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 • 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 Vehi-cles Per Day traffic, the subject property features high signage visibility and 100’ frontage • Current ownership recently made 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 fu-ture while having stable cash flow • Elevator ADA-accessible building with on site parking lot

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

-

LAND SF

-

ZONING

-

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.