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    OFF-MARKET
    Office Spaces

    60 Gramercy Park, New York, NY 10010

    1,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,000-square-foot Class A executive/medical/traditional office suite is available for sale at $1,248,000 ($1,248/sq ft). Located at 60 Gramercy Park North, Suite 1B, New York, NY 10010, this vacant co-op unit boasts a private street-level entrance. The layout is ideal for medical practices or other professional uses, featuring a waiting room, reception area, two consultation/offices, four exam rooms, two restrooms, and a kitchenette. The building offers a full suite of amenities including a doorman, live-in superintendent, on-site laundry facilities, bicycle room, storage, and a fitness center. Its prime Gramercy Park location provides easy access to numerous prominent New York hospitals, including NYU Langone, NYU Tisch, Hassenfeld Children's Hospital at NYU Langone, Bellevue Hospital, and Mount Sinai Hospital. Enjoy the convenience of nearby restaurants and excellent public transportation. A key to Gramercy Park is included. This property is offered as a 1031 exchange opportunity. The gross lease structure makes this a straightforward and attractive investment. This is a unique opportunity to acquire a well-appointed, move-in ready office space in a highly desirable location.

    Property profile
    Verified
    Property type Office Spaces
    Total area 1,000 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
    Current use
    Occupant on record · Public records
    • Dr. Gopal Narasimhan Physician
    • Silver William A MD Physician
    • Shaftan Gerald W MD Physician
    • Mihaela Galica-Vladutiu, MD Physician
    • Gramercy Park Gastroenterology Medical Clinic
    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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