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1199 Park Ave 1,300 SF Office/Medical Condo Unit Offered at $400,000 in New York, NY 10128
Investment Highlights
- Prime Carnegie Hill location near Museum Mile and Central Park.
- Surrounded by prestigious schools, cultural institutions, and affluent clientele.
- Steps from Q train and Crosstown bus; easy access to FDR Drive.
- Fully built-out medical office with reception, consult rooms, and lab.
Executive Summary
Positioned in the heart of Carnegie Hill, one of Manhattan’s most prestigious neighborhoods, this ground-floor medical office at 1199 Park Avenue offers an exceptional opportunity for healthcare professionals or investors seeking a prime Upper East Side location. Surrounded by historic architecture, elegant brownstones, and cultural landmarks like the Guggenheim and Cooper Hewitt Museum, the property combines convenience with prestige. The space spans approximately 1,300 square feet and is thoughtfully configured for medical use, featuring a welcoming reception and waiting area, two large consultation offices, four exam rooms, an administrative office, a lab, and two lavatories. Multiple windows provide natural light throughout, creating a comfortable environment for patients and staff.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
- Sizeable Reception and Waiting Area
- Two Large Consult Offices
- Four Exam Rooms
- Admin Office
- Lab and two Lavatories
- Flip Tax 2% of Total Purchase Price
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1-F | 1,300 SF | Office/Medical | $400,000 ($307.69/SF) | - |
Unit 1-F
| Unit Size |
| 1,300 SF |
| Condo Use |
| Office/Medical |
| Price |
| $400,000 ($307.69/SF) |
| NOI |
| - |
Unit 1-F
| Unit Size | 1,300 SF |
| Condo Use | Office/Medical |
| Price | $400,000 ($307.69/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| - Fully functional medical office currently in use<br> - Sizeable Reception and Waiting Area<br> - Two Large Consult Offices<br> - Four Exam Rooms<br> - Admin Office <br> - Lab and two Lavatories</li></ul> | |
| Sale Notes | |
| - Maintenance $4,271/month<br> - Flip Tax 2% of Total Purchase Price</li></ul> |
Property Facts
| Total Building Size | 210,988 SF | Floors | 19 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 11,104 SF |
| Property Subtype | Apartment | Year Built | 1961 |
| Building Class | C | Lot Size | 0.40 AC |
| Zoning | R10, R&8, PI - Elevator Apartments - Cooperatives (Other Than Condominiums) ( D4 ) | ||
| Total Building Size | 210,988 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 19 |
| Typical Floor Size | 11,104 SF |
| Year Built | 1961 |
| Lot Size | 0.40 AC |
| Zoning | R10, R&8, PI - Elevator Apartments - Cooperatives (Other Than Condominiums) ( D4 ) |
Amenities
Site Amenities
- Laundry Facilities
- Doorman
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 44 | - | - |
Presented by
1199 Park Ave
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