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The Corinthian 345 E 37th St 2,205 SF Office/Medical Condo Unit Online Auction Sale New York, NY 10016
Investment Highlights
- The Corinthian at 345 E 37th Street offers Suite 313, a vacant 2,205-square-foot medical office condo in Manhattan's premier Medical Mile corridor.
- Visitors are welcomed by a sophisticated lobby featuring soaring ceilings and elegant marble and wood finishes, creating a strong first impression.
- Steps from NYU Medical Center, Tisch Hospital, Bellevue Hospital, and leading healthcare institutions serving Manhattan's Medical Mile.
- Move-in-ready layout features exam rooms, private offices, bathrooms, an intake office, and reception area for medical or professional users.
- Building tenants enjoy 24-hr security, private parking garage access, & a full-service health club with a 56’ lap pool, sauna, yoga studio, and more.
- Serving 1.3 million residents with an average household income of $158,341, The Corinthian offers strong demographics and convenient transit access.
Executive Summary
The Corinthian, 345 E 37th Street, presents a rare opportunity to acquire Suite 313, a vacant 2,205-square-foot medical office condominium in the heart of Manhattan's prestigious Midtown East medical corridor. Suite 313 offers move-in-ready space equipped with exam rooms, private offices, bathrooms, an intake office, and a welcoming reception area, making it ideally suited for medical, healthcare, or professional office users. Visitors are welcomed by a sophisticated lobby that features soaring ceilings and elegant marble and wood finishes, creating an impressive first impression. The building delivers an institutional-quality environment with 24-hour on-site security, a privately managed parking garage, freight access with a loading dock, and access to a premier health club featuring a fitness center, a 56-foot lap pool, a yoga studio, sauna, and a steam room. Positioned at the base of an iconic 57-story, 863-unit luxury residential tower, Suite 313 benefits from a built-in customer base while offering owner/users and investors the opportunity to establish a presence in one of Manhattan's most established healthcare and office destinations. The Corinthian's location along Manhattan's renowned Medical Mile places healthcare providers and professional tenants in immediate proximity to some of New York City's most respected institutions, including NYU Langone Medical Center, Tisch Hospital, Bellevue Hospital Center, the Alexandria Center for Life Science, the VA NY Harbor Healthcare System, and numerous medical schools, research facilities, and healthcare organizations. The property offers exceptional accessibility via Grand Central Terminal, which serves the 4, 5, 6, and 7 subway lines. Additional transit options include bus routes along First and Second Avenues, NYC Ferry service from East 34th Street, and convenient access to the Franklin D. Roosevelt East River Drive (FDR Drive) and Queens Midtown Tunnel for regional travel. LaGuardia Airport is within a 35-minute drive, further supporting business and healthcare operations. Surrounding Murray Hill amenities include dining, retail, residential, and service-oriented businesses that enhance the daily experience. One of Manhattan's most recognizable architectural landmarks, The Corinthian occupies an entire city block between East 37th and East 38th Streets and remains one of the city's premier mixed-use addresses. The distinctive curved design, luxury amenities, and exceptional connectivity create an environment where medical and professional practices can thrive. The property serves a robust population of over 1.3 million residents within a 3-mile radius, supported by an impressive average household income of $158,341, providing a deep patient base, strong consumer spending power, and long-term demand drivers for healthcare and professional office users. Suite 313 offers a prime opportunity to acquire a fully built-out condominium in a premier Midtown East setting, positioning it as an exceptional owner/user or investment opportunity in the nation's largest healthcare and office market.
Matterport 3D Tour
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
1 Unit Available
- Unit
- Unit Size
- Condo Use
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
| Unit | Unit Size | Condo Use | NOI |
| Unit 313 | 2,205 SF | Office/Medical | - |
Unit 313
| Unit Size |
| 2,205 SF |
| Condo Use |
| Office/Medical |
| NOI |
| - |
Unit 313
| Unit Size | 2,205 SF |
| Condo Use | Office/Medical |
| NOI | - |
| Sale Type | Investment |
Property Facts
| Total Building Size | 105,640 SF | Typical Floor Size | 35,213 SF |
| Property Type | Office (Condo) | Year Built | 1989 |
| Property Subtype | Medical | Lot Size | 1.86 AC |
| Building Class | B | Parking Ratio | 0.95/1,000 SF |
| Floors | 3 | Type of Ownership | Fee Simple |
| Zoning | C1-9 - Commercial district predominantly residential in character | ||
| Total Building Size | 105,640 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 35,213 SF |
| Year Built | 1989 |
| Lot Size | 1.86 AC |
| Parking Ratio | 0.95/1,000 SF |
| Type of Ownership | Fee Simple |
| Zoning | C1-9 - Commercial district predominantly residential in character |
Amenities
- Bus Line
- Signage
- Wheelchair Accessible
- Central Heating
- Wi-Fi
- Air Conditioning
- Balcony
- Smoke Detector
Demographics
Demographics
Nearby Amenities
Hospitals |
|||
|---|---|---|---|
| New York University Langone Medical Center | Acute Care | 3 min drive | 1.2 km |
| Bellevue Hospital Center | Acute Care | 3 min drive | 1.8 km |
| New York Eye and Ear Infirmary of Mount Sinai | Acute Care | 4 min drive | 2.6 km |
| Mount Sinai Beth Israel | Acute Care | 5 min drive | 2.9 km |
| New York - Presbyterian Hospital | Acute Care | 5 min drive | 2.9 km |
Sale Advisor
Sale Advisor
Zach Weil, Managing Director
Weil has represented the owners of numerous prestigious buildings in New York City, including SL Green, RXR, Columbia, ESRT, Blackstone, Silverstein Properties, Carlyle Group, Atlas Capital, ELK Investors, Harbor Group and Philips International Holding Corporation. He is a member of the Newmark leasing team that has transformed historically traditional buildings into modern tech hubs for some of the most well-known companies in the New Media industry, including Roku, VTS, AB inBev, Bark, Snowflake, Investopedia and Tempus, among others. Weil has also served as the exclusive sales agent for 40 Rector Street, totaling more than 400,000 square feet of sales to date. 40 Rector Street is considered one of the largest commercial condominium projects in Manhattan, and as its agents, Weil and his team have sold more commercial condominium space than any other New York team within the last five years.
Weil is also focused on Tenant Representation, having completed approximately 300,000 square feet in transactions for such clients as AdTheorent, Morning Brew, Tapad, easyship, SohoWorks, Transmit.live, Brooklyn LAB Charter School, Wix.com, Alt, Worthy, Fino Consulting Group and Linq3 Technologies. Weil’s experience in both Landlord Representation and Tenant Representation has given him the invaluable ability to see all sides of a transaction. This expertise has led to his focus on advising venture capital firms with their portfolio companies’ real estate needs. Weil and his team serve as the single point of contact for all real estate decisions and questions – an advantageous tool for venture capital firms to offer their portfolio companies, as a growing firm’s real estate needs are constantly changing. He has worked with companies such as Primary Ventures, Trail Mix Ventures, ffVC and others.
Weil and his team have also sponsored the organization AlwaysOn, which organizes technology/new media conferences all over the country in order to acknowledge the fastest-growing technology companies around the world.
About the Auction Technology
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The Corinthian | 345 E 37th St
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The Corinthian | 345 E 37th St
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