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214 E 70th St
New York, NY 10021 Lenox Hill

$565,000 USD

Medical Condo For Sale  •  600 SF

Property Details

  • Property Type Medical
  • Total Building Size 7,000 SF
  • Lot Size 0.07 AC
  • Building Class B
  • Year Built 1940
  • Cap Rate 5.37 %
  • Tenancy Multiple
  • Zoning R8B
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit B2 Medical 600 SF $565,000 USD
  • Unit Size: 600 SF
  • Condo Use: Medical
  • Price: $565,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $941.67 USD
Description
Property Taxes: $12,077.00 per year | $1,006.41 per month
Common charges: $5,588.76 per year | $465.73 per month
Revenue:
Rent: $48,000 annually | $4,000 per month 
Annual Expenses:
Utilities: Paid by Tenant 
Common charges: $5,588.76
Real Estate tax:    $12,077.00
Total Expenses:  $17,665.76
Net Operating Income: $30,334.24
Asking: $565,000 is a 5 ½ % Cap

Sale Notes
Ground floor professional space, 28' wide Prewar Condo Townhouse built in the 1920's. The space has Central Air-Conditioning/Heat,
Fabulous UES location near Third Avenue. Super close to the 68th St 6 train and the Second Ave Q subways. Not to be missed!

Description 

214 EAST 70TH STREET | UNIT B2
PRIME UPPER EAST SIDE MEDICAL / PROFESSIONAL OFFICE CONDO FOR SALE
A rare opportunity to own a beautifully renovated professional office in the heart of Manhattan’s Upper East Side. Located on a picturesque, tree-lined block between Second and Third Avenues. Unit B2 offers a flexible and inviting layout ideal for a variety of professional or medical users.
Currently configured as a therapist’s office, the space features a reception/waiting area, two private rooms, excellent natural light and garden views. A private entrance from the building lobby and 24-hour access provide both convenience and privacy. 

PROPERTY HIGHLIGHTS
* Approximately 600 SF
* Medical / professional office
* Beautifully renovated
* Reception / waiting area
* Two private rooms
* Large windows with garden views
* Excellent natural light
* Private entrance from building lobby
* 24-hour access
* Ideal for an owner-user or investor
* Convenient to New York-Presbyterian, Weill Cornell and Memorial Sloan Kettering
* Near the Q train at 72nd Street and 6 train at 68th Street
For more information or a tour call Tom (516) 754-8298

Highlights

Conveniently located near NYP, Cornell and MSK hospitals.
Private entrance off the lobby.

Property Flyers

Cap Rate: 5.37 %

Amenities

  • 24 Hour Access
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 6 min - 1.8 mi
33 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 9 min - 2.8 mi
Transit/SubwayDriveWalkDistance
68 Street-Hunter College (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 3 min 5 min 0.2 mi
Lexington Avenue-63 Street (F - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
77 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
Lexington Avenue-59 Street (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 11 min 0.6 mi
59 Street (4,5,6 Line) (4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 3 min 13 min 0.7 mi
AirportDriveWalkDistance
LaGuardia 17 min - 6.8 mi
Newark Liberty International 29 min - 16.4 mi
John F Kennedy International 30 min - 16.7 mi
Danielle Lundberg 917-279-6600 Douglas Elliman
Danielle Lundberg 917-279-6600 Douglas Elliman