485 Merrick Rd - Medical FOR SALE


Rockville Centre, NY 11570
$2,350,000 USD
516-231-1031
485 Merrick Rd, Rockville Centre, NY for Sale
$2,350,000 USD
Medical - FOR SALE
1/8
null | 5.32% Cap Rate

485 Merrick Rd
Rockville Centre, NY 11570


HIGHLIGHTS

  • Passive Investment with Zero Landlord Responsibilities: The double net (NN) lease structure ensures Mount Sinai Radiology handles all expenses
  • Prime Location Near Major Hospital: Situated just steps from Mount Sinai South Nassau Hospital
  • Exclusive PET/CT Scan Facility: This location serves as Mount Sinai’s dedicated site for all PET/CT scans
  • Strong Tenant with Renowned Reputation: Mount Sinai Radiology is backed by the prestigious Mount Sinai Health System
  • Stable Returns in a Thriving Healthcare Corridor: The property’s strategic position in a bustling medical hub guarantees sustained demand

OVERVIEW

For sale is a premier single-tenant NN lease property featuring Mount Sinai Radiology at 485 Merrick Road, Rockville Centre, NY, offering a truly passive investment opportunity with zero landlord responsibilities. Strategically located just steps from Mount Sinai South Nassau Hospital, this property benefits from its prime proximity to a major medical hub, ensuring high demand and stability. As the exclusive location for Mount Sinai’s PET/CT scans, critical for diagnosing conditions like cancer, heart disease, and brain disorders, the tenant’s specialized services drive consistent patient traffic and long-term lease security. With Mount Sinai’s renowned reputation and board-certified radiologists utilizing state-of-the-art imaging technology, this investment delivers strong, reliable returns in a thriving healthcare corridor.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$940 USD /SF

CAP RATE

5.32%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,355 SF

ZONING

Business A

APN/PARCEL ID

2029-38-336-00-0140-0

ASK ABOUT THIS PROPERTY

Lyle AlperVanderbilt Property ManagementMore Info
516-231-1031

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

Lyle AlperVanderbilt Property ManagementMore Info
516-231-1031

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