Property summary
40 Park Avenue offers exceptional medical office space for lease in the prestigious Murray Hill submarket. Three suites are available, ranging from 542 to 1,636 square feet, all located within a luxury residential building at the corner of Park Avenue and East 36th Street. Each suite boasts a distinct layout designed to accommodate various medical specialties. Suite 2 (approx. 997 sq ft) includes a waiting room, reception area, procedure room, four exam rooms, and two restrooms with Park Avenue and East 36th Street views. Suite 3 (approx. 542 sq ft) offers a waiting/reception area, lab, two exam rooms, an office/consult room, and a restroom, also with East 36th Street views. Suite 1 (approx. 1,636 sq ft) features a waiting room, reception area, six exam rooms, two offices/consult rooms, a nurses' station, staff pantry/kitchenette, and two restrooms, all with Park Avenue views. Suites 2 and 3 share a separate street entrance, while Suite 1 has its own private entrance. The suites are adaptable and may be combined to meet specific needs. The building enjoys convenient access to public transportation, including the 4, 5, 6, 7, and S subway lines, as well as Upper East Side bus routes. This presents a rare opportunity to establish or expand a medical practice in a highly desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Association Or Organization
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Law Firm
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Dental Office
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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