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    OFF-MARKET
    Office Spaces

    620 Park Ave, New York, NY 10065

    650 SF Built 1924
    Property ID
    Property summary
    AI-generated overview

    This exceptional 650-square-foot medical office building, located at 620 Park Avenue in New York, NY 10065, presents a unique investment opportunity. Situated on Park Avenue at East 65th Street, this Class C building, constructed in 1924, offers a convenient street entrance, perfect for patient accessibility. The interior layout includes a welcoming waiting room, two examination rooms, one spacious central consultation room, and a reception area. Currently vacant, this property is ideally suited for a variety of medical specialties, offering immediate occupancy for a new practice. The asking price is $695,000, with low monthly maintenance fees. The building's prime location on Park Avenue provides excellent visibility and accessibility, making it an attractive proposition for medical professionals seeking a well-established presence in a high-demand area. This is a rare opportunity to acquire a well-positioned medical office space in a prestigious New York City location. The property's existing infrastructure, including the waiting room, examination rooms, and consultation area, minimizes the need for extensive renovations, allowing for a quick and efficient setup. Don't miss this chance to own a piece of New York City's thriving medical community.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1924
    Total area 650 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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