Property profile

60 Gramercy Park New York, NY 10010

OFF-MARKET
Office Spaces
1,000 SF
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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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Physician
  • Medical Clinic

Location

60 Gramercy Park New York, NY 10010
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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