Property profile

340 52Nd St New York, NY 10022

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 1,112-square-foot medical office space at 340 E 52nd St, New York, NY 10022, is ideally situated in Midtown East's vibrant submarket. The single-tenant property offers a sophisticated and functional layout perfect for a variety of medical practices, including plastic surgery, cosmetic dentistry, medispas, or aesthetic practices. Features include two bathrooms, a pantry/break room, central air and heating with after-hours availability, high ceilings with recessed lighting, hardwood floors, and abundant natural light. The space is designed for optimal workflow, boasting an open-plan design, reception area, and is wheelchair accessible. The building itself features a sleek new lobby with a 24/7 doorman, ensuring a professional and welcoming environment for clients. The "plug and play" setup allows for immediate occupancy. This property presents a unique opportunity to establish or relocate a thriving practice in a prestigious New York City location. Note that the listed rate may exclude certain utilities, building services, and property expenses. The space comfortably accommodates 3-9 people.

Property profile

Verified
Property type Retail properties & Spaces

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
  • Physician Medical Clinic
  • Dental Office
  • Physician
  • Apartment Building
  • Law Firm

Location

340 52Nd St New York, NY 10022
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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