Property summary
This exceptional 1,949 square foot medical office suite, located at 1126 Park Avenue, Suite 1A, in New York City's prestigious Carnegie Hill neighborhood, presents a unique investment opportunity. Situated on the ground floor with a private Park Avenue entrance, this space boasts a spacious waiting room with Park Avenue views, a reception area complete with a kitchenette, five exam rooms, two consultation rooms, an administrative office, a nurses' station, a laboratory, a sterilization room, and three bathrooms. Previously used as an OB/GYN practice, its versatile layout is adaptable to a wide range of medical specialties. The building, constructed in 1929 and renovated in 1985, is a 21-story structure situated on a 14,342 square foot lot, zoned R10. Conveniently located at the corner of Park Avenue and East 90th Street, the property offers excellent accessibility via the 4, 5, 6 subway lines at 86th Street, the Q train at 96th Street, and numerous Upper East Side bus routes. Its proximity to Lenox Hill Hospital and Mount Sinai further enhances its appeal. The asking price is $995,000, with a price per square foot of $510.52. The approximate monthly maintenance is $8,681, and a 2% flip tax applies. Financing options are available up to 50% of the purchase price. This is a single-tenant property within a building containing 70 units.
Property profile
VerifiedCap rate & NOI
Current use
-
Physician
-
Physician
-
Physician Medical Clinic
-
Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.