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$5,899,500
List Price: $5,900,000
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131 West 35th Street #FL7
Coop in Midtown South •  building info
studio • 7,725ft² $764 per ft²
Buy with Yoreevo

$5,899,500

List Price

$5,900,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
96
Last price change
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Estimated payment
$39,201
Monthly taxes
N/A
Monthly maintenance
$9,367
Description
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.

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History
What it'll cost
Purchase price
$5,900,000
Asking Price: $5,900,000
Term
30 Years
Down Payment
$1,180,000 (20%)
Min: 20% (1,180,000)
Rate
6.5 %
Mortgage Amount
$4,720,000
Mortgage Payment
$29,834
Maintenance
$9,367
Estimated Yoreevo rebate
$500
Estimated closing cost
$140,000
Total monthly cost $39,201
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$500 rebate.
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Listing Courtesy of Corcoran Group

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