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184-188 E 70th St - Trafalgar House 2,500 SF Office/Medical Condo Unit Offered at $1,875,000 in New York, NY 10021
Investment Highlights
- Prime Lenox Hill location in the heart of the Upper East Side medical corridor
- Built with reception area and dedicated waiting room for patient flow
- Separate commercial entrance and dedicated elevator for office users
- Approximately 2,500 SF medical office with 17 rooms and 3 bathrooms
- Previously occupied by NYU Langone medical practice
Executive Summary
TRAFALGAR HOUSE | PRIME UPPER EAST SIDE OFFICE CONDO FOR SALE East 70th Street between Lexington Ave and Third Ave (Lenox Hill) Located in the heart of Manhattan’s premier medical corridor, close to Lenox Hill Hospital, Weill Cornell Medicine, Hospital for Special Surgery, and Memorial Sloan Kettering Cancer Center. Ideal for owner-users and investors: approximately 2,500 SF configured into 17 total rooms, 3 bathrooms, plus a reception and waiting room. Previously occupied by NYU Langone. Flexible for medical, wellness, professional services, or general office use. Features a separate office entrance from the residential tenants and a dedicated elevator serving the office component. Potential high cap rate for investors and strong leasing demand in a supply-constrained Upper East Side location. Asking Price: $2,250,000 Real Estate Taxes: $15,250/year Common Charges: $5,351/month Highlights Approx. 2,500 SF 17 rooms, 3 bathrooms, plus reception + waiting room Prior tenant: NYU Langone Separate office entrance + dedicated office elevator Prime Upper East Side location near major medical institutions and transit Potential high cap rate for investors
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
East 70th Street between Lexington Ave and Third Ave (Lenox Hill)
Located in the heart of Manhattan’s premier medical corridor, close to Lenox Hill Hospital, Weill Cornell Medicine, Hospital for Special Surgery, and Memorial Sloan Kettering Cancer Center.
Ideal for owner-users and investors: approximately 2,500 SF configured into 17 total rooms, 3 bathrooms, plus a reception and waiting room. Previously occupied by NYU Langone. Flexible for medical, wellness, professional services, or general office use. Features a separate office entrance from the residential tenants and a dedicated elevator serving the office component. Potential high cap rate for investors and strong leasing demand in a supply-constrained Upper East Side location.
Real Estate Taxes: $15,250/year
Common Charges: $5,351/month
Highlights
Approx. 2,500 SF
17 rooms, 3 bathrooms, plus reception + waiting room
Prior tenant: NYU Langone
Separate office entrance + dedicated office elevator
Prime Upper East Side location near major medical institutions and transit
Potential high cap rate for investors
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit C4 | 2,500 SF | Office/Medical | $1,875,000 ($750.00/SF) | - |
Unit C4
| Unit Size |
| 2,500 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,875,000 ($750.00/SF) |
| NOI |
| - |
Unit C4
| Unit Size | 2,500 SF |
| Condo Use | Office/Medical |
| Price | $1,875,000 ($750.00/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
|
TRAFALGAR HOUSE | PRIME UPPER EAST SIDE OFFICE CONDO FOR SALE East 70th Street between Lexington Ave and Third Ave (Lenox Hill) Located in the heart of Manhattan’s premier medical corridor, close to Lenox Hill Hospital, Weill Cornell Medicine, Hospital for Special Surgery, and Memorial Sloan Kettering Cancer Center. Ideal for owner-users and investors: approximately 2,500 SF configured into 17 total rooms, 3 bathrooms, plus a reception and waiting room. Previously occupied by NYU Langone. Flexible for medical, wellness, professional services, or general office use. Features a separate office entrance from the residential tenants and a dedicated elevator serving the office component. Potential high cap rate for investors and strong leasing demand in a supply-constrained Upper East Side location. |
|
| Sale Notes | |
|
Asking Price: $1,875,000 Real Estate Taxes: $15,250/year Common Charges: $5,351/month Highlights Approx. 2,500 SF 17 rooms, 3 bathrooms, plus reception + waiting room Prior tenant: NYU Langone Separate office entrance + dedicated office elevator Prime Upper East Side location near major medical institutions and transit Potential high cap rate for investors |
Property Facts
| Total Building Size | 228,100 SF | Floors | 32 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 7,000 SF |
| Property Subtype | Apartment | Year Built | 1986 |
| Building Class | B | Lot Size | 0.17 AC |
| Zoning | R0 - Special Condominium Billing Lot (R0) | ||
| Total Building Size | 228,100 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 32 |
| Typical Floor Size | 7,000 SF |
| Year Built | 1986 |
| Lot Size | 0.17 AC |
| Zoning | R0 - Special Condominium Billing Lot (R0) |
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Concierge
- Fitness Center
- Property Manager on Site
- Security System
- Video Patrol
- Wheelchair Accessible
- On-Site Retail
- Elevator
- Multi Use Room
- Public Transportation
- Fiber Optic Internet
- Smoke Detector
- Awning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 97 | - | - |
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| D Cleaners |
-
|
November 2030
|
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Contact the Sale Advisor
184-188 E 70th St - Trafalgar House