Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Hearing Aid Store
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Physician
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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