Property profile

121 E 60Th St New York, NY 10022

FOR SALE
Office buildings
Property ID
US63-3028374
49,815 SF 0.14 ac lot Built 1924
Individually Owned Free & Clear
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For Sale
Contact for pricing 49,815 SF
121 E 60Th St, New York, NY 10022
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Property summary

AI-generated overview

The property is a renovated medical office suite located at 121 East 60th Street, Suite 3B, in New York, NY, within the Lenox Hill area just off Park Avenue. The interior layout includes a reception/office area, a waiting room, four exam rooms, multiple coat closets, a powder room, and a pantry kitchen, with built-in storage elements throughout. The suite is part of a commercial medical cooperative that provides building services including 24-hour concierge coverage and a full-time building manager, and the cooperative’s common operations cover building-related tax expenses. The cooperative is configured to allow medical professional office use and permits up to 75% financing, with approval processes governed by the cooperative.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1924
Total area 49,815 SF
Lot 0.14 ac (6,025 SF)
Zoning code R8B
APN 01395-0010
UPID US63-3028374

Cap rate & NOI

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

Location

121 E 60Th St New York, NY 10022
New York metro Census 11402 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k

Owner & transaction history

since 2026
Last sale
$1.7M
7 recorded transactions
2026
$1.7M
2024
$650,000
2024
$350,000
2024
Price N/A
2024
Price N/A
2024
$425,000
2024
Price N/A

Zoning & alternative use

R8B · New York, NY

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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