Medical Office Space in Murray
For Lease
Contact for pricing
40 Park Ave, New York, NY 10016
Medical office space with private entrance in luxury Murray Hill building.
Space Size1,636 SF
Days on Market657
Property Features for 40 Park Ave
General Information
Standard status
Active
Size
1,636 SF
Property subtype
Office
Building Details
Tenancy
Multiple
Spaces For Lease
at 40 Park Ave Contact us- Size
- 1,636 SF
- Type
- Office
- Availability
- Active
Suite 1
Listing Agency:
Wexler Health Care Properties Team
(212) 836-1075
Listed By:
Paul Wexler · License #NY 30WE0902877
Source:
Crexi
Added: Nov 6, 2024
Changed: Aug 23
Last Checked: Aug 23 at 5:25AM
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 Wexler Health Care Properties Team
Investment Insights
Based on property information with market context.
Located in Murray Hill between East 36th and East 37th Street, 40 Park Avenue, Suite 1, offers a medical space for lease with a private street entrance within a luxury residential building. The space is approximately 1,636 RSF and features a new medical pre-built layout. The layout includes a waiting room, reception area, five exam rooms, two offices/consults, a nurses’ station, staff pantry/kitchenette, and two restrooms. This space is adaptable to any medical specialty. The property is proximate to NYU Langone Health, HSS, and NYC Health + Hospitals / Bellevue. Public transportation is accessible via the 4, 5, 6, 7 and S subway lines as well as UES bus routes.
Key Highlights
- Medical space with private street entrance in luxury residential building.
- New, pre‑built medical layout of approximately 1,636 RSF.
- Layout includes waiting room, reception area, five exam rooms, two offices/consults, nurses’ station, staff pantry/kitchenette, and two restrooms.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$9.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
46,936
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
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
5,596 SF
Avg Space Size
This space is priced 25% above the average of $51.85 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office space with private entrance in luxury Murray Hill building.
Where is this medical office space located?
The property is located at 40 Park Ave New York, NY.
What is the lease rate?
The lease rate is $65 SF/Yr.
What are key features of this property?
This property features: Medical space with private street entrance in luxury residential building.; New, pre‑built medical layout of approximately 1,636 RSF.; Layout includes waiting room, reception area, five exam rooms, two offices/consults, nurses’ station, staff pantry/kitchenette, and two restrooms.
