Property profile

184 70Th St New York, NY 10021

OFF-MARKET
Office Spaces
1,883 SF
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Property summary

AI-generated overview

This exceptional 1,883 square foot medical condominium, located at 184 East 70th Street, Suite B2 in New York City's Lenox Hill neighborhood, is offered at $1,700,000. Situated between Lexington and 3rd Avenues, this property boasts a prime location with convenient access to major public transportation, including Upper East Side subway lines and bus routes. The well-designed space includes a spacious waiting room, reception area with additional administrative space, six exam rooms, a lab, two consultation/office spaces, two administrative offices, two restrooms, and a kitchenette. Currently configured as a shared cardiology and internal medicine practice, this versatile space is easily adaptable to various medical specialties. Its strategic location offers proximity to renowned medical institutions such as Lenox Hill Hospital, Memorial Sloan Kettering, and others. The property's financial details include monthly common charges of $4,358.58 and annual real estate taxes of $44,202. This presents a unique opportunity to acquire a thriving medical practice space in a highly desirable and convenient location. The price per square foot is $902.81. The zip code is 10021.

Property profile

Verified
Property type Office Spaces
Total area 1,883 SF

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
  • Physician
  • Physician
  • Geriatric Care Provider
  • Physician

Location

184 70Th St New York, NY 10021
New York metro
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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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