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520 E 72nd St
New York, NY 10021
Office/Medical Property For Sale
Investment Highlights
- Fully built, turnkey medical suite with waiting room and multiple exam spaces.
- Steps to Upper East Side’s renowned hospitals and medical institutions.
- Full-service building with 24-hour concierge, live-in manager, and garage.
- Dual access via private street entrance and building lobby for flexibility.
- Located on a serene cul-de-sac with access to East River Promenade and parks.
- Excellent connectivity to Second Avenue subway, bus routes, and Citi Bike.
Executive Summary
520 East 72nd Street is a full-service Upper East Side cooperative located on a quiet cul-de-sac overlooking the East River. The building offers top-tier amenities including a 24-hour concierge and doorman, a live-in resident manager, an attended garage, laundry facilities, bike storage, and a beautifully maintained Zen garden. Residents enjoy two rear exits leading to 71st Street and secure pedestrian-only access to the East River Promenade, as well as proximity to pocket parks and recreational green spaces. This building also features thoughtful conveniences such as a building link system, composting station, and an on-site library. Transportation options are abundant with the Second Avenue subway and multiple bus lines steps away, in addition to Citi Bike stations. Co-op policies permit financing up to 70% with flexible ownership structures, while the property maintains a pet-friendly and non-smoking environment. Built in 1963, the building comprises 242 residential units.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
Ground-floor 1,250 SF medical office condo with private entrance, exam rooms, reception, and turnkey build-out in prime Upper East Side medical corridor.
Sale Notes
Ground-floor medical office suite featuring a welcoming reception and waiting area, a spacious private consultation office, three exam rooms, two restrooms, a kitchenette, staff lounge, and dedicated IT room. The office offers a private entrance on 72nd Street, as well as a second entrance through the building's residential lobby. The building also has two rear exits on 71st Street, providing convenient access toward the area's renowned hospitals and medical centers, making this an ideal location for physicians, specialists, and other healthcare providers. Additional features include central air conditioning, a fully furnished interior, and a flexible layout that can accommodate a wide range of medical
specialties. This turnkey space is ready for immediate occupancy.
Nestled on a quiet, tree-lined cul-de-sac overlooking the East River and with easy access to two pocket parks, and safe pedestrian-only access to the East River Promenade. 520 East 72nd Street is a full-service Upper East Side co-op offering top-of-the-line amenities including 24-hour doorman/concierge, a live-in resident manager, a garage, laundry facility, bike storage, building link, composting station, a library and a Zen-garden. Non-smoking building. Co-purchasers, guarantors, gifting, pied-a-terres and subletting (after two years, for two years out of five) are all allowed. Sorry, no parents buying for children. Pets welcome! 242 Units. Built in 1963. Co-op permits financing of up to 70%. Convenient to the Second Avenue Subway, two bus routes on the corner (72nd Street Cross-town and the M31 to 57th Street and the Westside), shopping and recreational facilities. Citi Bikes on corner.
Assessment: $450 monthly concludes at year end.
specialties. This turnkey space is ready for immediate occupancy.
Nestled on a quiet, tree-lined cul-de-sac overlooking the East River and with easy access to two pocket parks, and safe pedestrian-only access to the East River Promenade. 520 East 72nd Street is a full-service Upper East Side co-op offering top-of-the-line amenities including 24-hour doorman/concierge, a live-in resident manager, a garage, laundry facility, bike storage, building link, composting station, a library and a Zen-garden. Non-smoking building. Co-purchasers, guarantors, gifting, pied-a-terres and subletting (after two years, for two years out of five) are all allowed. Sorry, no parents buying for children. Pets welcome! 242 Units. Built in 1963. Co-op permits financing of up to 70%. Convenient to the Second Avenue Subway, two bus routes on the corner (72nd Street Cross-town and the M31 to 57th Street and the Westside), shopping and recreational facilities. Citi Bikes on corner.
Assessment: $450 monthly concludes at year end.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1D | 1,250 SF | Office/Medical | Upon Request | - |
Unit 1D
| Unit Size |
| 1,250 SF |
| Condo Use |
| Office/Medical |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 1D
| Unit Size | 1,250 SF |
| Condo Use | Office/Medical |
| Price | Upon Request |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Ground-floor 1,250 SF medical office condo with private entrance, exam rooms, reception, and turnkey build-out in prime Upper East Side medical corridor.</li></ul> | |
| Sale Notes | |
| Ground-floor medical office suite featuring a welcoming reception and waiting area, a spacious private consultation office, three exam rooms, two restrooms, a kitchenette, staff lounge, and dedicated IT room. The office offers a private entrance on 72nd Street, as well as a second entrance through the building's residential lobby. The building also has two rear exits on 71st Street, providing convenient access toward the area's renowned hospitals and medical centers, making this an ideal location for physicians, specialists, and other healthcare providers. Additional features include central air conditioning, a fully furnished interior, and a flexible layout that can accommodate a wide range of medical<br> specialties. This turnkey space is ready for immediate occupancy.<br> <br> <br> Nestled on a quiet, tree-lined cul-de-sac overlooking the East River and with easy access to two pocket parks, and safe pedestrian-only access to the East River Promenade. 520 East 72nd Street is a full-service Upper East Side co-op offering top-of-the-line amenities including 24-hour doorman/concierge, a live-in resident manager, a garage, laundry facility, bike storage, building link, composting station, a library and a Zen-garden. Non-smoking building. Co-purchasers, guarantors, gifting, pied-a-terres and subletting (after two years, for two years out of five) are all allowed. Sorry, no parents buying for children. Pets welcome! 242 Units. Built in 1963. Co-op permits financing of up to 70%. Convenient to the Second Avenue Subway, two bus routes on the corner (72nd Street Cross-town and the M31 to 57th Street and the Westside), shopping and recreational facilities. Citi Bikes on corner.<br> <br> <br> Assessment: $450 monthly concludes at year end.</li></ul> |
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 | 188,446 SF | Floors | 18 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 16,547 SF |
| Property Subtype | Apartment | Year Built | 1964 |
| Building Class | B | Lot Size | 0.41 AC |
| Zoning | R9 - High density residential district | ||
| Total Building Size | 188,446 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 18 |
| Typical Floor Size | 16,547 SF |
| Year Built | 1964 |
| Lot Size | 0.41 AC |
| Zoning | R9 - High density residential district |
Amenities
Site Amenities
- 24 Hour Access
- Concierge
- Laundry Facilities
- Property Manager on Site
- Doorman
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 245 | - | - |
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
