MANHATTAN MEDICAL SPACE

Health care practitioners have very specialized commercial real estate needs. Unlike conventional office space tenants, they require running water and sufficient electrical capacity to power equipment such as x-ray machines and MRI scanners. Medical space for doctors, dentists, chiropractors, physical therapists, acupuncturists is typically configured with a series of treatment rooms, consultation rooms a reception area and administrative offices. Medical space is usually required to be ADA compliant. Sole practitioners like therapist may use a small space with a single office and a reception area.

Physicians are usually affiliated with hospitals and as such tend to locate their practices within close proximity to their hospitals.
 

Manhattan Medical Featured Properties

Office/Medical
1,500 SF
$5,000
East 40th Street
Grand Central Station

Office/Medical Space
622SF
$3,006.22
57th Street
6th Ave/Rockefeller Center

Office/Medical
825 SF
$3,093
Madison Avenue
Grand Central Station

Below Market Sublease
4,700 SF
$11,358
West 38th Street
Garment District

Art Gallery Rental
1,088 SF
$4,352
57th Street
5th/Madison Avenue

Office/Showroom
1,393 SF
$3,134
38th Street
Garment/Accessory District

Office/Creative Space
2,233 SF
$5,001
38th Street
Garment District

Art Gallery
800 SF
$8,000
Madison Avenue
Upper East Side

Office space
3,263 SF
$13,323
Fifth Avenue
Grand Central Station

Office Loft
1,000 SF
$3,500
Broadway
Greenwich Village

Manhattan Medical Buildings

Commercial landlords reserve the vast majority of their available space for conventional office tenants. They favor non medical usages that do not require extensive plumbing and that generate a minimum of foot traffic. That being said, there are a number of Manhattan office buildings that are physician friendly. Among these properties are 429 East 75th Street, 133 East 58th Street, 200 West 57th Street and 115 East 61st Street. Certain buildings such as 247 Third Avenue are exclusively for medical use.

Due to the specialized build out requirements of health care spaces, it requires a greater level of expertise to negotiate medical space leases.
 

On the residential side, many cooperative and condominium buildings rent or sell their ground floor or basement space to medical practices.

Health Care Specialists

Metro Manhattan Office Space, Inc. has rented in excess of 8,000 Square Feet of medical space in the first half of 2009. We have successfully represented dentists, physical therapists, acupuncturists and physicians in their acquisition of their medical space.