Description
ASC (Ambulatory Surgery Center)/Medical/Article 28 Conversion opportunity on the West Side.
PRICING: 438 W 51st Street' s purchase price is $21,600,000 for the 36,000sf building or $600 psf, plus a conservative estimate of $4M to convert the building to medical, which would total $25.6M. Therefore, the price per square foot for a 36,000sf (including the useable basement) single free-standing Article 28 approved building would be $711.ASC (Ambulatory Surgery Center)/Medical/Article 28 Conversion opportunity on the West Side. 438 W 51st Street, is situated between 9th & 10th Avenues. This is West of the vacated St. Vincent' s, formerly St. Clare' s hospital.
