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Off Market
1/14

1575 Hillside Ave
New Hyde Park, NY 11040


HIGHLIGHTS

  • The Investor will greatly benefit from the long-term lease structure with six years of remaining lease term and minimal landlord responsibilities.
  • The property provides a tenant specific medical installation that meets the current and future needs for a best-in-class medical provider.
  • The property is strategically located within two miles of The Zucker Hillside Hospital and The Long Island Jewish Medical Center.

OVERVIEW

New Hyde Park, NY is an incorporated village located on Long Island within Nassau County. The village sits directly east of the New York City border (Queens) and offers convenient access to the Northern State Parkway and Cross Island Parkway. Residents commuting into NYC can access Grand Central Station in roughly 35 minutes via the local Long Island Railroad station. New Hyde Park had a reported population of 10,235 individuals with a median age of 41.7 and a median household income of $144,375 according to 2022 census data. The 11-building Lake Success business park is one of Long Island’s largest office complexes. Bordered by the Northern State Parkway, New Hyde Park Road and Marcus Avenue, Lake Success Quadrangle’s current tenant roster includes ProHealth, Northwell Health, NYU Langone, Catholic Health Services, New York Cancer & Blood Specialist and many others. Both NorthShore Community Hospital and Cohen Children’s Medical Center are within a 10-minute driving distance of New Hyde Park.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

73000

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

190

LAND DETAILS

LAND ACRES

2.35 AC AC

LAND SF

102,366 SF

ZONING

-

APN/PARCEL ID

2289-08-212-00-0716-UCA010900101,2289-08-212-00-0716-UCA010900102,2289-08-212-00-0716-UCA010900205