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CushWake Markets Upper East Side Medical Condo
Cushman & Wakefield has been retained to sell a 4,384-square-foot, ground floor medical condominium located at 1559 York Ave. on the Upper East Side. It’s currently occupied by a pediatrics office whose lease was recently extended until 2022.
A Cushman & Wakefield brokerage team consisting of senior managing director Robert Burton, director Brett Weisblum and senior associate Bobby Carrozzo will represent the seller in all marketing efforts.
“Situated in Manhattan’s popular Upper East Side, 1559 York Ave. is ideally located and well-positioned to capitalize on the new Second Avenue Subway system,” said Burton. “An incoming investor will benefit from a stable cash flow for the remaining years of the lease and the upside of owning ground floor space with visibility into one of the world’s wealthiest demographic populations.”
The property is located near the new 86 Street – Second Avenue Subway Station, with access to the Q line.
For comments, questions or concerns, please contact Paul Bubny
- ◦Economy
- ◦Sale/Acquisition
