Property profile

40 Pinehurst Ave CFA New York, NY 10033

OFF-MARKET
Flex space
Property ID
US63-4054563
1,355 SF 0.12 ac lot Built 2016
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,128 square foot medical office condo, located at 40 Pinehurst Avenue in New York, NY 10033, presents a unique investment opportunity. Built in 2018, this Class C property boasts a 100% occupancy rate and is ideally suited for a variety of medical or dental practices. The unit features a modern, ADA-compliant bathroom and high 10-foot ceilings, offering ample space for customization. The "white box" interior allows for complete design flexibility to meet the specific needs of the new owner. Situated in the vibrant Washington Heights neighborhood, this property enjoys a prime location, just six minutes from Columbia North Medical Center. The building offers incredibly low monthly expenses, making this a financially attractive proposition. The property is classified as both retail, multifamily, and office, offering versatility and potential for future expansion. This turnkey medical office condo is ready for immediate occupancy and represents an excellent opportunity for a medical professional seeking a well-located, modern, and efficient practice space in Upper Manhattan. The property's convenient location and modern amenities make it a highly desirable investment.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2016
Total area 1,355 SF
Lot 0.12 ac (5,075 SF)
Zoning code R7-2
APN 02177-1101
UPID US63-4054563

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
  • Medical Clinic
  • Condominium Complex

Location

40 Pinehurst Ave, Unit CFA New York, NY 10033-5529
New York metro Census 26500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$760,000
1 recorded transaction
2025
$760,000

Zoning & alternative use

R7-2 · 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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