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New Hyde Park NY, 11040 $4,650,000

Retail Commercial , 5569 SqFt 

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Details ML#: 3585210  

  • # of Families: 2
  • Sale or Rent:Sale
  • Year Built: 1951
  • Taxes: $47,481
  • Status:Active

Description

Calling All Investors, Developers & End-Users!!! MINT NNN Medical Building On Herricks Road For Sale!!! The Property Features Excellent Signage, Great Exposure, 38 Parking Spaces, High 12’ Ceilings, New Roof, 3 Phase Power, Private Parking Lot, Accessible Bathroom, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of New Hyde Park On Busy Herricks Road Just 1 Block From Jericho Tpke.!!! Neighbors Include Starbucks, UPS, Chase Bank, Citi, Buick -GMC, T-Mobile, Northwell Health, Stop & Shop, ShopRite, 7-Eleven, Dunkin’, Extra Space Storage, Tropical Smoothie Cafe, Applebee’s Bar & Grill, Taco Bell, Walgreens, Petco, LA Fitness, King Kullen, McDonald’s, Shake Shack, Jiffy Lube, Jersey Mike’s, Lidl, ++!!! The Property Is Currently Home To A Successful Medical Group That Has Over 22 Locations!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Square Care Medical Group: $312, 000 NNN Ann.; 3-10% Ann. Inc.; Lease Exp.: 1/21/28; Mammography: $50, 400 Ann.; 3-10% Ann. Inc.; Lease Exp.: 1/21/28. Gross Income: $362, 400 Ann. Expenses: Oil: $0 (NNN Lease) Electric: $0 (NNN Lease) Water: $0 (NNN Lease) Maintenance & Repairs: $0 (NNN Lease) Insurance: $0 (NNN Lease) Taxes: $0 (NNN Lease) Total Expenses: $0 (NNN Lease) Net Operating Income (NOI): $362, 400 Ann.

More Property Details

Property Features

Lot Sq Ft: 20661   Approx. Int. Sq. Ft.: 5569.00   Parking Spaces: Yes   Parking Spaces: 38   Stories: 1  

Financial

Taxes: $47,481  

Local Area Information

Block: 170   Lot: 9  

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