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    184 70Th St New York, NY 10021

    For Sale
    $1,700,000

    Lenox Hill Medical Office, 1883 SF

    Property size:
    1,883 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,883 square foot medical condominium, located at 184 East 70th Street, Suite B2 in New York City's Lenox Hill neighborhood, is offered at $1,700,000. Situated between Lexington and 3rd Avenues, this property boasts a prime location with convenient access to major public transportation, including Upper East Side subway lines and bus routes. The well-designed space includes a spacious waiting room, reception area with additional administrative space, six exam rooms, a lab, two consultation/office spaces, two administrative offices, two restrooms, and a kitchenette. Currently configured as a shared cardiology and internal medicine practice, this versatile space is easily adaptable to various medical specialties. Its strategic location offers proximity to renowned medical institutions such as Lenox Hill Hospital, Memorial Sloan Kettering, and others. The property's financial details include monthly common charges of $4,358.58 and annual real estate taxes of $44,202. This presents a unique opportunity to acquire a thriving medical practice space in a highly desirable and convenient location. The price per square foot is $902.81. The zip code is 10021.

    Property Features for 184 70Th St

    General Information

    Property type
    Medical offices
    Square Feet
    1,883 SF

    HighLights

    • 1,883 SF medical condo in Lenox Hill, NYC, offered at $1,700,000 ($902.81/SF).
    • Prime location between Lexington & 3rd Avenues, near Upper East Side transit.
    • Features waiting room, reception, 6 exam rooms, lab, 2 consultation/offices, 2 admin offices, 2 restrooms, kitchenette.
    • Currently a cardiology/internal medicine practice; adaptable to various specialties.
    • Near Lenox Hill Hospital & Memorial Sloan Kettering.
    • Monthly common charges: $4,358.58; Annual real estate taxes: $44,202. Zip code: 10021.
    Property Profile Location Intelligence

    Current Use by Public Records

    Segal Robert P ... Doctor Frumkin Nephrology Associates Doctor Boris B. Ivkov, ... Internist John P. Getsos, ... Geriatrician Dr. Doron Z. ... Internist

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.961875126236
    Latitude
    40.768571301973

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    FAQs

    What type of property is this?
    Medical office - Lenox Hill Medical Office, 1883 SF
    Where is this medical office located?
    The property is located at 184 70Th St New York, NY.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 1,883 SF medical condo in Lenox Hill, NYC, offered at $1,700,000 ($902.81/SF).; Prime location between Lexington & 3rd Avenues, near Upper East Side transit.; Features waiting room, reception, 6 exam rooms, lab, 2 consultation/offices, 2 admin offices, 2 restrooms, kitchenette.
    Request Owner's contact information
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    New York, NY 10021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    184 70Th St New York, NY 10021
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