40 Pinehurst AveNew York, NY 10033

  • Flex space
  • 1,355 SF
For Sale
$1,128,000 View listing

Property Details for 40 Pinehurst Ave

Year built
2016
Lot size
0.12 AC
Property size (Sq ft)
1,355 SF
Zone code
R7-2
Property type
Flex space
APN
02177-1101
APU
21771101

Description

This exceptional 1,128 square foot medical office condo, located at 40 Pinehurst Avenue in New York, NY 10033, presents a unique investment opportunity. Built in 2018, this Class C property boasts a 100% occupancy rate and is ideally suited for a variety of medical or dental practices. The unit features a modern, ADA-compliant bathroom and high 10-foot ceilings, offering ample space for customization. The "white box" interior allows for complete design flexibility to meet the specific needs of the new owner. Situated in the vibrant Washington Heights neighborhood, this property enjoys a prime location, just six minutes from Columbia North Medical Center. The building offers incredibly low monthly expenses, making this a financially attractive proposition. The property is classified as both retail, multifamily, and office, offering versatility and potential for future expansion. This turnkey medical office condo is ready for immediate occupancy and represents an excellent opportunity for a medical professional seeking a well-located, modern, and efficient practice space in Upper Manhattan. The property's convenient location and modern amenities make it a highly desirable investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $256,419
    Hospitality
    $234,878
    Educational
    $195,416
    Medical
    $202,137
    Retail
    $303,981

Location Insight

City
New York
County
New York
State
New York
Latitude
40.8497
Longitude
-73.9401
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,748
$4,843
$143,838
$148,681
-
$10,763
$343,298
$354,061

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