STREAM Capital Partners > Properties > All Properties > 80 Park Ave. Dental

80 Park Ave. Dental

Net Lease

80 Park Ave., New York, New York
Ownership Type:
Fee Simple
Price:
$2,148,000
Cap Rate:
4.75%
Current Rent:
$102,000
Tenancy:
Single Tenant
Lease Type:
Triple Net
Lease Expiration Date:
Approx. 3 years
Renewal Options:
2, 5 Year Options
Building Sq. Ft.:
1,182 SF
Rent Increases:
2.5% Annually

Investment Highlights

  • Rare Park Avenue Investment Opportunity – Own a first-floor condominium on iconic Park Avenue, 100% leased to a well-established dental practice serving the community since 1957, with the current operator successfully leading the practice since 1987.
  • Premier Manhattan Location – Exceptional walkability and unmatched access to public transportation provide convenient connectivity from all areas of New York City.
  • Passive, Hands-Off Ownership – Structured with an absolute NNN lease, offering investors a true “mailbox money” opportunity with zero landlord responsibilities.
  • Dense, Affluent Demographics – Positioned within one of the most densely populated urban markets in the country, with more than 200,000 residents within a one-mile radius and over 1 million residents within three miles, supporting long-term tenant demand and stability.
Ownership Type:
Fee Simple
Price:
$2,148,000
Cap Rate:
4.75%
Current Rent:
$102,000
Lease Type:
Triple Net
Lease Expiration Date:
Approx. 3 years
Renewal Options:
2, 5 Year Options
Building Sq. Ft.:
1,182 SF
Rent Increases:
2.5% Annually

Listing Agents

Davy Turner

Vice President
310.433.5945[email protected]

Jordan Williams

Senior Associate
205 209 5671[email protected]

Broker of Record: Michael Antonoplos, Lic. 10491211973

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