Property profile

1160 Park Avenue New York, NY 10128

FOR SALE
Medical Office Space
Property ID
US63-Q019680
1,850 SF Built 1925
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Property summary

AI-generated overview

Available for sale, 1160 Park Avenue, Suite 1A1C is a ground-floor medical office at the base of a luxury residential co-op. This suite offers direct patient access through a shared street entrance separate from the building's main residential lobby, as well as a secondary ingress/egress on East 92nd Street for additional convenience and privacy. Highlights Shared street entrance on Park Ave separate from the main lobby Secondary private street entrance on East 92nd Street allows flexible patient and staff flow Adaptable design suitable for a wide range of medical specialties Adaptable to any medical specialty Layout Waiting Room Reception Area Two Private Offices/Consult Rooms Six Exam Rooms Five Restrooms Residential Conversion Potential The C/O for this ground-floor medical co-op allows for medical and residential use. Conversion to a residential layout and use may be possible with proper board approval. About the Location Situated in Carnegie Hill on the Upper East Side, this Park Avenue address offers both prestige and convenience. The neighborhood is home to a strong residential community, world-class hospitals, and a robust physician network. Suite 1A1C provides healthcare providers with a Park Avenue presence, serving both local patients and those traveling from across New York City. Transportation & Accessibility Proximate to the 4, 5, and 6 subway lines along Lexington Avenue Close to crosstown and uptown/downtown bus routes Proximate to leading medical institutions, including: o Mount Sinai Hospital o Lenox Hill Hospital o NewYork-Presbyterian/Weill Cornell Medical Center o Hospital for Special Surgery (HSS) o Memorial Sloan Kettering Cancer Center Ideal Uses Physicians, specialists, or healthcare groups seeking to own medical space in one of Manhattan's most desirable neighborhoods, with direct patient access, multiple entry points, and a flexible, fully functional medical layout.

Property profile

Verified
Property type Medical Office Space
Year built 1925
Total area 1,850 SF
UPID US63-Q019680

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1160 Park Avenue New York, NY 10128
New York metro
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Value estimations

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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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