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203 E 109th St - VACANT DOC OFFICE / DEVELOPEMNT SITE 1,809 SF Health Care Building Offered at $2,173,041 CAD at a 6.50% Cap Rate in New York, NY 10029
Investment Highlights
- VACANT
- DOCTORS OFFICE SET UP
- FULLY GUT RENOVATED
Executive Summary
No Cap Ex Needed for this VACANT Move-in-Ready 7 office Room | 2 bathroom Medical Office
Video: https://www.youtube.com/watch?v=uEh9ckcm_T4
Zoning districts R7A, R9, C2-5 Special district East Harlem Corridors District (EHC)
Video: https://www.youtube.com/watch?v=uEh9ckcm_T4
Zoning districts R7A, R9, C2-5 Special district East Harlem Corridors District (EHC)
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$163,080
|
$90.15
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$163,080
|
$90.15
|
| Taxes |
$21,667
|
$11.98
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$21,667
|
$11.98
|
| Net Operating Income |
$141,413
|
$78.17
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $163,080 |
| Annual Per SF | $90.15 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $163,080 |
| Annual Per SF | $90.15 |
| Taxes (CAD) | |
|---|---|
| Annual | $21,667 |
| Annual Per SF | $11.98 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $21,667 |
| Annual Per SF | $11.98 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $141,413 |
| Annual Per SF | $78.17 |
Property Facts
| Price | $2,173,041 CAD | Lot Size | 0.04 AC |
| Price Per Bed | $310,434 CAD | Building Size | 1,809 SF |
| Sale Type | Investment or Owner User | No. Beds | 7 |
| Cap Rate | 6.50% | No. Stories | 1 |
| Sale Condition | High Vacancy Property | Year Built/Renovated | 1979/2020 |
| Property Type | Health Care | Opportunity Zone |
Yes
|
| Property Subtype | Hospital | ||
| Zoning | R7A, R9, C2-5, EHC - R7A, R9, C2-5, EHC | ||
| Price | $2,173,041 CAD |
| Price Per Bed | $310,434 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.50% |
| Sale Condition | High Vacancy Property |
| Property Type | Health Care |
| Property Subtype | Hospital |
| Lot Size | 0.04 AC |
| Building Size | 1,809 SF |
| No. Beds | 7 |
| No. Stories | 1 |
| Year Built/Renovated | 1979/2020 |
| Opportunity Zone |
Yes |
| Zoning | R7A, R9, C2-5, EHC - R7A, R9, C2-5, EHC |
Amenities
- Wheelchair Accessible
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
Property Taxes
| Parcel Number | 1659-0105 | Total Assessment | $200,893 CAD (2025) |
| Land Assessment | $36,615 CAD (2025) | Annual Taxes | $21,667 CAD ($11.98 CAD/SF) |
| Improvements Assessment | $164,278 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
1659-0105
Land Assessment
$36,615 CAD (2025)
Improvements Assessment
$164,278 CAD (2025)
Total Assessment
$200,893 CAD (2025)
Annual Taxes
$21,667 CAD ($11.98 CAD/SF)
Tax Year
2026
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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203 E 109th St - VACANT DOC OFFICE / DEVELOPEMNT SITE
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