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Medical Condo For Sale • 3,500 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit C1 | Medical | 3,500 SF | $1,030,000 USD | |
Description3502 Square Foot First and Lower Level Community Facility, (Built 2012) • 1 deeded parking spot included in the price, • The Lease is $6000 per month guaranteed by the well established medical center ( Medwell Women's Medical Services ) • Lease is 5 years plus 5 years option to renew with 3% increase every second year. • Maintenance paid by the tenant and there is still tax abatement in effect. • State-Of-The-Art Medical Facility with 12 exam rooms and 4 bathrooms. • Elevator. • Central AC and Central Heat, • Located at the Base of the Mixed Residential and Commercial Building Condo with 17 residential apartments. • Bus Stop Within Feet of the Subject Property • An Entrance to the B & Q Subway Lines on Kings Hwy is Within 3 blocks of the Subject Property • Chase, Starbucks, Walgreens, Bank of America, CVS, Dunkin' and Other National Tenants are in the Immediate Vicinity Sale Notes3502 Square Foot First and Lower Level Community Facility, (Built 2012) • 1 deeded parking spot included in the price, • The Lease is $6000 per month guaranteed by the well established medical center ( Medwell Women's Medical Services ) • Lease is 5 years plus 5 years option to renew with 3% increase every second year. • Maintenance paid by the tenant and there is still tax abatement in effect. • State-Of-The-Art Medical Facility with 12 exam rooms and 4 bathrooms. • Elevator. • Central AC and Central Heat, • Located at the Base of the Mixed Residential and Commercial Building Condo with 17 residential apartments. • Bus Stop Within Feet of the Subject Property • An Entrance to the B & Q Subway Lines on Kings Hwy is Within 3 blocks of the Subject Property • Chase, Starbucks, Walgreens, Bank of America, CVS, Dunkin' and Other National Tenants are in the Immediate Vicinity |
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3502 Square Foot First and Lower Level Community Facility, (Built 2012) • 1 deeded parking spot included in the price, • The Lease is $6000 per month guaranteed by the well established medical center ( Medwell Women's Medical Services ) • Lease is 5 years plus 5 years option to renew with 3% increase every second year. • Maintenance paid by the tenant and there is still tax abatement in effect. • State-Of-The-Art Medical Facility with 12 exam rooms and 4 bathrooms. • Elevator. • Central AC and Central Heat, • Located at the Base of the Mixed Residential and Commercial Building Condo with 17 residential apartments. • Bus Stop Within Feet of the Subject Property • An Entrance to the B & Q Subway Lines on Kings Hwy is Within 3 blocks of the Subject Property • Chase, Starbucks, Walgreens, Bank of America, CVS, Dunkin' and Other National Tenants are in the Immediate Vicinity
| Cap Rate: | 6.62 % |
| Total Expenses: | $3,783 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 15 min | - | 5.3 mi |
| Atlantic Terminal (Babylon Branch - Long Island Rail Road, City Terminal Zone - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 14 min | - | 5.4 mi |
| Transit/Subway | Drive | Walk | Distance |
| Kings Highway (B,Q Line) (B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) | 1 min | 7 min | 0.4 mi |
| Avenue M (Q - New York MTA Subway (The Subway)) | 1 min | 11 min | 0.6 mi |
| Avenue J (Q - New York MTA Subway (The Subway)) | 2 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| John F Kennedy International | 21 min | - | 12.9 mi |
| Laguardia | 30 min | - | 14.2 mi |
| Newark Liberty International | 36 min | - | 21.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 1 |
| Type: | Covered |
| Included in Rent: | Yes |
