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Sutton Place Office/Medical Space
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undisclosed, New York, NY 10019

East 60th Street office/medical space in Sutton Place.

Space Size2,720 SF
Days on Market1012

Property Features for undisclosed

General Information

Standard status Active
Size 2,720 SF
Property subtype Office
Lease Type Gross

Building Details

Tenancy Single

Spaces For Lease

at undisclosed Contact us

Available Space

Size
2,720 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Red Sparrow Realty group
Listed By: Russell Dinstein · License #NY
Source: Crexi
Added: Nov 16, 2023 Changed: Aug 23 Last Checked: Aug 23 at 7:14PM

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 Red Sparrow Realty group

Investment Insights

Based on property information with market context.

Located on East 60th Street in Sutton Place, this 10th-floor space offers approximately 2720 square feet suitable for office or medical use. The space is available for a 5 to 10-year term with immediate possession. The monthly rent is $14,733, which translates to $65 per square foot. The space, previously a physical therapy office, is well-suited for medical practices, featuring a reception area, waiting room, seven treatment/exam rooms, and two bathrooms. It includes tenant-controlled central air conditioning, a wet pantry, and closets. The layout consists of partitioned offices, a reception area, private restrooms, and drop ceilings, with a mostly open floor plan. Additional features include central air conditioning and carpeting. After-hours HVAC is available.

Key Highlights

  • Prime Sutton Place location on East 60th Street.
  • Ideal for medical use, previously a physical therapy office with 7 treatment/exam rooms.
  • Immediate possession available.

Property Analytics

Current Use

DeK Rooftop Outdoor Theater & Performing Art Venue Drag Queen Brunch ... Theater & Performing Art Venue Musica Club NYC Nightclub Orbit East Harlem Nightclub

Suggested Use

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

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
$9.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

37,284
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value

Market

Lease Benchmarks for New York, NY

$51.85 /SF/Yr
Avg Asking Price
$21.86–$85.01 /SF/Yr
Price Range
5,583 SF
Avg Space Size

This space is priced 23% above the average of $51.85 /SF/Yr.

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 - East 60th Street office/medical space in Sutton Place.
Where is this medical office space located?
The property is located at undisclosed New York, NY.
What is the lease rate?
The lease rate is $64 SF/Yr.
What are key features of this property?
This property features: Prime Sutton Place location on East 60th Street.; Ideal for medical use, previously a physical therapy office with 7 treatment/exam rooms.; Immediate possession available.
(212) 655-7526 Call to check price and availability
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