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    168 80Th St New York, NY 10075

    For Lease
    $80 SF/Yr

    Luxury 5-story medical office, 12,800 sq ft.

    Lot size:
    12,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This newly constructed, five-story medical office building, totaling 12,800 square feet, presents a unique investment opportunity on the Upper East Side of Manhattan. Located at 168 East 80th Street, between Lexington and Third Avenues, this single-tenant property boasts six distinct full-floor commercial units, each offering flexibility for various medical practices. The building features a stretcher-compliant elevator, ensuring easy accessibility for patients and medical equipment. Its prime location offers unparalleled convenience, with proximity to major MTA transportation hubs. The property benefits from its position within a thriving medical corridor, close to renowned institutions such as Lenox Hill Hospital, Mount Sinai Hospital, Weill Cornell Medical College, and others. Furthermore, its proximity to cultural landmarks like the Metropolitan Museum of Art and the Neue Galerie enhances its appeal. The building's design and location capitalize on the increasing demand for medical offices in this area, driven by new residential developments and a growing preference for convenient, local healthcare services. Built-to-suit options are available, making this a highly attractive proposition for both investors and end-users seeking a state-of-the-art medical facility in a prestigious neighborhood. The property's zip code is 10075, and it is situated in New York County.

    Property Features for 168 80Th St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,800 SF

    Building Details

    Stories
    5

    Unit(s) available at that property

    Space
    Size
    12,800 SF
    Rate per SF
    $80

    HighLights

    • New five‑story, 12,800 SF medical office building on Manhattan's Upper East Side.
    • Located at 168 East 80th Street, between Lexington and Third Avenues.
    • Single‑tenant property with six full‑floor commercial units.
    • Features a stretcher‑compliant elevator.
    • Prime location near major transportation and renowned medical institutions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant 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
    -73.957600380814
    Latitude
    40.775314734924

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    FAQs

    What type of property is this?
    Medical office - Luxury 5-story medical office, 12,800 sq ft.
    Where is this medical office located?
    The property is located at 168 80Th St New York, NY.
    What is the lease rate?
    The lease rate is $80 SF/Yr.
    What are key features of this property?
    This property features: New five-story, 12,800 SF medical office building on Manhattan's Upper East Side.; Located at 168 East 80th Street, between Lexington and Third Avenues.; Single-tenant property with six full-floor commercial units.
    Request Owner's contact information
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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
    168 80Th St New York, NY 10075
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