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Office/Medical Space for Lease/Sale
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5th Ave, New York, NY 10065

Ground floor office or medical space available for lease/sale.

Space SizeContact for details
Property Size4,700 SF
Days on Market1181

Property Features for 5th Ave

General Information

Standard status Active
Size 4,700 SF
Class A
Property subtype Office

Building Details

Building Size 4,700 SF
Tenancy Multiple

Spaces For Lease

at 5th Ave Contact us

Ground

Type
Office
Availability
Active
Contact us
Listing Agency: RI Manhattan Realty
Listed By: Robert Isaacs · License #NY
Source: Crexi
Added: May 30, 2023 Changed: Aug 19 Last Checked: Aug 18 at 6:39PM

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 RI Manhattan Realty

Investment Insights

Based on property information with market context.

This ground floor space, suitable for office or medical use, offers between 1,500 and 3,200 square feet. The space includes a 1,500 square foot lower level, combining for a total of 4,700 square feet. Currently built as a doctor’s office, the layout features 4 consultation rooms, 9 exam rooms, 1 operating room, and 3 bathrooms. The lease term is 10 years.

Key Highlights

  • Vacant office or medical space available for lease or sale.
  • Ground floor location.
  • Sizeable space: 1,500 Sf – 3,200 Sf (4,700 Sf including lower level).

Property Analytics

Current Use

Medical Office Space

Lease Details

NNN (Triple Net)
Lease Type
$10.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

35,604
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10065, NY

32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
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 35% 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 - Ground floor office or medical space available for lease/sale.
Where is this medical office space located?
The property is located at 5th Ave New York, NY.
What is the lease rate?
The lease rate is $70 SF/Yr.
What are key features of this property?
This property features: Vacant office or medical space available for lease or sale.; Ground floor location.; Sizeable space: **1,500 Sf – 3,200 Sf (4,700 Sf including lower level)**.
(917) 346-6517 Call to check price and availability
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