Property profile

305 2Nd Ave New York, NY 10003

OFF-MARKET
Office Spaces
900 SF Built 1902
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Property summary

AI-generated overview

This 900-square-foot medical office condo is located at 305 2nd Ave #20, New York, NY 10003, in a Class C building constructed in 1902. Situated in the prestigious Rutherford Condominium with concierge service, this single-tenancy space boasts two exam rooms (one oversized for procedures), a reception area, a consultation waiting room, and a bathroom. Its exceptional location in Greenwich Village places it directly across from NYU Orthopedic Hospital and Stuyvesant Park, offering unparalleled visibility and accessibility. The condo features low monthly charges and is move-in ready, representing a turnkey opportunity for medical professionals. The building includes a dedicated section for medical offices of various specialties. This owner-user investment opportunity is priced at $850,000. Note that financing options may be available, including a potential 3.99% interest rate with a six-month interest-only period and 100% financing with no down payment (specific terms and conditions apply). This property presents a rare chance to acquire a well-appointed medical office in a highly desirable location.

Property profile

Verified
Property type Office Spaces
Year built 1902
Total area 900 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
  • Medical Clinic
  • Apartment Building
  • Alternative Medicine Practice Spa & Massage Center
  • Physician
  • Physician

Location

305 2Nd Ave New York, NY 10003
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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