480 Forest Ave - Office FOR SALE


Locust Valley, NY 11560
$3,800,000 USD
516-393-2300
480 Forest Ave, Locust Valley, NY for Sale
$3,800,000 USD
Office - FOR SALE
1/4
null | 7.16% Cap Rate

480 Forest Ave
Locust Valley, NY 11560


HIGHLIGHTS

  • For Sale: Locust Valley Medical Center
  • Lower Level: Warehouse and Office Space
  • Floor 1: Office Space
  • +/- 60 On-Site Parking Space

OVERVIEW

American Investment Properties is retained to sell the property located at 480 Forest Ave, Locust Valley, NY. At this location is a medical center consisting of warehouse and office space. There are some spaces that are currently available which provide for great lease-up opportunities. Please contact Ron Koenigsberg at ron@aiprops.com / (516) 757-2695 for any further questions.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Warehouse, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

NB

APN/PARCEL ID

2489-30-010-00-0005-0

ASK ABOUT THIS PROPERTY

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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