1060 5Th AveNew York, NY 10128

Property Details for 1060 5Th Ave

Year built

1928

Property size (Sq ft)

1,200 SF

Property type

Office properties

Property subtype

Medical offices

Description

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.

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7822

Longitude

-73.9596

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