620 Park Ave, New York, NY 10065
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.