Current Use by Public Records
- Darren Sachs, DO / Physician
- Vicken Nichan Pamoukian, MD / Physician / Hospital
- Surgical Specialists of New York / Physician
- Dr. Kristin Digregorio / Physician
- Barasch Alan MD / Physician
Property Details for 1060 5Th Ave
- Year built
- 1928
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional 1,200 square foot Class A medical office suite, located at 1060 5th Avenue, New York, NY 10128, presents a unique investment opportunity. Situated on Fifth Avenue, directly across from Central Park, this property boasts a prestigious address and unparalleled visibility. The building, constructed in 1928 and renovated in 1953, is a single-story cooperative structure with permitted R zoning. Currently 100% occupied, this multi-tenancy space offers numerous exam and consultation rooms, presenting a turnkey solution for medical professionals. The suite is move-in ready and impeccably maintained, showcasing a high-quality finish. Subleasing to other physicians is permitted, providing potential for additional income streams. The asking price is $995,000, and the maintenance fees are 100% tax deductible. This is a rare opportunity to acquire a thriving medical practice in one of Manhattan's most coveted locations. The property's prime location and exceptional condition make it an ideal investment for owner-users seeking a high-return asset in a highly desirable area. Don't miss this chance to own a piece of Fifth Avenue's prestigious medical corridor.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9596
- Latitude
- 40.7822
