Property profile

10 Park Ave New York, NY 10016

OFF-MARKET
Office Spaces
1,900 SF
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Property summary

AI-generated overview

This exceptional 1,900 square foot medical office co-op presents a unique owner/user investment opportunity in the heart of Manhattan. Located at 10 Park Avenue, New York, NY 10016, this Class A, two-story space boasts a private entrance and a prestigious Park Avenue address. The building features a limestone facade and offers townhouse-style amenities, including a full-time front desk, security personnel, mail service, and an on-site restaurant. This multi-tenant building provides a white-glove service experience. The property is zoned for both commercial and residential use, making it ideal for a variety of medical practices. Its prime location offers unparalleled convenience and prestige, situated on one of Manhattan's most distinguished blocks, close to Central Park, Grand Central Terminal, Penn Station, high-end shopping, acclaimed restaurants, and world-class cultural institutions. The asking price is $5,000,000, translating to $2,631.58 per square foot. Note that interior design shown is an artist's rendering. This rare live/work opportunity provides the ultimate in luxury, convenience, safety, and privacy.

Property profile

Verified
Property type Office Spaces
Total area 1,900 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
  • Life Coach Health Consultant
  • Life Coach Business Management Consultant
  • Law Firm
  • Law Firm
  • Law Firm

Location

10 Park Ave New York, NY 10016
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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