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    2431 Broadway New York, NY 10024

    Sponsored
    For Lease
    Contact for pricing

    Prime NYC Medical Office - 20,000 SF Available

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 20,000 square foot commercial property, located at 2431 Broadway in New York, NY 10024, presents a unique opportunity for medical office tenants. Currently entirely vacant, this multi-tenant building offers two available spaces, each totaling 10,000 square feet. The property is classified as both retail and office space, making it highly versatile and suitable for a range of medical practices. Ceiling heights vary, offering 14' 9" and 10' 9" clearances, providing flexibility in design and layout. Situated in New York County, this property benefits from excellent visibility and accessibility within a thriving urban environment. The building's substantial size and complete vacancy provide an unparalleled chance to establish a significant medical presence in a prime Manhattan location. This is an exceptional opportunity to secure a large, well-located space in a highly desirable area. The property's zoning and specific permitted uses should be independently verified. Interested parties are encouraged to conduct their own due diligence.

    Property Features for 2431 Broadway

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Unit(s) available at that property

    Space
    Lower Level
    Size
    10,000 SF
    Space
    Ground Floor
    Size
    10,000 SF

    HighLights

    • Three blocks to the 1 train at 86th Street.
    • Existing elevators.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -73.9750963
    Latitude
    40.790717

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    FAQs

    What type of property is this?
    Medical office - Prime NYC Medical Office - 20,000 SF Available
    Where is this medical office located?
    The property is located at 2431 Broadway New York, NY.
    What are key features of this property?
    This property features: Three blocks to the 1 train at 86th Street.; Existing elevators.;
    Request Owner's contact information
    2431 Broadway New York, NY 10024
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    New York, NY 10024
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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
    2431 Broadway New York, NY 10024
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