• 535 Plandome Road, Manhasset, NY 11030

For Sale

Office

For Sale

This property is available for sale
0.21
Acres
$3,499,000
Sale Price
  • Total Building Size
    9,135 RSF
  • Overview

    Excellent 1031 opportunity with limited active management. Eight contiguous ground floor medical office condo units within close proximity to the Long Island Railroad.

    Available Unit: +/- 9,135 SF
    Building Size: +/- 11,750 SF
    Parking: +/- 8 private spaces + ample street & municipal
    Current NOI: $229,603.78
    6.56% CAP
    3% annual Rental Escalations
    Net lease runs through March 2024

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Property Details

Medical Office Condo - Investment Opportunity

Excellent 1031 opportunity with limited active management. Eight contiguous ground floor medical office condo units within close proximity to the Long Island Railroad.

Available Unit: +/- 9,135 SF
Building Size: +/- 11,750 SF
Parking: +/- 8 private spaces + ample street & municipal
Current NOI: $229,603.78
6.56% CAP
3% annual Rental Escalations
Net lease runs through March 2024

  • Property Type
    Office
  • Submarket
  • Sale Price
    $3,499,000
  • Total Building Size
    9,135RSF
  • Total Acres
    0.21
  • Cap Rate
    7.0%
  • Number of Floors
    1
  • Building Class
    C
  • Property ID
    1543094

Landlord's Sales Representatives

  • Darren Leiderman
    Colliers | Long Island
     
  • Steven D'Orazio
    Colliers | Long Island