4221 Francis Lewis Blvd - Medical FOR SALE


Bayside, NY 11361
$4,950,000 USD
718-204-6611
4221 Francis Lewis Blvd, Bayside, NY for Sale
$4,950,000 USD
Medical - FOR SALE
1/14
null | Request Cap Rate

4221 Francis Lewis Blvd
Bayside, NY 11361


OVERVIEW

• Excellent location in desirable and affluent Northeast Queens sub-market • Current ownership recently made significant capital improvements to the roof, HVACs, elevator and building security system • A variation of long - and short-term leases allows to improve financial performance in the near future while having stable cash flow • Elevator ADA-accessible building with on site parking lot• High concentration of quality medical offices in the immediate area including New York Presbyterian Medical Group, Davita Kidney Care, Lenix Hill Radiology, North Hill Surgical Center and other medi-cal practices • Located near the signalized corner of Francis Lewis Blvd and Northern Blvd with over 35,000 Vehicles Per Day traffic, the subject property features high signage visibility and 100’ frontage

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$640 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R3-2

APN/PARCEL ID

06258-0053

ASK ABOUT THIS PROPERTY

Theo KontisTEK Realty Advisors LLCMore Info
718-204-6611

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Theo KontisTEK Realty Advisors LLCMore Info
718-204-6611

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