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    23 79Th St New York, NY 10075

    For Sale
    $750,000

    Prime Upper East Side Medical Office

    Property size:
    1,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,300 square foot medical office is available for sale at $750,000 ($577/sq ft). Located on the ground floor of a luxury pre-war co-op building on East 79th Street between Fifth and Madison Avenues, this space boasts a private street entrance and features a waiting room, reception area, three exam rooms, an office/consult room with an en-suite bathroom (including shower), a second restroom, an IT closet, and a foyer. Its adaptable layout suits various medical specialties. Conveniently situated near public transportation (4, 5, 6, N, Q, and R trains at 86th Street, plus local bus routes), this property enjoys proximity to Lenox Hill Hospital and Mount Sinai. The monthly maintenance fee is $5,956, and a 2% flip tax is payable by the buyer. Financing options are available up to 50% of the purchase price. This presents a rare opportunity to acquire a well-appointed medical office in a highly desirable Upper East Side location.

    Property Features for 23 79Th St

    General Information

    Property type
    Medical offices
    Square Feet
    1,300 SF

    HighLights

    • $750,000 asking price for a 1,300 square foot medical office.
    • Located at 23 E 79th St, New York, NY 10075.
    • Features a waiting room, reception area, three exam rooms, an office/consult room, two restrooms (one with a shower), and an IT closet.
    • Ground floor space with a private street entrance in a luxury pre‑war co‑op building on the Upper East Side.
    • Excellent location near public transportation (4, 5, 6, N, Q, R trains and Upper East Side bus routes), Lenox Hill Hospital, and Mount Sinai.
    • Monthly maintenance is $5,956, with a 2% flip tax paid by the buyer and 50% maximum financing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Boczko And Schwartz Mds Urologist Dr. Stanley H. ... Urologist

    Suggested Use

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

    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
    -73.962521477724
    Latitude
    40.776526136459

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    FAQs

    What type of property is this?
    Medical office - Prime Upper East Side Medical Office
    Where is this medical office located?
    The property is located at 23 79Th St New York, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price for a 1,300 square foot medical office.; Located at 23 E 79th St, New York, NY 10075.; Features a waiting room, reception area, three exam rooms, an office/consult room, two restrooms (one with a shower), and an IT closet.
    Request Owner's contact information
    23 79Th St New York, NY 10075
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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
    23 79Th St New York, NY 10075
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