45 72Nd St, New York, NY 10021
This exceptional 1,600 square foot medical office space, located at 45 East 72nd Street in New York, NY 10021, presents a unique investment opportunity. Situated between Park and Madison Avenues in the Upper East Side's desirable Coop building, this Class C property boasts a prime location and is currently vacant. Built in 1959, the space features central air conditioning, five exam rooms, two large consultation rooms, a reception and waiting area, two bathrooms, and two administrative areas. Large south-facing windows provide excellent natural light throughout the day. The property offers convenient access via two entrances – one from the street and another from the recently renovated lobby. The asking price of $995,000 represents an attractive price per square foot, making this a compelling opportunity in a competitive market. The building is an upscale cooperative, and the seller is motivated. Few medical offices of this size are available in this location. This property is ideal for medical professionals seeking a well-appointed space in a prestigious Upper East Side neighborhood.
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Bienstock Paul A MD Physician
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Better Hearing Assoc Hearing Aid Store
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Dr. Alvin Katz, M.D., P.C. Physician
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Cohn Lawrence J MD Physician
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Margaret Langner Physician
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
Similar Nearby for Sale
Similar Nearby for Lease
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.