For Sale
$995,000

1060 5Th Ave New York, NY 10128

1,200 SF, 100% Occupied, $995,000

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 1,200 square foot Class A medical office suite, located at 1060 5th Avenue, New York, NY 10128, presents a unique investment opportunity. Situated on Fifth Avenue, directly across from Central Park, this property boasts a prestigious address and unparalleled visibility. The building, constructed in 1928 and renovated in 1953, is a single-story cooperative structure with permitted R zoning. Currently 100% occupied, this multi-tenancy space offers numerous exam and consultation rooms, presenting a turnkey solution for medical professionals. The suite is move-in ready and impeccably maintained, showcasing a high-quality finish. Subleasing to other physicians is permitted, providing potential for additional income streams. The asking price is $995,000, and the maintenance fees are 100% tax deductible. This is a rare opportunity to acquire a thriving medical practice in one of Manhattan's most coveted locations. The property's prime location and exceptional condition make it an ideal investment for owner-users seeking a high-return asset in a highly desirable area. Don't miss this chance to own a piece of Fifth Avenue's prestigious medical corridor.

Highlights

  • $995,000 asking price for a 1,200 SF medical office building.
  • Located at 1060 5th Ave, New York, NY 10128, across from Central Park.
  • Class A, 1-story building, 100% occupied, multi-tenant.
  • Owner/user investment opportunity; For sale by owner.
  • Built in 1928, renovated in 1953.
  • R-zoned.

Property Details for 1060 5Th Ave

Property type
Office properties, Medical offices
Square Feet
1,200 SF
Class
A
Year Built/Renovated
1928/1953
Stories
1

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7822029
Longitude
-73.959633
1060 5Th Ave, New York, New York

FAQs

What type of property is this?
Office property - 1,200 SF, 100% Occupied, $995,000
Where is the office property located?
The property is located at 1060 5Th Ave New York, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: $995,000 asking price for a 1,200 SF medical office building.; Located at 1060 5th Ave, New York, NY 10128, across from Central Park.; Class A, 1-story building, 100% occupied, multi-tenant.
How can I contact the broker?
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1060 5Th Ave
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