80 Park Ave - Apartments CONDO FOR SALE


New York, NY 10016- Murray Hill | 
$2,148,000 USD
310-433-5945
80 Park Ave, New York, NY for Sale
$2,148,000 USD
Apartments CONDO - FOR SALE
1/13
null | 4.75% Cap Rate

80 Park Ave
New York, NY 10016
Murray Hill


HIGHLIGHTS

  • 100% leased to a dental practice with continuous local service since 1957 and current leadership since 1987.
  • Located on iconic Park Avenue in Midtown Manhattan with superb connectivity to major transit hubs including Grand Central and Penn Station.
  • Absolute NNN lease structure provides passive investment income with no landlord obligations.
  • Positioned within one of the country’s most densely populated neighborhoods supporting long-term stability.
  • Surrounding area includes major medical facilities, universities, and Class A office buildings.
  • Walking distance to premier hospitality, dining, and transportation hubs including Times Square and Bryant Park.

OVERVIEW

This offering presents a rare Park Avenue investment opportunity—a first-floor condominium fully leased to a well-established dental practice with decades of operational success. The property sits in a premier Manhattan location providing exceptional connectivity and walkability. Investors benefit from a fee-simple ownership structure and long-term tenant stability secured by MB2 Dental, a nationally recognized Dental Partnership Organization. The NNN lease structure creates a passive investment with zero landlord responsibilities, delivering consistent “mailbox money.” Proximity to public transit networks, major retail corridors, and dense residential demographics enhances the property’s long-term value in one of the most competitive healthcare markets in the U.S. Anchored in an area with over 200,000 residents within one mile and more than one million residents within three miles, demand for dental and healthcare services ensures ongoing strength.

FOR SALE DETAILS

PRICE

$2,148,000 USD

PRICE/SF

$1,817 USD /SF

CAP RATE

4.75%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

185,140 SF

STORIES

20

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R10, Manhattan (R5)

APN/PARCEL ID

0868-1210,0868-1211,0868-1220,0868-1223,0868-1227,0868-1250,0868-1251,0868-1264,0868-1273,0868-1274,0868-1286,0868-1291,0868-1300,0868-1307,0868-1311,0868-1315,0868-1320,0868-1324,0868-1328,0868-1329,0868-1335,0868-1338,0868-1347,0868-1368,0868-1384,0868-1392,0868-1395,0868-1409,0868-1412,0868-1415,0868-1422,0868-1428

ASK ABOUT THIS PROPERTY

Davy TurnerStream Capital PartnersMore Info
310-433-5945

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Davy TurnerStream Capital PartnersMore Info
310-433-5945

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