418 East 71st Street - Medical Office

For Sale

418 East 71st Street, New York, NY 10021

This New York property for sale is located at 418 East 71st Street. The general use of 418 East 71st Street - Medical Office is office and it incorporates 12,625 square feet of class B office space. The current listed sale price for 418 East 71st Street - Medical Office is $9,100,000. 418 East 71st Street - Medical Office is situated on a lot that is 0.06 acre in size.

Contacts

broker

Thomas Gammino

Lee & Associates - New York

(212) 776-1206

Property Details

  • Property Type Office - Medical Office
  • Property Size 12,625 SF
  • Lot Size 0.06 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Date Updated Mar 19, 2024
418 East 71st Street is a 7-story, 12,625 square foot elevatored medical office building consisting of 7 floor-through units adjacent the Upper East Side's Bedpan Alley which houses New York-Presbyterian, Weill Cornell, Memorial Sloan Kettering, the Hospital for Special Surgery, and their affiliates. Each full-floor unit comes complete with their own separate hot water heater and an individual HVAC unit which is desired by tenants. Each unit has been renovated within the past 4-7 years. Additional features include 2 terraces, 9ft ceilings throughout, and a re-imagined lobby that was renovated within the last 4 years. The average remaining lease term for the property's tenants is 4.8 years. 418 East 71st Street presents incredible opportunity to 1031 buyers and investors, given its strong cashflow, stable tenancy, and unmatched location for medical tenants.

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Highlights

  • OSHA Approved
  • Elevator
  • 2,488 SF of Available Air Rights

Attachments

Getting around

  • 98/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 85/100

    Bike Score ®

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Location

  • City New York, NY
  • Neighborhood Lenox Hill
  • Zip Code 10021
  • Market Manhattan

Points of Interest

  • 72nd Street & 2nd Avenue at Southeast Corner

    0.21 miles

  • 72nd Street

    0.22 miles

  • 72nd Street & 2nd Avenue at Northwest Corner

    0.23 miles

  • East 68th Street & Lexington Avenue at Southeast Corner

    0.45 miles

  • East 68th Street & Lexington Avenue at Northeast Corner

    0.45 miles

  • 68th Street–Hunter College

    0.46 miles

  • East 68th Street & Lexington Avenue at Northwest Corner

    0.47 miles

  • East 68th Street & Lexington Avenue at Southwest Corner

    0.47 miles

  • 63rd Street & 3rd Avenue at Northeast Corner

    0.50 miles

  • 63rd Street & 3rd Avenue at Northwest Corner

    0.52 miles

  • ChargePoint

    0.47 miles

  • ChargePoint

    0.74 miles

  • ChargePoint

    0.81 miles

  • plugNYC

    0.87 miles

  • ChargePoint

    1.04 miles

  • Shell

    1.05 miles

  • BP

    1.05 miles

  • Citgo

    1.07 miles

  • Atlantic

    1.08 miles

  • Sunoco

    1.15 miles

  • Surrey Garage

    0.34 miles

  • iClean

    0.39 miles

  • Motorgate Public Parking Garage

    0.49 miles

  • Metropolitan Museum

    0.90 miles

  • Quik Park

    0.97 miles

  • Central Parking

    0.98 miles

  • Alpha Garage

    1.09 miles

  • Knickerbocker Plaza Car Park

    1.10 miles

  • 20th Century Garage

    1.16 miles

  • Astor Terrace Parking Garage

    1.19 miles

  • The Gardens Sonesta ES Suites New York

    0.43 miles

  • The Bentley Hotel

    0.46 miles

  • The Palladin

    0.49 miles

  • The Carlyle

    0.67 miles

  • Plaza Athénée

    0.67 miles

  • The Surrey

    0.70 miles

  • Graduate Roosevelt Island

    0.71 miles

  • The Mark

    0.73 miles

  • AKA Sutton Place

    0.77 miles

  • Fitzpatrick

    0.82 miles

  • Morton Williams

    0.08 miles

  • Gristedes

    0.28 miles

  • Gristedes

    0.31 miles

  • A Matter of Health

    0.31 miles

  • Target

    0.33 miles

  • Morton Williams

    0.34 miles

  • The Food Emporium

    0.35 miles

  • Nordstrom Local

    0.36 miles

  • Health Nuts Store

    0.42 miles

  • D'Agostino

    0.46 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Thomas Gammino

Lee & Associates - New York

(212) 776-1206