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400-416 E 56th St - Plaza 400 3,257 SF Office/Medical Condo Unit in New York, NY 10022
Investment Highlights
- Located in white-glove residential building
- Client parking available on-site
- Close to transportation and FDR Drive for easy access
- Amenities include roof-top pool and exercise room
Executive Summary
Located within the Plaza 400 cooperative at 400-416 East 56th Street in Manhattan's Sutton Place neighborhood, this ground-floor commercial condominium offers a highly visible presence in one of Midtown East's most established residential and business districts. Positioned near the intersection of First Avenue and East 56th Street, the property benefits from convenient access to the Queensboro Bridge, the Roosevelt Island Tram, multiple subway lines, and numerous neighborhood amenities. The existing layout is configured for medical use and includes exam rooms, reception and waiting areas, restrooms, and supporting clinical space, making it suitable for healthcare providers, wellness operators, or other professional users seeking a centrally located Manhattan address. The surrounding area is characterized by a dense residential population, institutional uses, and a steady flow of pedestrian and vehicular traffic, providing a strong foundation for medical, service-oriented, and specialty commercial operations. Its location within the well-known Plaza 400 complex further enhances visibility and accessibility for patients, clients, and staff.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
CALL FOR UPDATED PRICING!
Expansive 3,257-square-foot unit. Situated on the ground floor of the prestigious Plaza 400, and legally zoned live/work co-op.
Featuring two distinct entrances to maintain a professional boundary. Clients and patients can utilize the private street-level entrance, while the residential side is accessed through the building’s elegant, white-glove lobby. Currently configured as a medical suite, the layout has multiple exam rooms, a dedicated reception area with two reception desks to accommodate multiple practices, plus administrative and lab areas. For those seeking a residential footprint, the space can be reconfigured into a sprawling residence while still maintaining a fully functional professional wing.
Plaza 400 is a world-class, self-managed co-op offering both convenience and prestige. Residents enjoy access to the Skytop Club, featuring a seasonal rooftop pool and lounge with 360-degree views of the skyline and East River. The building provides comprehensive service with a 24-hour doorman, concierge, and on-site management. Additional amenities include a state-of-the-art fitness center, children’s playroom, on-premises valet garage, and bike storage.
Located in the quiet, tree-lined enclave of Sutton Place, the building is minutes from the city’s leading hospitals, corporate headquarters, and premier dining, as well as easy access to FDR Drive and multiple subway and bus lines. The co-op permits pied-à-terre use and guarantors.
Expansive 3,257-square-foot unit. Situated on the ground floor of the prestigious Plaza 400, and legally zoned live/work co-op.
Featuring two distinct entrances to maintain a professional boundary. Clients and patients can utilize the private street-level entrance, while the residential side is accessed through the building’s elegant, white-glove lobby. Currently configured as a medical suite, the layout has multiple exam rooms, a dedicated reception area with two reception desks to accommodate multiple practices, plus administrative and lab areas. For those seeking a residential footprint, the space can be reconfigured into a sprawling residence while still maintaining a fully functional professional wing.
Plaza 400 is a world-class, self-managed co-op offering both convenience and prestige. Residents enjoy access to the Skytop Club, featuring a seasonal rooftop pool and lounge with 360-degree views of the skyline and East River. The building provides comprehensive service with a 24-hour doorman, concierge, and on-site management. Additional amenities include a state-of-the-art fitness center, children’s playroom, on-premises valet garage, and bike storage.
Located in the quiet, tree-lined enclave of Sutton Place, the building is minutes from the city’s leading hospitals, corporate headquarters, and premier dining, as well as easy access to FDR Drive and multiple subway and bus lines. The co-op permits pied-à-terre use and guarantors.
Sale Notes
Great Office/Medical coop opportunity
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 4 | 3,257 SF | Office/Medical | Upon Request | - |
Unit 4
| Unit Size |
| 3,257 SF |
| Condo Use |
| Office/Medical |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 4
| Unit Size | 3,257 SF |
| Condo Use | Office/Medical |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
|
CALL FOR UPDATED PRICING! Expansive 3,257-square-foot unit. Situated on the ground floor of the prestigious Plaza 400, and legally zoned live/work co-op. Featuring two distinct entrances to maintain a professional boundary. Clients and patients can utilize the private street-level entrance, while the residential side is accessed through the building’s elegant, white-glove lobby. Currently configured as a medical suite, the layout has multiple exam rooms, a dedicated reception area with two reception desks to accommodate multiple practices, plus administrative and lab areas. For those seeking a residential footprint, the space can be reconfigured into a sprawling residence while still maintaining a fully functional professional wing. Plaza 400 is a world-class, self-managed co-op offering both convenience and prestige. Residents enjoy access to the Skytop Club, featuring a seasonal rooftop pool and lounge with 360-degree views of the skyline and East River. The building provides comprehensive service with a 24-hour doorman, concierge, and on-site management. Additional amenities include a state-of-the-art fitness center, children’s playroom, on-premises valet garage, and bike storage. Located in the quiet, tree-lined enclave of Sutton Place, the building is minutes from the city’s leading hospitals, corporate headquarters, and premier dining, as well as easy access to FDR Drive and multiple subway and bus lines. The co-op permits pied-à-terre use and guarantors. |
|
| Sale Notes | |
| Great Office/Medical coop opportunity |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 892,866 SF | Typical Floor Size | 22,894 SF |
| Property Type | Multifamily (Condo) | Year Built | 1969 |
| Property Subtype | Apartment | Lot Size | 1.07 AC |
| Building Class | B | Parking Ratio | 0.91/1,000 SF |
| Floors | 39 | ||
| Zoning | R10,Manhattan,(D4) - High Density Residential District. | ||
| Total Building Size | 892,866 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 39 |
| Typical Floor Size | 22,894 SF |
| Year Built | 1969 |
| Lot Size | 1.07 AC |
| Parking Ratio | 0.91/1,000 SF |
| Zoning | R10,Manhattan,(D4) - High Density Residential District. |
Amenities
Site Amenities
- 24 Hour Access
- Concierge
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Security System
- Doorman
- Grill
- Package Service
- Elevator
- Lounge
- Online Services
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 139 | - | - |
| 1+1 | 281 | - | - |
| 2+2 | 209 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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400-416 E 56th St - Plaza 400
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