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55 E 87th St - The Parc

2,000 SF Office/Medical Condo Unit Offered at $1,128,500 in New York, NY 10128

Property Facts

Price $1,128,500
Unit Size 2,000 SF
No. Units 1
Total Building Size 156,729 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • Office Office Residential
Sale Type Owner User
Building Class C
Floors 14
Typical Floor Size 11,195 SF
Year Built 1963
Lot Size 0.41 AC
Parking Ratio 0.36/1,000 SF

1 Unit Available

Unit 1C

Unit Size 2,000 SF
Price $1,128,500
Price Per SF $564.25
Condo Use Office/Medical
Sale Type Owner User
Description

Available for sale, 55 East 87th Street, 1C is a lobby entrance medical, or professional office space located in Carnegie Hill on the Upper East Side between Madison and Park Avenue just one block from Central Park, and three blocks from the Guggenheim Museum.

The layout of approximately 2000 square feet includes two restrooms, three closets, a storage area and kitchenette.

Currently a medical billing office, this space is adaptable to many medical, financial and pofessional specialties.

55 East 87th Street, 1C  is easily accessible by public transportation via the 4, 5, 6, and Q, train lines and UES bus routes. This suite is proximate to Lenox Hill, Mount Sinai and New York-Presbyterian hospitals.

Approx Maint: $2771.74/month
Flip Tax: 2%
Financing: 70% maximum

Owner financing is available @ 6% for 30 year term. No prepayment penalty. $4728.26 monthly results in effective rent of $45 psf.  When rates go down, refinance and lower your payments! Why rent when you can own and control your own destiny!
Balcony off of one of the offices

Sale Notes

Prime investment opportunity. Available for sale, 55 East 87th Street.

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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

Unit Amenities

  • Air Conditioning
  • Storage Space
  • Kitchen
  • Hardwood Floors
  • Carpet
  • Double Pane Windows
  • Office

Site Amenities

  • Business Center
  • Doorman

zoning

Zoning Code R8B (R8B Zoning in NYC is high density residential zoning district. This is contextual zoning which means following the Quality Housing Program Requirement)
R8B (R8B Zoning in NYC is high density residential zoning district. This is contextual zoning which means following the Quality Housing Program Requirement)
  • Listing ID: 32357004

  • Date on Market: 7/5/2024

  • Last Updated:

  • Address: 55 E 87th St, New York, NY 10128

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