List Search

55 E 87th St
New York, NY 10128 Carnegie Hill

$1,128,500 USD

Apartments Condo For Sale  •  2,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 156,729 SF
  • Lot Size 0.41 AC
  • Building Class C
  • Year Built 1963
  • Zoning R8B
100 Transit Score
99 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1C Medical Office 2,000 SF $1,128,500 USD
  • Unit Size: 2,000 SF
  • Condo Use: Medical Office
  • Price: $1,128,500 USD
  • Sale Type: Owner User
  • Price/SF: $564.25 USD
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.

Amenities

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

Public Transportation

Commuter RailDriveWalkDistance
Grand Central (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road) 6 min - 2.4 mi
Harlem-125Th Street Station (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)) 6 min - 2.4 mi
Transit/SubwayDriveWalkDistance
86 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)) 1 min 3 min 0.2 mi
86 St (Broadway Express - MTA New York City Transit, Broadway Local - MTA New York City Transit) 2 min 8 min 0.4 mi
96 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
77 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 3 min 12 min 0.7 mi
96 St (Broadway Express - MTA New York City Transit, Broadway Local - MTA New York City Transit) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Laguardia 17 min - 8.0 mi
Newark Liberty International 26 min - 16.7 mi
John F Kennedy International 31 min - 19.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Morris Nejat 917-287-6229 Dr Morris Nejat
Morris Nejat 917-287-6229 Dr Morris Nejat