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Rent/Lease Apartment 115 E 61st St
Positioned in the heart of the Upper East Side’s premier medical and professional corridor, 115 East 61st Street represents a high-yield opportunity for institutional investors and boutique firms seeking a flagship Manhattan presence. This trophy asset benefits from its strategic proximity to the Plaza District and Central Park, offering unparalleled prestige and long-term capital appreciation within a supply-constrained NYC submarket. For discerning stakeholders, the location’s accessibility to Park and Lexington Avenues ensures consistent exposure to a high-net-worth client base, making it a cornerstone acquisition for any premium commercial real estate portfolio.
Why Optimal Spaces –
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1. The Crucial Distinction: Whose Side Are They On?
  2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
   5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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115 East 61st Street Property Overview
| Building Address: | 115 E 61st St, New York NY 10065 |
| Building Name: | Cooperative |
| Building Alternate Address: | 115 E 61st St |
| Zip Code: | 10065 |
| Neighborhood: | Plaza District |
| Borough: | Manhattan |
| Stories: | 14 |
| Year Built: | 1930 |
| Building Class: | C |
| Block & lot: | 01396-0007 |
115 East 61st Street, located in the Lenox Hill neighborhood of Manhattan, New York City, is a notable commercial building completed in 1929. Designed by the architectural firm Ewing, Ramberg & Bachmann, this tall building stands 14 stories high and comprises 32 units. It was constructed on a lot measuring approximately 5,723 square feet, with building dimensions of about 57 feet in frontage and 89 feet in depth, totaling a gross floor area of 58,298 square feet dedicated to commercial purposes.
The building, originally built in 1930, underwent significant alterations in 2011, maintaining its classic pre-war architecture while accommodating modern functionality. It is classified as a professional building and is equipped with elevator service to facilitate access across its 14 floors.
115 East 61st Street has long been associated with the professional and medical community, serving as a full-service medical and dental cooperative with a full-time concierge, operated by healthcare professionals for healthcare professionals. Its location just off Park Avenue makes it a prestigious address in the Upper East Side.
115 E 61st St, Manhattan, NYC is a prominent medical office building situated in the Lenox Hill area of the Upper East Side. The building was constructed in 1930 and features a total of 14 stories and 32 units . It is well-suited for various medical specialties due to its adaptable layout and prime location near several major medical facilities . The building offers a range of amenities, including two passenger elevators and a full-time doorman . Its proximity to key medical institutions like Lenox Hill Hospital and Memorial Sloan Kettering Cancer Center makes it an attractive choice for medical professionals . Units within the building range from 1,250 to 4,200 square feet, catering to different needs and practices . The area is also surrounded by cultural attractions and upscale residential neighborhoods, contributing to its appeal .
Amenities at 115 E 61st St, Manhattan, NYC
- 24 Hour Access
- Full-Time Doorman
- Concierge Service
- Two Passenger Elevators
- High Ceilings
- Central Air Conditioning
- Elevator Access to Suites
- Easily Accessible by Public Transportation
115 East 61st Street, Manhattan, NYC Office Tenants
Located in the prestigious Lenox Hill neighborhood, 115 East 61st Street is a commercial building primarily housing medical and dental offices.
Building Details
- Year Built: 1930
- Number of Stories: 14
- Building Type: Professional Buildings/Stand Alone Funeral Homes
Office Environment
The building features a 24/7 concierge and all utilities are covered by maintenance fees, which are 100% tax deductible. Offices often have good natural light and are well-maintained.
Property Taxes and Ownership
The estimated annual property tax is approximately $850,945. Ownership details are available through specific property records.
Neighborhood Amenities
115 East 61st Street is situated between Park and Lexington Avenues, offering proximity to various amenities and services.
For specific tenant lists, contact the building management.
Internet Providers at 115 E 61st St, Manhattan, NYC
The following internet providers offer service options compatible with the building at 115 E 61st St, located in the Upper East Side neighborhood of Manhattan, NYC:
Verizon
Verizon FiOS is available in the building, providing high-speed fiber internet with download speeds up to 2,300 Mbps. Verizon is rated highly for customer satisfaction and offers bundled services including internet, phone, and TV.
Spectrum
Spectrum offers cable and fiber internet services with speeds up to 1 Gbps. Known for no data caps and bundled plans including TV and phone, Spectrum has widespread coverage in the Upper East Side and Manhattan overall.
Astound Broadband Powered by RCN
Astound Broadband, known formerly as RCN, provides both cable and fiber internet with plans including unlimited data usage. It is recognized for competitive pricing and solid coverage on the Upper East Side.
Earthlink
Earthlink offers fiber internet service to 95.9% of homes in the Upper East Side with speeds up to 2,300 Mbps, making it a high-speed option in this area.
STARRY
STARRY offers fixed wireless internet service covering approximately 92.7% of Upper East Side homes, with speeds ranging from 300 Mbps up to 500 Mbps.
Transportation & Location Details
Address: 115 E 61st St, Manhattan, NYC 10065
Cross streets: Between Lexington & Park Avenues
Public Transportation
- Subway: 4/5/N/R/Q/W at Lexington Av/59 St (3 min walk) or 63 St lines
- Bus: M1, M15-SBS, M103, BXM4 at Madison/Lexington Aves
- Cable Car: Roosevelt Island Tram (9 min walk)
Parking
- 3 garages on 61st St: east of 3rd Av, Lexington Av, and Park Av
Airport Access
- Taxi/Uber/Lyft from LGA, JFK, Newark airports
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- KPMG LLP leased 102,979 SF at 560 Lexington Ave
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Nuverse Advisor LLC Testimonial
Dear Stephen,
We would like to thank you for your assistance in helping us to arrange a sublet in Olympic Tower. My partners and I were determined to sublet a space that was fully furnished and equipped to our specifications at a fair market value. We utilized several different brokers, but we found that only you consistently found new sublet opportunities for us during the entire year of our search. When we began our search, prices for Class A office space in the Plaza District ranged from $80-150/RSF, by the end of our search the prices had fallen to $50-$85/RSF. Your hard work and tenacity at finding new listings allowed us to find the ideal space at the right price in Class A. Thanks for sticking with us.
Sincerely,
Elias Saal
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.