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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

980 1St Ave New York, NY 10022

5,230 SF
Property ID
Property summary
AI-generated overview

This exceptional 5,230 square foot medical office building at 980 1st Ave in Manhattan, New York, NY 10022 presents a unique leasing opportunity. The property is currently fully vacant, offering immediate occupancy for a single tenant or multiple tenants. The flexible layout allows for spaces ranging from a minimum of 1,360 square feet to a maximum contiguous space of 3,870 square feet, catering to various business needs. Located in New York County, this property boasts a highly desirable address in a vibrant and accessible area of Manhattan. The building's versatile design makes it suitable for a variety of medical practices or related commercial uses. Its strategic location provides excellent visibility and convenient access for patients and staff. The property is classified as Retail, Office, and Restaurant, offering diverse potential uses within the medical office context. This is an unparalleled chance to secure a prominent presence in a thriving Manhattan neighborhood. The entire 5,230 square feet is available for lease, providing ample space for expansion or consolidation. Interested parties are encouraged to inquire for further details and to schedule a viewing. This is a rare opportunity to establish or expand a medical practice in a prime Manhattan location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,230 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 400-408 E 54th St Garage Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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