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Property profile & analytics

80 Park Ave Ste 1a New York, NY 10016-2542

  • Flex space
  • 1,559 SF
  • 0.40 lot acres
OFF-MARKET
Value Estimations
$370,000
Show details
Cap Rate Potential
6.2%
Flex space
Location Intelligence
Property ID
US63-3361458
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Flex space

Property Details for 80 Park Ave Ste 1a

Year built
1956
Lot size
0.40 lot acres
Property size
1,559 SF
Zone code
R10
Property type
Flex space
APN
00868-1202
APU
8681202

Description

This exceptional 1,000 square foot medical office condo is ideally situated at 80 Park Avenue, Suite 1D, in New York City's prestigious Murray Hill neighborhood. Located in a luxury residential building at the corner of Park Avenue and East 39th Street, this suite offers a prime location with convenient access to public transportation, including the 4, 5, 6, 7, and S subway lines, and UES bus routes. The suite boasts a thoughtfully designed layout, currently configured as a dental practice but easily adaptable to various medical specialties. Features include a welcoming waiting room, reception area, four operatories fully equipped with monitors and nitrous oxide plumbing, a dedicated lab, a consultation office, an administrative office, and a restroom. The asking price is $1,100,000, with a price per square foot of $1,100. Building amenities include convenient garage parking. Annual real estate taxes are $28,282.48, monthly common charges are $1,394.69, and there is a monthly assessment of $733.46. This turnkey medical office condo presents a rare opportunity to acquire a well-appointed space in a highly desirable location. The suite shares a street entrance vestibule with an adjacent medical suite.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $365,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $375,000
    6.5%
    $350,000
    7%
    $325,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $452,000
    Market price range: $59.7k - $617k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9797
Latitude
40.7502
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,175
$69,179
$225,145
$294,324
-
$153,731
$537,698
$691,429
More about this property
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