The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

162 East 80th Street, Unit 1B

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Turnkey Medical Office in a Full-Service Cooperative with Potential for Residential Conversion

Residence 1B at 162 East 80th Street is currently configured as a medical office and offers immediate functionality, with the potential to convert to a Classic Six residence, subject to approval.

The layout includes a reception and waiting area, private office, three exam rooms, and two half baths, providing an efficient, ready-to-use setup for a variety of medical or professional practices.

Medical offices of this size within a pre-war cooperative are rarely available on the Upper East Side.

The space features high ceilings and oversized windows overlooking a quiet, tree-lined block.

For those considering a residential conversion, the existing footprint readily accommodates a three-bedroom, two-bathroom layout with a formal living room, dining room, and separate kitchen.

162 East 80th Street is a full-service cooperative with a full-time doorman and live-in superintendent. Amenities include central laundry, bike storage, private storage (as available), and washer/dryer installation with board approval. Pet friendly. Financing permitted up to 65%. 2% flip tax.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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