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    51 5Th Ave New York, NY 10003
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    Property profile & analytics

    51 5Th Ave New York, NY 10003


    • Land
    • 245 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tallent Marc A / Physician / Medical Clinic
    • Pak Grace H MD / Physician / Medical Clinic
    • James Blechman, LCSW-R, LMFT, LP / Family Counselor / Marriage Or Relationship Counselor
    • Lunar Oculitis / Training Center / Tutoring Service
    • 51 5th Avenue / Property Management Company

    Property Details for 51 5Th Ave

    Property size
    245 SF
    Property type
    Land

    Description

    This exceptional 245-square-foot commercial office space is ideally situated on lower Fifth Avenue in New York City's coveted Gold Coast, between East 11th and East 12th Streets. Located on the first floor of a full-service residential cooperative building at 51 5th Avenue, this turnkey space boasts a recent renovation down to the studs. Features include a built-in kitchenette with custom shaker-style cabinets, a fireplace, custom wood storage cabinets, and professional lighting design with recessed, sconce, rail, and wire lighting in various wattages. The space offers an 11.5-foot ceiling height and a large window overlooking a tree-lined street. Currently configured with a waiting room and an office, the layout is easily adaptable to a loft-style design. The property's prime location offers unparalleled access to various transportation options, including the 4, 5, 6, L, N, R, Q, M, F, and PATH trains, as well as numerous bus routes. Nearby amenities include abundant shopping, restaurants, and residential buildings. The asking price is $395,000, with a monthly maintenance fee of $815 and a $310 monthly assessment until February 2025. Note that all dimensions are approximate


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    36061
    State
    New York
    Longitude
    -73.9942
    Latitude
    40.7344
    More about this property
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