140 End AveNew York, NY 10023

This exceptional 1-bedroom, 1-bathroom medical office suite, located at 140 West End Avenue, Apartment #1J, in New York, NY 10023, presents a unique investment opportunity. Ideally situated at West 66th Street and West End Avenue, this Class C, post-war high-rise building offers a desirable location. Currently configured as a physical therapy practice with a reception area and three treatment rooms, the 1,000 square foot space is currently leased to a subtenant until 2027 at a monthly rent of $6,250. The adaptable layout allows for various medical specialties. Built in 1964, the building boasts amenities including a 24-hour doorman, attended lobby, building courtyard, fitness room, basement laundry facilities, storage, and pet-friendly policies. The unit features air conditioning. The monthly carrying costs are exceptionally low, totaling $2,003.09, encompassing common charges of $752.64, real estate taxes of $1,179.40, and a capital contribution of $71.06. This property offers a strong return on investment with a stable income stream and significant upside potential. The asking price for this remarkable opportunity is $595,000.