Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R8B · New York, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning