10 Park Ave
New York, NY 10016 Murray Hill

• Unit Size: 1,800 SF
• Condo Use: Medical Office
• Price: Price Upon Request
• Sale Type: Owner User

Description

TURN-KEY MANHATTAN PROFESSIONAL PLATFORM WITH OWNED PARK AVENUE REAL ESTATE

Ten Park Avenue Unit 1H/2H presents a rare opportunity to acquire a duplex commercial condominium located along one of Manhattan’s most recognized corridors, offering approximately 1,600 square feet across ground and second levels connected by an internal staircase.

The premises have successfully supported a long-standing dental manufacturing laboratory operation generating approximately $1.2M in annual revenue, demonstrating proven commercial functionality, infrastructure capability, and efficient operational layout suitable for a wide range of professional, medical, laboratory, showroom, or owner-user applications.

Ownership is offering flexible acquisition structures designed to accommodate multiple buyer profiles, including:

• Acquisition of the commercial real estate for owner-use or investment
• Transition or acquisition of the established operating dental laboratory business
• Combined acquisition representing a fully integrated Manhattan operating platform with owned real estate

Delivered vacant or with operational continuity at purchaser’s option, the property provides immediate usability while eliminating long-term leasing exposure within a supply-constrained Midtown Manhattan location.

Opportunities combining Park Avenue ownership, existing operational infrastructure, and flexible acquisition pathways are exceptionally rare.

Sale Notes

FLEXIBLE ACQUISITION STRUCTURE & STRATEGIC VALUE POSITIONING

Ownership will consider multiple transaction structures to accommodate investor, owner-user, or strategic buyers.

Strategic Platform Acquisition (Real Estate + Operating Business):
Approximate combined value guidance: $5,000,000

Real Estate Acquisition Only:
Asking Price: $4,000,000

The premises have supported an operating enterprise producing approximately $1.2M in annual revenue, evidencing long-term commercial viability and strengthening buyer confidence in the location and layout.

Acquisition of the real estate independently provides buyers the opportunity to secure Park Avenue commercial ownership below the total integrated platform valuation while maintaining flexibility for immediate occupancy, leasing, or a new concept.

Any buyer planning a new concept benefits from Manhattan’s scarcity of comparable owner-user space: acquiring an established Park Avenue footprint avoids the time and uncertainty of sourcing, negotiating, and delivering similar space in today’s market. Renovation and reconfiguration can be tailored to the purchaser’s intended use.

Ownership welcomes qualified inquiries and will evaluate proposals within the context of this broader strategic offering.  BEST OFFERS ACCEPTED BEFORE MARCH 3, 2026.