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    OFF-MARKET
    Office Spaces

    620 Park Ave, New York, NY 10065

    2,200 SF Built 1924
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A medical office, located at 620 Park Avenue, New York, NY 10065, presents a unique investment opportunity. Occupying 2,200 square feet within a prestigious Upper East Side building constructed in 1924, this 100% occupied space is currently configured as a thriving plastic surgery practice. The asking price is $2,200,000, translating to $1,000 per square foot. The property is a cooperative ownership (COOP). A key feature is a certified operating room suite, spacious and comparable to those found in hospitals or ambulatory surgery centers. Beyond the operating room, the space includes multiple examination and consultation rooms, making it ideally suited for a variety of medical specialties. The building's prime location on Park Avenue offers unparalleled visibility and accessibility. Monthly charges are reasonable. This turnkey medical office presents a rare opportunity to acquire a highly desirable and profitable asset in one of Manhattan's most coveted neighborhoods. The property is offered as an owner/user investment.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1924
    Total area 2,200 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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