168 E. 80th St Space
- Usage: Medical,Office,Retail
- Type: Sale
- Floor: —
- Size: 12,797 SQFT
- Price: $10,750,000
- Term: —
168 East 80th Street stands as a distinguished example of contemporary design and functional elegance on Manhattan's Upper East Side. This newly completed, six-story medical office building encompasses 12,800 square feet of premium commercial space, offering six full-floor units tailored for medical professionals, office users, and savvy investors looking for a standout asset in a coveted location.
Highlights:
- Contemporary Design and Structure: Featuring a sleek, structural steel frame, this newly built property boasts column-free interiors with high ceilings ranging from 9’6” to 11’, enhancing the flexibility and spaciousness of each unit.
- Accessibility at Its Best: Equipped with a stretcher-compliant passenger elevator serving all six floors, the building is designed to cater to the needs of medical and professional tenants, ensuring ease of access and compliance.
- Strategic Location: Positioned between Lexington and Third Avenues within New York’s famed “Medical Mile,” the property benefits from proximity to major hospitals and institutions like Lenox Hill, Mount Sinai, and Weill Cornell, making it ideal for healthcare-related uses.
- Exceptional Connectivity: Close to key subway lines (4, 5, 6, and Q) and bus routes, the location provides effortless access to Midtown and other significant city hubs, enhancing convenience for clients and staff alike.
- Flexible Zoning for Diverse Uses: The versatile zoning accommodates residential, community facilities, and various professional uses, making it a flexible choice for medical offices, educational facilities, or corporate headquarters.
- Unique Outdoor Spaces: Select floors feature outdoor areas, offering tenants the rare opportunity to enjoy open air and city views—a sought-after amenity in this bustling neighborhood.
Property Overview:
- Total Area: Approximately 12,800 SF across six stories, with each floor ranging between 2,000 and 2,200 SF.
- Recently Completed: The modern construction ensures efficiency and low maintenance, with features that meet today’s commercial standards.
- Interior Layout: The column-free design, combined with high ceilings and expansive windows, floods the space with natural light, creating a bright and inviting environment ideal for any professional setting.
- Current Leasing Status: With just 3% of the space leased, this property is a prime opportunity for owner-users or investors looking to fill nearly turnkey spaces with high-quality tenants.
- Investment Appeal: Priced attractively at $10,750,000 ($840 per SF), 168 East 80th Street offers excellent value within one of New York City’s most desirable commercial submarkets.
Investment Opportunities:
- Prime Growth Area: Amidst a landscape of new developments and increasing residential density, this building is positioned to benefit from the Upper East Side’s ongoing evolution.
- Ideal for Immediate Use: The property is ready for occupancy by medical or office tenants, making it a practical choice for businesses seeking new, modern space without the wait.
- Versatility in Use: The building’s zoning allows for varied applications, from medical offices and educational centers to consulates and other specialized facilities, catering to a broad market of potential tenants.
Explore the potential of 168 East 80th Street and seize the chance to own a versatile, high-quality asset in one of Manhattan’s most prominent neighborhoods. Schedule your visit today!
168 E. 80th St, New York, NY 10075