$12,900,000
80-15 164th Street
Fresh Meadows, NY 11432
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Beds
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Baths
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Square feet
1950
Built
Listing narrative
Description
7% CAP Rate if full. Two more tenants needed. This is a premier 30,500 Sq.Ft. Medical Building with Parking located at 8015 164th St in Jamaica, Queens, New York. Originally constructed in 1973 and significantly renovated in 2008, this multi-tenant medical building, affiliated with NYU Langone, offers a strong proforma demonstrating above average market returns. This property enjoys an exceptionally strategic location on a major thoroughfare, boasting high visibility, prominent signage, and excellent access. Situated within 1 to 3 blocks of Kew Garden Hills, Fresh Meadows, Hillcrest, and Jamaica, it provides convenient access for patients and staff. Furthermore, its proximity to major hospitals, including Queens Hospital Center, St. John's University, Grand Central Parkway, schools, airports, and public transportation ensures a consistent demand for medical services within a densely populated residential area. This 30,000 square foot medical building presents a compelling investment opportunity in a vital healthcare hub, leveraging the prestige of an NYU Langone affiliation and a demonstrated strong financial performance.
Property Details
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Price
$12,900,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Office
Home Size
Sqft n/a
Baths
Baths n/a
Lot Size
3,598 sqft
Year
1950
Status
For Sale
Days on Market
470
Courtesy of Astor Brokerage Ltd





