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$12,900,000
Est. payment /mo
3,598 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 886260
Rental Info No
Year Built 1950
Annual Tax Amount $8,127
Lot Size 3,598 Sqft
Acres 0.0826
Property Sub-Type Office
Source onekey2
Property Description
7% CAP Rate if full. Two more tenants needed. This is a premier 30,500 Sq.Ft. Medical Building with Parking located at 8015 164th St in Jamaica, Queens, New York. Originally constructed in 1973 and significantly renovated in 2008, this multi-tenant medical building, affiliated with NYU Langone, offers a strong proforma demonstrating above average market returns.
This property enjoys an exceptionally strategic location on a major thoroughfare, boasting high visibility, prominent signage, and excellent access. Situated within 1 to 3 blocks of Kew Garden Hills, Fresh Meadows, Hillcrest, and Jamaica, it provides convenient access for patients and staff. Furthermore, its proximity to major hospitals, including Queens Hospital Center, St. John's University, Grand Central Parkway, schools, airports, and public transportation ensures a consistent demand for medical services within a densely populated residential area.
This 30,000 square foot medical building presents a compelling investment opportunity in a vital healthcare hub, leveraging the prestige of an NYU Langone affiliation and a demonstrated strong financial performance.
This property enjoys an exceptionally strategic location on a major thoroughfare, boasting high visibility, prominent signage, and excellent access. Situated within 1 to 3 blocks of Kew Garden Hills, Fresh Meadows, Hillcrest, and Jamaica, it provides convenient access for patients and staff. Furthermore, its proximity to major hospitals, including Queens Hospital Center, St. John's University, Grand Central Parkway, schools, airports, and public transportation ensures a consistent demand for medical services within a densely populated residential area.
This 30,000 square foot medical building presents a compelling investment opportunity in a vital healthcare hub, leveraging the prestige of an NYU Langone affiliation and a demonstrated strong financial performance.
Location
State NY
County Queens
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
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Listed by Astor Brokerage Ltd • Mordechai Striks
Nearby Locations
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Haniff Baksh
Broker License ID: 10311202741
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