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This expansive medical office has been owned and operated by one of Manhattan's top pediatrician practices for over 40 years and is now being offered for sale.
Ideally suited for a wide range of office, medical uses, or a transformation into a stunning residential two bedroom, one bathroom home, this versatile suite welcomes you directly from an elegant gallery into a thoughtfully configured space. Currently featuring a spacious reception and waiting area, two exam rooms, a private office, a restroom, and multiple oversized storage closets, the layout offers immediate functionality. Whether utilized in its existing condition or tailored to meet specific needs, this property presents exceptional flexibility and long-term potential.
Prewar details throughout, original oak floors, wood-burning fireplace, oversized southern facing picture windows with garden views, and high ceilings are some of the lovely features of this unique property.
Built in 1923 and designed by famed architect Donn Barber and the Starrett Brothers, 120 East 75th Street is a distinguished boutique prewar cooperative with 35 units and 9 floors, located on a quiet tree-lined block between Park and Lexington Avenues. The building features a full-time door staff, attentive on-site Resident Manager, bicycle room, private storage and laundry facilities. There is a public parking garage across the street. 50% financing permitted, 2% flip tax payable by purchaser. Pets and pied-a-terre permitted with board approval.
Perfectly situated in the heart of the Upper East Side near all forms of public transportation, shopping, dining, and cultural institutions, this property presents a commercial or residential opportunity of a lifetime.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$595,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $476,000 | $476,000 | $476,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,931 | $3,048 | $3,985 |
| Total Monthly Payment | $3,023 | $3,140 | $4,077 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.