Property profile

575 Park Ave New York, NY 10065

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional office space, located at 575 Park Avenue in New York City's coveted Upper East Side, presents a unique investment opportunity. Priced at $320,000, this property within The Beekman building offers a blend of classic elegance and modern functionality, ideal for creative or medical office uses. Situated just two blocks from Central Park, the building boasts Italian Renaissance architecture, creating a sophisticated ambiance perfect for attracting high-end clientele. The prime location on Park Avenue ensures high visibility and accessibility, enhancing the prestige of any practice. This is more than just an office

Property profile

Verified
Property type Office Spaces

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
  • Recording Studio
  • Restaurant
  • Condominium Complex Apartment Complex
  • Big Box & Wholesale Store
  • Business Service Center

Location

575 Park Ave New York, NY 10065
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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