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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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