161 Madison Ave - Medical FOR SALE


New York, NY 10016- Kips Bay
$2,199,999 USD
516-509-5476
161 Madison Ave, New York, NY for Sale
$2,199,999 USD
Medical - FOR SALE
1/14
null | Request Cap Rate

161 Madison Ave
New York, NY 10016
Kips Bay


HIGHLIGHTS

  • 2 Bathrooms
  • 5 Exam Rooms
  • 2 Private Offices
  • 24 Hour Doorman
  • Reception Area
  • Transportation Hub

OVERVIEW

Located on prestigious Madison Avenue in the heart of Midtown Manhattan, Suite 10E at 161 Madison Avenue presents a rare opportunity to acquire a professional office in one of New York City’s most established business districts. Currently configured as a medical office, the space offers flexibility for a variety of professional uses. The efficient layout can readily accommodate medical, legal, financial, consulting, wellness, and other professional practices. The property benefits from exceptional regional connectivity, providing convenient access for clients, patients, and employees throughout New York City and the surrounding metropolitan area via major transit hubs and transportation networks. Surrounded by leading businesses, professional service firms, retail destinations, hotels, and dining establishments, the Madison Avenue corridor continues to attract strong demand from professional and medical users. Its prime location and limited supply of quality office ownership opportunities support long-term value and the potential to achieve premium rental rates. 161 Madison Avenue, Suite 10E combines a premier Midtown location, exceptional connectivity, flexible professional-office functionality, and strong market fundamentals, making it an outstanding ownership opportunity in one of Manhattan’s most desirable commercial corridors.

FOR SALE DETAILS

PRICE

$2,199,999 USD

PRICE/SF

$32 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

12

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C5-2, Manhattan

APN/PARCEL ID

0862-1005,0862-1010,0862-1011

ASK ABOUT THIS PROPERTY

Dominique FlorioSERHANT.More Info
516-509-5476

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Dominique FlorioSERHANT.More Info
516-509-5476

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.