Property profile

140 End Ave 1D New York, NY 10023

OFF-MARKET
Flex space
Property ID
US63-4458303
312 SF 1.63 ac lot Built 1964
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional $400,000 medical office condo, located at 140 West End Avenue, #1K in New York, NY 10023, presents a unique investment opportunity. Situated at the desirable intersection of West 66th Street and West End Avenue, this Class C, post-war high-rise building offers a suite ideally configured for various medical specialties. The 1-bedroom, 1-bathroom unit features a spacious reception area and two offices/exam rooms, providing ample space for patient consultations and administrative tasks. Built in 1964, the building boasts a range of amenities including a 24-hour attended lobby, doorman service, a fitness room, a building courtyard, basement laundry facilities, and pet-friendly policies. Storage is also available. The unit's low monthly carrying costs are a significant advantage, totaling $1,208.87, encompassing common charges of $417.38, real estate taxes of $752.08, and a capital contribution of $39.41. This property offers a compelling combination of prime location, functional layout, and attractive building amenities, making it an ideal investment for healthcare professionals seeking a well-established practice space in a vibrant New York City neighborhood.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1964
Total area 312 SF
Lot 1.63 ac (71,046 SF)
Zoning code R8
APN 01158-1301
UPID US63-4458303

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
  • Foster Care Service Social Service Agency
  • Law Firm
  • Architecture Firm
  • Gym & Fitness Center
  • Computer Wholesaler

Location

140 End Ave, Unit 1D New York, NY 10023-6131
New York metro Census 15501 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
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Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

Zoning & alternative use

R8 · 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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