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104-110 E 40th St - Grand Park Condominiums 1,850 SF Office/Medical Condo Unit Offered at $1,949,038 CAD in New York, NY 10016
Investment Highlights
- Quiet Space in great building at great location with excellent hardware-wiring-windows throughout--we've been really happy here for over 12 years!
Executive Summary
Great Suite of Top Floor Offices, 2 Streets from the 42nd Street Main Entrance to Grand Central Station! 5 minutes to your Metro North train seat and 3 minutes to the 4, 5, 6, 7 & S trains! The office was completely gutted and renovated including new Electrical Wiring with 240v outlets for medical devices or large capacity copiers. All offices and conference rooms were configured to be able to see the sky. 14 Desks and work stations all via custom built matching furniture, included if desired. 2 Conference Rooms can seat additional 8 employees if needed totaling capacity for a team of up to 22. Exceptional amenities include wet pantry with lots of storage & window, 2 restrooms (1 ADA compliant) both with windows, whole office surge supressor to protect your electronics devices, Cat 6 wiring for hi speed connectivity, all new LED Bulbs and Motion Detector light switches (Local Law 88 compliant installed in 2026)large storage/IT room and last, but not least, the Mitsubishi Citi HVAC system accomodates separate temperature controls for ALL offices and Each Conference Room--no one has to freeze so that another room can be comfortable!
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Cap Rate | 4.09% |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.09% |
- SELLER WILL PAY BUYER'S BROKER 3% WHEN WE CLOSE
- FIVE minutes to seat on train in Grand Central Station from office door!
- THREE minutes to 4, 5, 6, 7, & S trains!
- Super Efficient Customized Office--Furniture Included if desired
- ALL Offices and both Conference Rooms see the sky!
- All Offices and both Conference Rooms have their own Thermostats!
- 2 Restrooms, one is Americans with Disabilities Act compliant
- Wet Pantry with Window and lots of storage, refrigerator, microwave, etc.
CitiBike across from entrance and 1 block north on Park Ave.
- Gut Renovation including all new Windows, Electrical Wiring, HVAC in 2014
- Mitsubishi Citi HVAC (plus building radiator heat included in maintenance)
- Cat 6 Data wiring throughout
- Multiple 240v Outlets for Large Copiers or Medical Equipment
- Whole Office Surge Suppressor protects all equipment
- New 2026 all LED bulb replacement
New 2026 switches replaced with Motion Detector Switches/Local Law 88
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 901 | 1,850 SF | Office/Medical | $1,949,038 CAD ($1,053.53 CAD/SF) | $79,638.12 CAD |
Unit 901
| Unit Size |
| 1,850 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,949,038 CAD ($1,053.53 CAD/SF) |
| NOI |
| $79,638.12 CAD |
Unit 901
| Unit Size | 1,850 SF |
| Condo Use | Office/Medical |
| Price | $1,949,038 CAD ($1,053.53 CAD/SF) |
| NOI | $79,638.12 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.09% |
| Description | |
| <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li>SELLER WILL PAY BUYER'S BROKER 3% WHEN WE CLOSE<br> </li><li>FIVE minutes to seat on train in Grand Central Station from office door!<br> </li><li>THREE minutes to 4, 5, 6, 7, & S trains!<br> </li><li>Super Efficient Customized Office--Furniture Included if desired<br> </li><li>ALL Offices and both Conference Rooms see the sky!<br> </li><li>All Offices and both Conference Rooms have their own Thermostats!<br> </li><li>2 Restrooms, one is Americans with Disabilities Act compliant<br> </li><li>Wet Pantry with Window and lots of storage, refrigerator, microwave, etc.<br> CitiBike across from entrance and 1 block north on Park Ave.</li></ul> | |
| Sale Notes | |
| B:895 L:1024<br> <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li>Gut Renovation including all new Windows, Electrical Wiring, HVAC in 2014<br> </li><li>Mitsubishi Citi HVAC (plus building radiator heat included in maintenance)<br> </li><li>Cat 6 Data wiring throughout<br> </li><li>Multiple 240v Outlets for Large Copiers or Medical Equipment<br> </li><li>Whole Office Surge Suppressor protects all equipment<br> </li><li>New 2026 all LED bulb replacement<br> New 2026 switches replaced with Motion Detector Switches/Local Law 88</li></ul> |
Property Facts
Amenities
- 24 Hour Access
- Signage
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
- On-Site Security Staff
Presented by
DAJ 901 LLC
104-110 E 40th St - Grand Park Condominiums
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