by RH Advisors

Check Availability
$5,900,000
Co-op - For Sale

131 W 35TH Street #FL7

Manhattan, NY 10001
bedrooms
Studio
bathrooms
1 Bath, 4 Half Baths
square feet
7725 Sqft
$38,337
Estimated Monthly
$9,367
HOA / Fees
-1.19%
Cap Rate

About This Property

131 West 35th Street is a well-furnished, turnkey medical office strategically positioned between 7th Avenue and Broadway in Midtown South near Penn Station. This professional co-op presents an excellent prospect for healthcare professionals seeking a centrally located, well-appointed space.

The layout of 7,725+/- RSF encompasses the entire 7th floor allowing the convenience of direct elevator access for smooth transitions for both clientele and staff.

Currently configured as a cardiology practice, the space is highly adaptable to cater to various medical specialties, making it an ideal investment for those looking to establish or expand their practice.

The inclusion of essential cardiology equipment such as SPECT and PET cameras in the sale streamlines the setup process, providing a turnkey solution for prospective occupants.

Designed with functionality in mind, the layout optimizes efficiency and client experience. From the primary and secondary reception areas to the 5 private offices/consults, 6 exam rooms with specialized spaces for phlebotomy, echocardiogram testing, and stress testing, the property is tailored to meet the diverse needs of a cardiology, radiology, and any other medical practice.

Administrative considerations are well-addressed with 4 dedicated offices, 5 restrooms (including a private facility within the primary consultation room), a staff kitchen, IT room, mechanical room, and a janitor's closet, ensuring seamless operations.

Facilitating movement throughout the property are two direct-floor elevators and two freight elevators, offering logistical efficiency for daily activities.

131 West 35th Street is an opportunity to establish or expand a thriving practice in a sought-after location, proximate to public transportation via 14 subways lines, the PATH train, as well as Penn Station, The Port Authority Bus Terminal and Grand Central Terminal.








Unit Size
7,725Ft²
Days on Market
96 days
Land Size
-
Price per sqft
$764
Property Type
Co-op
Property Taxes
-
HOA Dues
$9,367
Year Built
1913
Last updated: 3 months ago (RLS #RPLU-33422859413)

Price History

Date / Event Date Event Price
Jan 22, 2024 Listed by Corcoran Group $5,900,000
Listed by Corcoran Group

Property Highlights

Elevator
Interior Details

Bathroom Information

Half Bathrooms: 4

Interior Information

Living Area: 7725

Room Information

Laundry Features: Building None
Rooms: 27

Basement Information

Exterior Details

Property Information

Year Built: 1913

Building Information

Outdoor Living Structures: None
Pets Allowed: Building No, No

Land Information

Tax Lot: 0016
Tax Block: 00811

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
Stu
2 Baths
10,000 ft²
$659/ft²
$6,590,000 May 27, 2014
$6,590,000 Feb 3, 2015
$7,983/mo
Townhouse
Stu
-
-
$5,700,000 Dec 6, 2017
$5,700,000 Dec 19, 2017
-
Condo
8 Beds
8 Baths
6,600 ft²
$833/ft²
$5,500,000 Mar 13, 2015
$5,500,000 Feb 5, 2021
$11,205/mo
Co-op
4 Beds
6 Baths
5,000 ft²
$1,000/ft²
$4,999,999 Nov 23, 2020
$4,999,999 Apr 13, 2021
$9,859/mo
Co-op
5 Beds
4 Baths
4,700 ft²
$1,488/ft²
$6,995,000 Oct 14, 2014
$6,995,000 Jun 30, 2015
$5,876/mo
Condo
3 Beds
4 Baths
2,940 ft²
$2,245/ft²
$6,600,000 Jul 24, 2023
$6,600,000 Nov 3, 2023
$8,639/mo
Multifamily
Stu
-
-
$7,000,000 Aug 28, 2023
-
$5,753/mo
Multifamily
7 Beds
6 Baths
6,000 ft²
$999/ft²
$5,995,000 Feb 13, 2024
-
$7,093/mo
Co-op
3 Beds
2 Baths
5,500 ft²
$1,272/ft²
$6,995,000 Sep 1, 2022
-
$5,690/mo
Condo
4 Beds
3 Baths
4,713 ft²
$1,379/ft²
$6,500,000 Feb 12, 2024
-
$3,000/mo
Co-op
5 Beds
4 Baths
4,241 ft²
$1,131/ft²
$4,795,000 Feb 1, 2024
-
$6,791/mo
Condo
4 Beds
4 Baths
3,894 ft²
$1,631/ft²
$6,350,000 Dec 13, 2023
-
$8,316/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

131 West 35th Street 131 West 35th Street, New York, NY 10001
  • 1 Unit for Sale
More about this Building
131 West 35th Street
Want to find out who owns 131 West 35th Street, New York, NY 10001? Get detailed property transactions here .

About Midtown Manhattan


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