Property profile

870 5Th Ave New York, NY 10065

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional executive office suite, located at 870 Fifth Avenue #1D in New York, NY 10065, presents a unique opportunity. Priced at $999,000, this mixed-use property boasts a prime location on Fifth Avenue and 68th Street, offering three windows with captivating Central Park views. The space is ideally suited for a private medical practice, featuring a discreet entrance and a functional layout easily adaptable to various business needs. The current configuration includes a welcoming waiting area, a dedicated reception area, two well-appointed exam rooms, two private offices, and a convenient powder room. This full-service, white-glove cooperative building provides residents and tenants with a range of amenities, including a state-of-the-art fitness center, secure bike storage, laundry facilities, and a relaxing rooftop deck. Its proximity to cultural landmarks like The Frick Collection and other Manhattan attractions adds to its desirability. This is a rare chance to acquire a sophisticated and well-equipped office space in one of Manhattan's most prestigious addresses. The property is classified as Retail, Office, and Mixed Use, with the specific subtype being Executive Office.

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
  • Financial Advisor
  • Physician Medical Clinic
  • Clothing Store
  • Physician Medical Clinic

Location

870 5Th Ave New York, NY 10065
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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