Property profile

215 Madison Ave New York, NY 10016

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 2,455-square-foot medical office space is ideally situated at 215 Madison Avenue, in the vibrant Murray Hill submarket of New York City, NY 10016. The property boasts a highly desirable ground floor location at the corner of Madison Avenue and 36th Street, offering excellent visibility and accessibility for patients. Currently configured as a single-tenant space, it was previously occupied by Rosh Maternal Fetal Medicine. The space is available for lease and presents a unique opportunity for medical professionals seeking a well-located, efficient office environment. The landlord is highly motivated to secure a qualified tenant, making this a particularly attractive proposition for those seeking a below-market rental rate. The property's classification includes both retail and office uses, offering flexibility for a variety of medical practices. This prime location in Murray Hill provides easy access to public transportation, numerous amenities, and a dense population base. The space is ready for immediate occupancy, presenting a rare chance to establish or expand a medical practice in a highly sought-after area of Manhattan. This is a single-tenant space, offering privacy and control over the entire premises. Don't miss this opportunity to secure a remarkable medical office space in a premier Manhattan location at an exceptional price.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

215 Madison Ave New York, NY 10016
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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