Property profile

400 56Th St New York, NY 10022

OFF-MARKET
Office Spaces
3,267 SF
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Property summary

AI-generated overview

This exceptional 3,267 square foot medical office space at 400 East 56th Street in New York City's Midtown East presents a unique investment opportunity. Currently configured as a dental office, the property boasts twelve examination/operatories and multiple consultation rooms, complemented by two spacious reception areas. The building offers convenient underground parking for both tenants and patients, a significant advantage in this highly desirable location. Building amenities include a rooftop pool, an exercise room, and a versatile meeting/party room with catering capabilities, enhancing the overall tenant and patient experience. This property offers significant flexibility

Property profile

Verified
Property type Office Spaces
Total area 3,267 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
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Barber Shop
  • Hotel & Motel
  • Physician
  • Dental Office

Location

400 56Th St New York, NY 10022
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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