1020 Park Ave New York, NY 10028
This exceptional 1-square-foot medical office suite enjoys a coveted location at 1020 Park Avenue, nestled between 85th and 86th Streets in New York County, NY 10028. The property, built in 1962, offers a single-tenant occupancy within a larger building. The suite boasts a prestigious Park Avenue entrance, providing both privacy and high visibility. Inside, abundant natural light floods the spacious waiting area, offering stunning Park Avenue views. The current layout includes a dedicated reception area, a generously sized waiting room, a consultation and examination room, ample storage space to accommodate medical equipment and supplies, and two well-appointed bathrooms. Recently updated, this turnkey space is immediately available and perfectly suited for a variety of medical specialties. The property's unique features and prime location make it an unparalleled opportunity for a discerning medical professional seeking a sophisticated and convenient practice setting. The building's address is 1020 Park Ave, New York, NY 10028. The property is classified as Retail and Office, with a subtype of Medical Office and Commercial. The total building square footage and vacant square footage are both listed as 1 square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.