About Different Medical Space Types

Medical Office Building Types

New York City is one of the most expensive commercial real estate markets in the United States and has played host to some of the most renowned and top quality medical professionals. More healthcare companies, private practices, and the like - can be found in Manhattan with its top quality infrastruction and proximity to some of the world’s biggest and best hospitals and servises; all within a 30-minute drive or subway ride throughout the city. Medical listings with space for lease or for sale are available in three major markets depending on property type or location. Building types include class A, class B and class C properties

Class A Buildings

• Lobbies that are attended 24/7
• Cleaning services included in the base rent
• Property management on premises
• A high level of capital improvements
• Air conditioned lobbies and common areas
• Advanced fire alarm and security systems

Class B Buildings

• Include a high level of capital improvements
• Air conditioned lobbies and common areas
• Advanced fire alarm and security systems
• Fewer upscale lobbies attended 24/7 and fewer common areas
• Limited free cleaning services (with the exception of Downtown Manhattan)

Class C Buildings

• Former warehouse or manufacturing space converted to commercial rentals
• Functional lobbies
• The most affordability in Manhattan

For more information on medical real estate or investing in medical space, please contact a Medical Real Estate broker using the information on our contact page.