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    OFF-MARKET
    Office Spaces

    10 Park Ave, New York, NY 10016

    1,900 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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