For Sale
$1,395,000

25 Central ParkNew York, NY 10023

959 SF Medical Office Condo, Lincoln Square

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 959-square-foot medical condo at 25 Central Park West, Suite 1R, is ideally situated in the vibrant Lincoln Square/Columbus Circle neighborhood between West 62nd and West 63rd Streets. Priced at $1,395,000 ($1,454.64/sq ft), this ground-floor space offers a highly functional layout perfect for various medical specialties. Currently configured as a podiatry practice, the unit features three exam rooms, a consultation room, a waiting area, reception area, an IT room, and a restroom. Its convenient location provides easy access to public transportation, including the A, C, B, D, 1, and 2 subway lines, as well as UWS bus routes. The proximity to Mount Sinai West Emergency Room adds to its appeal. Annual real estate taxes are $27,532.76, with monthly common charges of $1,626.40 and assessments of $167.89. A working capital contribution of up to six months of common charges is required. This presents a rare opportunity to acquire a well-appointed medical office condo in a highly desirable location.

Highlights

  • 959-square-foot medical condo at 25 Central Park West, Suite 1R, priced at $1,395,000 ($1,454.64/sq ft).
  • Ground-floor space with three exam rooms, consultation room, waiting area, reception area, IT room, and restroom. Currently configured as a podiatry practice.
  • Located in Lincoln Square/Columbus Circle, between West 62nd and West 63rd Streets, with excellent access to public transportation (A, C, B, D, 1, 2 subway lines and UWS bus routes).
  • Proximity to Mount Sinai West Emergency Room. Annual real estate taxes: $27,532.76; monthly common charges: $1,626.40; monthly assessments: $167.89; working capital contribution required (up to six months of common charges).

Property Details for 25 Central Park

Property type
Office properties, Medical offices
Square Feet
959 SF

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7705447
Longitude
-73.9807761
25 Central Park, New York, New York

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25 Central Park
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