131 West 35th Street, #FL7, New York (Midtown West), NY, 10001 | $5,900,000

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.








Features

  • Town: New York
  • Levels: 13
  • Cooling: Unknown Type
  • Laundry: None
  • Year Built: 1913
  • Pet Policy: No Pets
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Concierge: Yes
  • OLR#: RPLU33422859413
  • Days on Market: 308 days
  • Website: https://www.raveis.com
    /prop/RPLU33422859413/131west35thstreet_newyork_ny?source=qrflyer
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.
Listing courtesy of Corcoran Group

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NMLS Mortgage Loan Originator ID 1880936

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131 West 35th Street, #FL7, New York (Midtown West), NY, 10001

$5,900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,720,000 $4,720,000 $4,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $26,800 $29,447 $39,512
Total Monthly Payment $26,925 $29,572 $39,637

* 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.