345 E 37th St | New York, NY 10016
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345 E 37th St
New York, NY 10016
Multifamily For Sale · Multifamily Property For Sale
Property Facts
| Price | Not Individually For Sale | Building Class | A |
| Property Type | Multifamily | Lot Size | 1.86 AC |
| Property Subtype | Apartment |
| Price | Not Individually For Sale |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | A |
| Lot Size | 1.86 AC |
Executive Summary
This property represents the residential condos and medical office condos at 345 E 37th Street, New York, New York.
The Corinthian Office Condominiums is a three-story, 32-unit medical office condominium building at the base of the 57-story Corinthian luxury residential tower in Midtown East. The property is strategically located on East 37th Street between First and Second avenues and adjacent to the First Avenue medical corridor, known as "Medical Mile."
A magnificent lobby featuring marble and wood accents and soaring ceiling heights greet visitors entering the building. Property amenities include a health club, fitness center, 56-foot lap pool, yoga studio, sauna, steam room, business center, and daily and monthly access to a privately managed parking garage. There's also a freight entrance and loading dock located on the 38th Street side of the building. Additionally, benefit from institutional property management with professionally trained building managers, mechanical engineers, security guards, porters, and cleaning crews for a worry-free investment.
Newly renovated common corridors lead to the office suites, some offering private street-level access with signage opportunities and outdoor terraces. Suites contain the necessary infrastructure for medical offices, including multiple plumbing risers and ample electrical capacity served via individual distribution panels. Steam-fed heat pumps provide heating, and units are cooled via water source heat pumps. Enjoy low common area charges and real estate taxes. This is an opportunity for business owners to lock in occupancy costs or investors to capitalize on predictable income from long-term medical tenants at attractive cap rates.
Centrally located, The Corinthian Office Condominiums sits directly adjacent to the world-class NYU Langone Medical Center campus and is surrounded by more than a dozen hospitals, medical schools, research centers, and health-related not-for-profit institutions. The property is also adjacent to the Queens Midtown Tunnel and a short walk from Grand Central Terminal, offering easy access to work for commuting professionals.
The Corinthian Office Condominiums is a three-story, 32-unit medical office condominium building at the base of the 57-story Corinthian luxury residential tower in Midtown East. The property is strategically located on East 37th Street between First and Second avenues and adjacent to the First Avenue medical corridor, known as "Medical Mile."
A magnificent lobby featuring marble and wood accents and soaring ceiling heights greet visitors entering the building. Property amenities include a health club, fitness center, 56-foot lap pool, yoga studio, sauna, steam room, business center, and daily and monthly access to a privately managed parking garage. There's also a freight entrance and loading dock located on the 38th Street side of the building. Additionally, benefit from institutional property management with professionally trained building managers, mechanical engineers, security guards, porters, and cleaning crews for a worry-free investment.
Newly renovated common corridors lead to the office suites, some offering private street-level access with signage opportunities and outdoor terraces. Suites contain the necessary infrastructure for medical offices, including multiple plumbing risers and ample electrical capacity served via individual distribution panels. Steam-fed heat pumps provide heating, and units are cooled via water source heat pumps. Enjoy low common area charges and real estate taxes. This is an opportunity for business owners to lock in occupancy costs or investors to capitalize on predictable income from long-term medical tenants at attractive cap rates.
Centrally located, The Corinthian Office Condominiums sits directly adjacent to the world-class NYU Langone Medical Center campus and is surrounded by more than a dozen hospitals, medical schools, research centers, and health-related not-for-profit institutions. The property is also adjacent to the Queens Midtown Tunnel and a short walk from Grand Central Terminal, offering easy access to work for commuting professionals.
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