Property profile

0 5Th Ave New York, NY 10128

OFF-MARKET
Office Spaces
7,500 SF
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Property summary

AI-generated overview

This exceptional 7,500-square-foot medical office space is located on Fifth Avenue in New York City, New York County, zip code 10128. The property is a Class B building offering a single-tenant occupancy in a prime location. The entire 7,500 square feet is currently vacant and ready for immediate occupancy. Features include a high floor with stunning views, abundant natural light from oversized windows on two sides, and a modern, open layout perfect for a medical practice. Recent renovations include new HVAC systems, updated bathrooms, exposed ceilings, and beautiful hardwood floors. The building boasts a renovated lobby and elevators, and a 24/7 operational capability is available for tenants. Lease terms are flexible, ranging from 3 to 10 years. The building also offers an attended lobby. This is a unique opportunity to secure a fully renovated, modern medical office space in a highly desirable New York City location. The space is ideal for a variety of medical practices seeking a prestigious address and a functional, well-equipped environment. Contact us today to schedule a viewing.

Property profile

Verified
Property type Office Spaces
Total area 7,500 SF

Cap rate & NOI

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

Location

5Th Ave New York, NY 10128
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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