$1,921,066 USD
631-962-7384
1575 Hillside Ave
New Hyde Park, NY 11040
North New Hyde Park
HIGHLIGHTS
- The Investor will greatly benefit from the long-term lease structure with six years of remaining lease term and minimal landlord responsibilities.
- The property provides a tenant specific medical installation that meets the current and future needs for a best-in-class medical provider.
- The property is strategically located within two miles of The Zucker Hillside Hospital and The Long Island Jewish Medical Center.
OVERVIEW
Jones Lang LaSalle has been retained on an exclusive basis to arrange for the sale of 1575 Hillside Avenue, Suite 105, New Hyde Park, NY. This asset offers investors the stability of a long-term lease, with minimal landlord responsibility required. Additionally, this property is occupied by one of the leading healthcare providers on the East Coast.
FOR SALE DETAILS
PRICE
$1,921,066 USD
PRICE/SF
$297 USD /SF
CAP RATE
6.89%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
63,000 SF
STORIES
3
BUILDING CLASS
B
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
190
LAND DETAILS
LAND ACRES
2.35 AC
LAND SF
102,366 SF
ZONING
Medical Condo
APN/PARCEL ID
2289-08-212-00-0716-UCA010900205
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631-962-7384
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631-962-7384
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