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400-416 E 56th St
New York, NY 10022 Sutton Place

$3,595,000 USD

Apartments Condo For Sale  •  4,880 SF

Property Details

  • Property Type Apartments
  • Total Building Size 788,706 SF
  • Lot Size 1.07 AC
  • Building Class B
  • Year Built 1969
  • Zoning R10,Manhattan,(D4)
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Grnd Floor - Unit 401 Medical 4,880 SF $3,595,000 USD
  • Unit Size: 4,880 SF
  • Condo Use: Medical
  • Price: $3,595,000 USD
  • Sale Type: Investment
  • Price/SF: $736.68 USD
Description
First Pioneer Realty presents a rare opportunity to acquire a fully built-out medical/retail condominium located at 401 East 55th Street in Manhattan’s renowned Sutton Place neighborhood. This 4,880-square-foot ground floor space offers exceptional functionality for healthcare providers, wellness centers, and specialty practices, while also being adaptable for high-visibility retail operations. The expansive floor plan incorporates 15 exam rooms, three private restrooms, a nuclear cardiology lab, and a welcoming reception area, ensuring a turn-key solution for medical use.

Sale Notes
4,880 SF Ground floor corner unit built medical with retail exposure.
Co-op unit.
Can also be converted to residential.

Description 

The property is situated at the northeast corner of 1st Avenue and East 55th Street in Manhattan. It is near the 59th Street Bridge and Roosevelt Island Tram, with access to subway and bus lines.

Highlights

Ground floor retail/medical space with open plaza and strong street presence
Built out with 15 exam rooms, three restrooms, and a reception area
Equipped with a nuclear cardiology laboratory for specialized care
ADA-compliant entry with tenant-controlled HVAC and direct electric meter
Located in Sutton Place, near 59th Street Bridge and major transit links
High-speed internet connectivity suitable for modern business operations

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Concierge
  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Heating
  • Doorman
  • Grill
  • Package Service
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Elevator
  • Lounge
  • Online Services
  • Freezer
  • Office
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
4 min 18 min 1.0 mi
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)) 5 min - 1.5 mi
Transit/SubwayDriveWalkDistance
Lexington Avenue-53 Street (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 3 min 11 min 0.5 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 11 min 0.6 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
Lexington Avenue-63 Street (F - New York MTA Subway (The Subway)) 4 min 14 min 0.7 mi
AirportDriveWalkDistance
LaGuardia 18 min - 6.9 mi
Newark Liberty International 27 min - 16.0 mi
John F Kennedy International 30 min - 16.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Rudy Dedominicis 917-566-9359 First Pioneer Properties
Rudy Dedominicis 917-566-9359 First Pioneer Properties