969 Park Ave New York, NY 10028
Prime Upper East Side medical office co-op for sale.
- Added:
- Feb 26, 2026
- Days on Market:
- 135
- Last Refresh:
- Jun 24 at 10:35 am
Property Features for 969 Park Ave
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Office
Listing office Compass
Listing date Feb 26, 2026
Source Crexi
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 Compass
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Upper East Side location at Park Avenue and East 82nd Street.
- Turnkey medical office space ideal for healthcare professionals.
- Priced to sell at $399,000.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $51.48 |
| − Vacancy | −$9.7k | −$9.73 |
| EGI | $41.8k | $41.75 |
| − OpEx | −$10.4k | −$10.44 |
| NOI | $31.3k | $31.31 |
Alternative Uses
Property Analytics
Current Use by Public Records
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