Medical office

  • $440,000
150, East 37th Street, Murray Hill, Manhattan Community Board 6, Manhattan, New York County, City of New York, New York, 10016, United States
For Sale
Medical office
150, East 37th Street, Murray Hill, Manhattan Community Board 6, Manhattan, New York County, City of New York, New York, 10016, United States
  • $440,000

Description

Medical/Office Condo for Sale in Murray Hill – 150 E 37th Street

Address: 150 East 37th Street, New York, NY, 10016
Asking Price: $440,000
Sale Type: Investment or Owner-User
Space Available: 734 SF (Office/Medical Condo)
Max Contiguous: 734 SF
# of Spaces: 1
Total Vacant Space in Building: 1,468 SF
Rent (Est.): $49.00/SF
Service Type: Modified Gross
Use Type: Medical or Professional Office

Property Overview:

150 E 37th Street offers a rare opportunity to purchase a 734 SF commercial condominium ideal for medical or professional office use. Situated in the heart of Murray Hill, this space is perfect for owner-users such as private practitioners or therapists—or as a turnkey investment in a centrally located, high-demand professional corridor.

Key Features:

Flexible Office/Medical Use: Configured for use as a private office, therapy suite, or medical practice (subject to approvals)
Great Light & Layout: 734 SF space with efficient floor plan for reception, treatment rooms, or admin area
Full-Service Building: Professionally managed mid-rise with 24/7 access and elevator service
Modified Gross Lease Structure: Tenant pays base rent + select pass-through expenses—providing stability for both investors and occupants

Location Benefits:

✔ Located between Lexington and 3rd Avenues—close to Grand Central and the Midtown Tunnel
✔ Walking distance to multiple subway lines (4, 5, 6, 7, S)
✔ Convenient for Midtown East professionals, medical clients, and commuters

Investment Highlights:

  • Asking Price: $440,000
  • Size: 734 SF
  • Est. Rent: $49/SF
  • Occupancy: Vacant – available for immediate occupancy or lease-up
  • Ownership Flexibility: Perfect for long-term investors or professionals seeking to build equity

Conclusion:

150 E 37th Street is a smart acquisition opportunity in a stable, service-oriented building with flexible medical/office use. Whether you’re looking to occupy or invest, this space offers excellent Midtown access, long-term value, and professional appeal.

Contact us today for a property brochure, floor plan, or to schedule a private showing.

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