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This exceptional 1,949 square foot medical office suite, located at 1126 Park Avenue, Suite 1A, in New York City's prestigious Carnegie Hill neighborhood, presents a unique investment opportunity. Situated on the ground floor with a private Park Avenue entrance, this space boasts a spacious waiting room with Park Avenue views, a reception area complete with a kitchenette, five exam rooms, two consultation rooms, an administrative office, a nurses' station, a laboratory, a sterilization room, and three bathrooms. Previously used as an OB/GYN practice, its versatile layout is adaptable to a wide range of medical specialties. The building, constructed in 1929 and renovated in 1985, is a 21-story structure situated on a 14,342 square foot lot, zoned R10. Conveniently located at the corner of Park Avenue and East 90th Street, the property offers excellent accessibility via the 4, 5, 6 subway lines at 86th Street, the Q train at 96th Street, and numerous Upper East Side bus routes. Its proximity to Lenox Hill Hospital and Mount Sinai further enhances its appeal. The asking price is $995,000, with a price per square foot of $510.52. The approximate monthly maintenance is $8,681, and a 2% flip tax applies. Financing options are available up to 50% of the purchase price. This is a single-tenant property within a building containing 70 units.
Highlights
1,949 SF medical office suite in Carnegie Hill, NYC, on the ground floor with private Park Avenue entrance.
Spacious layout includes waiting room, reception area with kitchenette, five exam rooms, two consultation rooms, administrative office, nurses' station, lab, sterilization room, and three bathrooms.
Located at 1126 Park Avenue, Suite 1A, at the corner of Park Avenue and East 90th Street, near excellent public transportation and major hospitals.
Asking price: $995,000 ($510.52/SF), with approximately $8,681 monthly maintenance and a 2% flip tax. Financing available up to 50%.
Located in a 21-story, 70-unit building (built 1929, renovated 1985) on a 14,342 SF lot, zoned R10.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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