For Sale
For Sale
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Total Building Size
9,135 RSF
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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
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 TypeOffice
- Submarket
- Sale Price$3,499,000
- Total Building Size9,135RSF
- Total Acres0.21
- Cap Rate7.0%
- Number of Floors1
- Building ClassC
- Property ID1543094
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