168 80Th StNew York, NY 10075

Property Details for 168 80Th St

Year built

1920

Lot size

0.06 AC

Property size (Sq ft)

8,637 SF

Zone code

R8B

Property type

Office properties

Property subtype

Office buildings

APN

01508-0045

APU

15080045

Description

This stunning, newly constructed medical office building at 168 East 80th Street offers 12,400 square feet of prime space. The five-story building features six distinct, full-floor commercial units, each perfect for a variety of medical practices. A key feature is the inclusion of a stretcher-compliant elevator, ensuring easy access for patients. Its enviable location on 80th Street, between Lexington and Third Avenues, provides unparalleled accessibility to major MTA transportation hubs. Situated within the prestigious medical mile corridor, the building enjoys close proximity to renowned institutions such as Lenox Hill Hospital, Mount Sinai Hospital, Weill Cornell Medical College, and several others. The surrounding area boasts a rich cultural landscape, with the Metropolitan Museum of Art, Neue Galerie New York, and Asia Society nearby. This property benefits from the surge in new condo developments and a growing community of residents on the Upper East Side, creating a strong demand for high-quality medical services. Built-to-suit opportunities are available for investors or end-users seeking a best-in-class property in a thriving neighborhood. This is a unique opportunity to acquire a state-of-the-art medical office building in one of Manhattan's most desirable locations. The single-tenant occupancy allows for a streamlined management experience.

• CAP approach

  CAP return

  Valuation

  6%

  $1,427,954

  6.5%

  $1,318,112

  7%

  $1,223,961

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,128,510

  Geo Method

  $1,128,510

• Alternative Use

  Use

  Valuation

  Residential

  $1,634,458

  Hospitality

  $1,497,155

  Educational

  $1,245,615

  Medical

  $1,288,454

  Retail

  $1,937,624

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7751

Longitude

-73.9578

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].