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1070 Park Ave 1,000 SF Retail Condo Unit Offered at $375,000 in New York, NY 10128
PROPERTY FACTS Under Contract
| Total Building Size | 180,618 SF | Floors | 15 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 6,656 SF |
| Property Subtype | Apartment | Year Built | 1928 |
| Building Class | B | Lot Size | 0.34 AC |
| Zoning | R10 - Residential - Commercial | ||
| Total Building Size | 180,618 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 15 |
| Typical Floor Size | 6,656 SF |
| Year Built | 1928 |
| Lot Size | 0.34 AC |
| Zoning | R10 - Residential - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
SITE AMENITIES
- Fitness Center
- Laundry Facilities
- Basketball Court
- Doorman
- Bicycle Storage
- Elevator
1 UNIT AVAILABLE
Unit 1
| Unit Size | 1,000 SF | Condo Use | Retail |
| Price | $375,000 | Sale Type | Owner User |
| Price Per SF | $375.00 | Sale Status | Under Contract |
| Unit Size | 1,000 SF |
| Price | $375,000 |
| Price Per SF | $375.00 |
| Condo Use | Retail |
| Sale Type | Owner User |
| Sale Status | Under Contract |
DESCRIPTION
Located on Park Avenue (Carnegie Hill) this spacious 2 bedroom unit has a lot to offer. From space to location, needs TLC , sold as is.
Built in 1930 and designed by prominent architectural firm Schwartz and Gross, 1070 Park Avenue is a white-glove cooperative building with a full-time doorman, live-in super, fitness room, basketball court, private storage, bike room and common laundry room. Pets and 50% financing are permitted. There is a 2% flip tax paid by the Purchaser.
In 50 Years a psychiatrist office on Park Avenue is for sale.
Luxury space of 1100 square feet – have your very own “professional office” space or subdivided with a few professional colleagues.
This space has two points of access, one from the side entrance and very private – and other from the front door – where you’re greeted by the friendly doorman and staff. This full service cooperative building is located between East 87th Street and East 88th Street in the heart of Carnegie Hill.
1070 Park Avenue, 1D is near to excellent transportation options, such as the 4, 5, 6 & Q subway lines and UES bus routes and is proximate to Central Park, Mount Sinai Hospital, Lenox Hill Hospital, easy access to all shopping, and restaurants.
SALE NOTES
Extraordinary opportunity to purchase a sizeable professional space for the incredibly low price of $375,000 with monthly maintenance of $6,603 (so just over $6.60 per sq ft per month). At approximately 1,000 square feet, Unit 1D asks the LOWEST price for any multi-room space on the entire Upper East Side, much less on exclusive Park Avenue!
1070 Park Avenue is one of the most sought after buildings in Carnegie Hill, a Landmarked Historic District recognized for its bucolic setting, attractive townhouses, elegant low-rise buildings, museums, and shops, proximity to beautiful Central Park Central Park and its unique sense of place. Located on the corner of 88th Street and Park Avenue, 1070 Park is the ideal spot for any professional practice, be it medical, legal, accounting, or business. With so much room, this could easily be home to a very special art gallery.
The space has been owned by a highly regarded and successful Columbia psychiatrist in New York for decades. Other practices one will find in this area and on the Upper East Side in general are those of other psychiatrists, therapists, plastic surgeons, dermatologists, dentists, and more. At this price, the shared or solo cost of purchasing and carrying this desirable space is far below that of renting commercial or residential space. Further, ownership gives one far more latitude for construction, use, and configuration to suit one's unique needs than does renting at the same time insulated the owner from the vicissitudes of the currently sky high rental market.
Unit 1D is prime real estate for medical, professional, or other commercial use (subject to Board approval.) Either on one's own or for a larger group, this is genuinely affordable, elegant, and ideally located space is a gem. Currently configured as two large offices, a large waiting area, a kitchen, and a bath with shower. The layout could easily altered to accommodate any practice. As reflected in the price, the unit needs updating; creating a special opportunity to make it one's own.
1070 Park is a full-service, white-glove building with a live-in super and gracious, friendly full-time staff, including a doorperson and porters. Two blocks from the 4/5/6 train. 50% financing is permitted.
Note can be converted to residential use.
Come see this unique and valuable offering soon!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 73 | - | - |
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1070 Park Ave
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