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Property profile & analytics
OFF-MARKET
Office Spaces

885 Park Ave Apartment New York, NY 10075

Property ID
Property summary
AI-generated overview

This exceptional 725,000 USD executive or medical office suite, located at 885 Park Avenue, Apartment #1A, New York, NY 10075, presents a unique opportunity in a prestigious full-service building. Situated on the ground floor with a convenient lobby entrance, this pre-war space boasts a spacious layout ideal for various medical or executive uses. The suite features a welcoming waiting room and reception area, two consultation rooms (one lead-lined), and two exam rooms, providing ample space for patient interaction or client meetings. Three restrooms ensure convenience, while abundant file storage and two Park Avenue-facing windows enhance the professional atmosphere. The building offers elevator access and allows pets. This prime Upper East Side location provides easy access to major hospitals and public transportation. Note that a 3% flip tax applies to this sale. The suite includes four rooms, two full bathrooms, and one half bathroom. This is a truly remarkable opportunity to establish a thriving practice or executive office in one of Manhattan's most desirable addresses.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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