70-50 153 StQueens, NY 11367

For Sale
$1,658,000

100% Occupied Medical Office in Queens

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 4,655 square foot Class C medical office building in Queens, NY, is offered at $1,658,000. Currently 100% occupied with a multi-tenant lease structure, this property boasts a net lease type and presents a strong investment opportunity. The building, completely rebuilt in 1986, features two separate medical office spaces, each with its own entrance and utilities. Recent upgrades include new cement work on sidewalks and driveway, a garage, and a 10-year-old roof. The interior showcases newly sanded hardwood floors throughout, bright rooms, and ample closet space. A full basement includes a coin-operated laundry, walkout egress, storage area, and a bonus room. Located at 70-50 153rd St, Queens, NY 11367, this property is zoned for medical use and offers a unique blend of residential and commercial potential. The price per square foot is $356.18. This turnkey operation is ideal for an investor seeking a stable, high-occupancy asset in a desirable location. The property's strong construction and recent updates ensure long-term value and minimal maintenance needs. This is a rare opportunity to acquire a fully operational medical office building with significant upside potential.

Highlights

  • $1,658,000 asking price for this 4,655 SF medical office building.
  • Located at 70-50 153rd St, Queens, NY 11367.
  • Class C, multi-tenant property with 100% occupancy.
  • Net lease structure.
  • $356.18 price per square foot.

Property Details for 70-50 153 St

Property type
Other office properties, Medical offices
Square Feet
4,655 SF
Class
C

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.7305321
Longitude
-73.8162321
70-50 153 St, Queens, New York

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70-50 153 St
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