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345 W 58th St - Coliseum Park Apartments 2,243 SF Office/Medical Condo Unit Offered at $2,300,000 in New York, NY 10019
Investment Highlights
- Prestigious Upper West Side location near Columbus Circle and Central Park.
- Surrounded by cultural landmarks, luxury shopping, and fine dining.
- Easy access to multiple subway lines and major transit options.
Executive Summary
The recently renovated unit is composed of 3 separate, adjacent suites totaling 2243sf. The property has undergone a high-end renovation, including new windows, floors, and painting/plastering. This meticulous attention to detail has elevated the overall aesthetic. The office has previously been used as a medical office space but can be used as any office space and is ready for immediate occupancy. Suite 1 is 1549sf and includes includes two private offices, two separate bathrooms, an X-ray room, three exam rooms, a dedicated secretary area and welcoming waiting room enhance operational convenience and patient experience. Adjacent Suite 2 is 430sf and includes three private rooms and a dedicated restroom with a recent high end renovation. This suite is currently being rented out at $3300/month, and the tenant could be kept generating additional revenue or captured as part of the primary office. Adjacent Suite 3 is 264sf with a meticulous high end renovation. It includes 2 private offices and a dedicated restroom. It's currently used as administrative offices for the above offices. The entire unit of 2243 sf is being sold together; however, I might consider not selling the 430-sf space with the long-term tenant if your client wasn't interested in this space. Yet, for most buyers it's a built-in way to offset their mortgage. The space is being offered for $2.3 million.
Property Facts
| Total Building Size | 493,945 SF | Floors | 14 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 34,499 SF |
| Property Subtype | Apartment | Year Built | 1957 |
| Building Class | B | Lot Size | 2.98 AC |
| Zoning | R8 - High density residential district | ||
| Total Building Size | 493,945 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 14 |
| Typical Floor Size | 34,499 SF |
| Year Built | 1957 |
| Lot Size | 2.98 AC |
| Zoning | R8 - High density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Doorman
1 Unit Available
Unit 1
| Unit Size | 2,243 SF | Condo Use | Office/Medical |
| Price | $2,300,000 | Sale Type | Investment or Owner User |
| Price Per SF | $1,025.41 |
| Unit Size | 2,243 SF |
| Price | $2,300,000 |
| Price Per SF | $1,025.41 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
Description
The condo is composed of 3 separate, adjacent suites.
Suite 123: This recently updated 1,549SF medical office offers a highly functional layout designed for healthcare professionals or any other office use. The space includes two private offices, two separate bathrooms, an X-ray room, and three exam rooms, providing an efficient workflow for patient care. A dedicated secretary area and welcoming waiting room enhance operational convenience and patient experience. Recent improvements feature new flooring, new modern windows and fresh paint/plastering throughout, creating a modern and professional environment. The office has previously been used as a medical office space but can be used as any office space and is ready for immediate occupancy.
Suite 4: This recently renovated 430SF space offers a premium professional setting with modern finishes throughout. The layout includes two private rooms and a dedicated restroom, providing both comfort and functionality for a variety of uses. The property has undergone a high-end renovation, featuring upscale materials and meticulous attention to detail that elevates the overall aesthetic. The unit is currently rented out and provides income of approximately $3300/month.
Suite 6: 264SF space featuring two private offices and a dedicated restroom, this space offers exceptional privacy and functionality. The property showcases a high-end renovation with premium finishes, including elegant slate flooring throughout. The unit is currently being used as an administrative office for suite 1,2,3.
NOTE: consideration might be done for rental of suite 1,2,3,6 together at $70/sf.
Sale Notes
Total of 2243 sf. This is divided into 3 spaces: the main office is 1549sf and faces the street. It has 2 bathrooms, a large waiting room and secretarial area, an entrance foyer, 2 consultation suites, 3 exam rooms, and larger 4th room with an alcove that is leaded and was previously used as an Xray suite but can be used as anything. There's a separate administrative office measuring 264 sf which was recently renovated. It has a separate bathroom and 2 rooms. The third space is 430 sf. It was completely renovated last year. It has a separate bathroom and 2/3 rooms. It currently has a long-term tenant at approximately $3300/month rent. The entire unit of 2243 sf is being sold together; however, I might consider not selling the 430-sf space with the long-term tenant if your client wasn't interested in this space. Yet, for most buyers it's a built-in way to offset their mortgage. The space is being offered for $2.3 million.
NOTE: consideration might be done for rental of suite 1,2,3,6 together at $70/sf.
+4 More
Interior Space
Interior Office
Interior Space
Interior Hallway
Interior Office
Interior Exam Room
Interior Space
Interior Space
Interior Restroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 676 | - | - |
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345 W 58th St - Coliseum Park Apartments
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