room (recertification may be required).

Property Analytics

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Current Use

Nuance Industries Inc Industrial Manufacturer Lamura, Malizia, Rasile ... Law Firm Stellar Services Business Management Consultant Serenity Dental Dental Office BestCare Dental Services Dental Office

Suggested Use

Top Pick Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store Parking Lot & Garage Plumbing Service Electrical Service

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

95,867
Businesses Nearby
Balanced
Demand for This Use

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Pristine, move-in-ready medical/surgical suite in central location.
Where is this medical office space located?
The property is located at 70 West 36th Street New York, NY.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Move‑in‑ready, fully accredited QUAD A medical suite (1,932 SF) adaptable to any medical specialty.; Prime Herald Square/Penn Plaza location with exceptional access to transportation.; Features a certified AAAASF procedural room (recertification may be required).
More about this property
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