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    1961 Broadway New York, NY 10023

    Sponsored
    For Lease
    Contact for pricing

    NYC Medical Office Suites Available Now

    Lot size:
    34,095 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional medical office building at 1961 Broadway in New York City's vibrant Upper West Side offers a unique leasing opportunity. The property boasts a total of 34,095 square feet, with multiple suites available for lease. Spaces range from a minimum of 2,361 square feet to a maximum contiguous space of 26,001 square feet, providing flexibility for practices of various sizes. Currently, a substantial 33,695 square feet is vacant, presenting a rare chance to secure significant space in a highly desirable location. The building's versatile design caters to medical professionals, with ceiling heights ranging from 11 to 22 feet, accommodating diverse needs and layouts. Located in New York County, with a 10023 zip code, this property benefits from excellent visibility and accessibility on Broadway. The building's classification includes both retail and office space, reflecting its adaptability and potential for a variety of uses within the medical field. This is an unparalleled opportunity to establish or expand a medical practice in one of Manhattan's most sought-after neighborhoods. The property is categorized as multi-tenant, offering a dynamic and collaborative environment. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

    Property Features for 1961 Broadway

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,095 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    5,333 SF
    Space
    Second Floor
    Size
    26,001 SF
    Space
    Third Floor Mezzanine
    Size
    2,361 SF

    HighLights

    • High‑profile Upper West Side retail space.
    • Directly across from Lincoln Center and Juilliard School.
    • Corner location offering exceptional street frontage and branding potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Delax Commercial Glass ... Iron Works Raymour & Flanigan Furniture ... Furniture Store

    Suggested Use

    Restaurant Law Firm 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
    -73.9825658
    Latitude
    40.7741885

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    FAQs

    What type of property is this?
    Medical office - NYC Medical Office Suites Available Now
    Where is this medical office located?
    The property is located at 1961 Broadway New York, NY.
    What are key features of this property?
    This property features: High-profile Upper West Side retail space.; Directly across from Lincoln Center and Juilliard School.; Corner location offering exceptional street frontage and branding potential.
    Request Owner's contact information
    1961 Broadway New York, NY 10023
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    New York, NY 10023
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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
    1961 Broadway New York, NY 10023
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