Property profile

1955 1St Ave New York, NY 10029

OFF-MARKET
Retail properties & Spaces
13,664 SF
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Property summary

AI-generated overview

This exceptional three-story medical office building, located at 1955 1st Avenue in New York, NY 10029, offers a total of 13,664 square feet of space currently available for lease. The building is situated in New York County and presents a unique opportunity for medical practices seeking flexible and adaptable space. The property features multiple suites, allowing for various configurations to suit different needs. Individual suites range in size from a minimum of 1,412 square feet to a maximum contiguous space of 8,630 square feet, providing options for both smaller and larger practices. The entire building, totaling 13,664 square feet, is currently vacant, presenting a rare chance to establish a significant presence in a desirable location. The building's three stories offer ample room for growth and expansion, with the potential for customized layouts to meet specific requirements. This prime location in New York City offers excellent visibility and accessibility, making it an ideal setting for a thriving medical practice. The property is classified as both retail and office space, reflecting its versatility and potential for a wide range of medical uses. Interested parties are encouraged to inquire about lease terms and explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Retail properties & Spaces
Total area 13,664 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
  • Apartment Complex Apartment Building
  • HVAC Service General Contractor
  • Moving Company
  • Real Estate Agency
  • Foster Care Service Social Service Agency

Location

1955 1St Ave New York, NY 10029
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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