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Property profile & analytics
FOR SALE
Medical Office Space

235 East 49Th St New York, NY 10017

1,450 SF Built 1926
Property ID
US63-0054440
Property summary
AI-generated overview

Formerly utilized as a work/live arrangement, this duplex professional/medical space in Midtown East/Turtle Bay is positioned between 2nd and 3rd avenue, proximate to NYU Langone Health Hospital and NYC Health + Hospitals/Bellevue.<br><br><br>The layout of approximately 1,450 square feet features a waiting and reception area, a four-bay PT/treatment area, three private treatment rooms, two offices/consults, an X-Ray room, a spinal decompression area, two full bathrooms, one restroom, and ample storage.<br><br><br>The functional layout allows for multiple providers and specialties with a variety of technologies and top-of-the-line equipment available, including:<br><br>Digital X-Ray, a full array of PT modalities, a Cold Laser, DRX spinal decompression system, a Chattanooga Spinal Decompression System, two stationary spinal decompression tables, three "Hill" Auto Flexi Distraction/Adjusting tables, a DRX9000 spinal decompression machine, a DX Ultrasound, Active Therapeutic Movement equipment, a whole-body vibration system, and a Compression Extension Traction Chair.<br><br>The suite can be accessed via the medical street entrance or the main lobby. 235 East 49th Street is easily accessible by public transportation via the 4 and 6 train lines at Lexington Avenue and 51st Steet, E and M train lines at 53rd and 3rd Avenue, Grand Central and the local bus routes (M15, M50, M101, M102, M103).

Property profile
Verified
Property type Medical Office Space
Year built 1926
Total area 1,450 SF
UPID US63-0054440
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pain Relief Center of NYC Alternative Medicine Practice
  • Dr. Barbara Shamberg Physician Medical Clinic
  • Tim Morehouse Fencing - Midtown East Side (Manhattan) Gym & Fitness Center Sports Field & Court
  • Tretter Theresa MD Physician
  • Informer Messages On Hold Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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