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Property profile & analytics
OFF-MARKET
Office Spaces

1036 Park Ave New York, NY 10028

1,200 SF Built 1957
Property ID
Property summary
AI-generated overview

This tastefully renovated 1,200 square foot medical office building at 1036 Park Avenue, New York, NY 10028, presents a unique owner-user investment opportunity. Located on Park Avenue and East 86th Street, this Class C building boasts a desirable location close to Upper East Side hospitals. Built in 1957, the property features a single tenancy and is currently configured as a cardiologist's office. The space includes several exam rooms, a bright and airy consultation room, a waiting room, a diagnostic room, and a reception area. Central air conditioning is installed throughout. The building benefits from exceptionally low maintenance costs, which are 100% tax deductible. The street entrance is conveniently located on East 86th Street. This is a beautifully redone space offering a blend of elegance and functionality in a prime Manhattan location. The cooperative ownership structure provides additional investment advantages. The asking price for this exceptional property is $999,000. This is a rare opportunity to acquire a well-maintained medical office in a highly sought-after area of New York City.

Property profile
Verified
Property type Office Spaces
Year built 1957
Total area 1,200 SF
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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