Co-op, 1070 PARK Avenue #1D, Upper East Side-Carnegie Hill

Description

Extraordinary opportunity to purchase a sizeable professional space for the incredibly low price of $375,000 with monthly maintenance of $6,603 (so just over $6.60 per sq ft per month). At approximately 1,000 square feet, Unit 1D asks the LOWEST price for any multi-room space on the entire Upper East Side, much less on exclusive Park Avenue!

1070 Park Avenue is one of the most sought after buildings in Carnegie Hill, a Landmarked Historic District recognized for its bucolic setting, attractive townhouses, elegant low-rise buildings, museums, and shops, proximity to beautiful Central Park Central Park and its unique sense of place. Located on the corner of 88th Street and Park Avenue, 1070 Park is the ideal spot for any professional practice, be it medical, legal, accounting, or business. With so much room, this could easily be home to a very special art gallery.

The space has been owned by a highly regarded and successful Columbia psychiatrist in New York for decades. Other practices one will find in this area and on the Upper East Side in general are those of other psychiatrists, therapists, plastic surgeons, dermatologists, dentists, and more. At this price, the shared or solo cost of purchasing and carrying this desirable space is far below that of renting commercial or residential space. Further, ownership gives one far more latitude for construction, use, and configuration to suit one's unique needs than does renting at the same time insulated the owner from the vicissitudes of the currently sky high rental market.

Unit 1D is prime real estate for medical, professional, or other commercial use (subject to Board approval.) Either on one's own or for a larger group, this is genuinely affordable, elegant, and ideally located space is a gem. Currently configured as two large offices, a large waiting area, a kitchen, and a bath with shower. The layout could easily altered to accommodate any practice. As reflected in the price, the unit needs updating; creating a special opportunity to make it one's own.

1070 Park is a full-service, white-glove building with a live-in super and gracious, friendly full-time staff, including a doorperson and porters. Two blocks from the 4/5/6 train. 50% financing is permitted.

Note can be converted to residential use.

Come see this unique and valuable offering soon! Listing courtesy of Brown Harris Stevens Residential Sales LLC ...
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