Meridian Capital Group
Meridian Investment Sales

885 Park Avenue, New York, NY 10075

885 Park Avenue, New York, NY 10075

Historic Building at the Intersection of East 78th Street and Park Avenue
Upper East Side

Exclusive Cooperative Unit in the Exclusive Upper East Side

Type Luxury Medical Cooperative Unit
Neighborhood Upper East Side
Properties One Cooperative Unit
Lot Size 15,350 Square Feet
Zoning Code R10 / R8B
Size 2,100 Square Feet
Units One Unit

Investment Highlights:

Meridian Investment Sales is pleased to offer for sale the 2,100 square foot, vacant medical cooperative unit located at the esteemed 885 Park Avenue, #1C – one of Manhattan’s premier ultra-luxury doorman buildings on the Upper East Side. The neo-Jacobean, brick masterpiece was constructed from 1926-1927, designed by renowned architect Schwartz & Gross, who were responsible for the construction of a tremendous of the apartment buildings in Morningside Heights, and developed by Jatison Construction Company. Unit #1C features six south facing windows overlooking 78th Street and features a spacious waiting room and a large reception area that can accommodate five employees. There are three exam rooms each equipped with sinks and built-in storage and the premises offers a rare Certificate of Accreditation for having met the standards of a Class C-M ambulatory surgery facility and general anesthesia can be used. In addition, the cooperative unit features a separate recovery room as well as additional stations and two private restrooms, separate recovery room, as well as additional stations and two private restrooms.

Delivered vacant, the 2,100 square foot medical cooperative unit is ideal for a medical office or related professional use. Proximate to top rated hospitals including Lenox Hill Hospital, Memorial Sloan Kettering Cancer Center, Hospital for Special Surgery, and New York Presbyterian, this is a great location for a medical office. Located at the northeast intersection of Park Avenue & East 78th Street, 885 Park Avenue is just two blocks from Central Park in one of the City’s most exclusive enclaves. Further, the frontage on both streets allows for excellent foot traffic and visibility. The distinguished area offers proximity to renowned schools, shopping, restaurants, and public transportation.

The offering presents a singular opportunity to acquire a medical cooperative unit in one of NYC’s most exclusive neighborhoods.