1 School St - Medical CONDO FOR SALE


Glen Cove, NY 11542- Outlying Northern Nassau
$715,000 USD
917-821-8587
1 School St, Glen Cove, NY for Sale
$715,000 USD
Medical CONDO - FOR SALE
1/43
null | 4.91% Cap Rate


OVERVIEW

Extraordinary office condo of 2,858 sq. ft. available for sale. Inves tment opportunity with a s trong tenant with 4.5 year s of the initial lease term & a 5 year option to renew. NOI i s $35,118. Sale Price: $715,000. CAP Rate = 4.9%. 9 offices , conference room, reception, breakroom/kitchenette, and 2 exit s . Metered electricity with separate HVAC. Corner unit with windows on two s ides . Private bathroom + hallway res trooms . Easy acces s to the elevator s and a large free parking lot. Attached to the 3rd tier level City of Glen Cove municipal parking lot from the rear entrance of the building.

FOR SALE DETAILS

PRICE

$715,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

4.91%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

29,291 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Business

APN/PARCEL ID

0600-31-085-00-0026-UCA010200103,0600-31-085-00-0026-UCA010200104,0600-31-085-00-0026-UCA010200105,0600-31-085-00-0026-UCA010200106,0600-31-085-00-0026-UCA010200107,0600-31-085-00-0026-UCA010200202,0600-31-085-00-0026-UCA010200203,0600-31-085-00-0026-UCA010200204,0600-31-085-00-0026-UCA010200205,0600-31-085-00-0026-UCA010200206,0600-31-085-00-0026-UCA010200207,0600-31-085-00-0026-UCA010200302,0600-31-085-00-0026-UCA010200303,0600-31-085-00-0026-UCA010200304

ASK ABOUT THIS PROPERTY

John MagnaniCompassMore Info
917-821-8587

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John MagnaniCompassMore Info
917-821-8587

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.