Property profile

1001 Park Ave New York, NY 10028

OFF-MARKET
Office Spaces
2,780 SF Built 1928
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This unique Upper East Side opportunity presents a 2,780 square foot, Class B medical office space located at 1001 Park Avenue, New York, NY 10028. Built in 1928, this property offers a rare live/work duplex within a full-service cooperative. The ground floor, approximately 1,040 square feet, features a private Park Avenue entrance, a large gallery, three offices (including one oversized corner office with a fireplace and built-ins), and two restrooms. Adaptable to various medical specialties. The second floor, a 1,740 square foot classic six-room apartment, is accessed via a separate residential lobby and elevator, as well as a service entrance and internal staircase. This floor boasts a long gallery, spacious living room with fireplace, formal dining room with built-ins, two bedrooms each with en-suite baths, a staff room, and a bath. Both floors feature pre-war details, high ceilings, and hardwood floors. The building allows washer/dryers in apartments and is pet-friendly. Conveniently located near public transportation, Lenox Hill Hospital, Mount Sinai Hospital, and New York Presbyterian Hospital/Weill Cornell Medical Center. This live/work space offers the rare combination of elegant professional office and residential living, each with private entrances and internal connectivity. The ground floor's layout is easily adaptable to various professional needs.

Property profile

Verified
Property type Office Spaces
Year built 1928
Total area 2,780 SF

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
  • Ophthalmologist
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • Consultant
  • Marketing & Advertising Advertising Agency
  • Ophthalmologist

Location

1001 Park Ave New York, NY 10028
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1001 Park Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message