10 Park Ave, New York, NY 10016
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.
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.
Costs & Benchmarks
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.