This Office Property is Off-Market.

1034 North Braodway
Yonkers, NY 10710 ·

24,000 SF · Office For Sale

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1034 North Broadway

Price N/A No. Stories 2
Building Size 24,000 SF Building Class A
Property Type Office Tenancy Multiple
Property Sub-type
Medical Office
More...
  • Office Building
  • Street Retail
  • Community Center
Year Built 2006
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 2 AC
Cap Rate 6% Parking Ratio 6 / 1,000 SF
Occupancy 100%
Listing ID: 14460693 Date Created: 01/11/2006 Last Updated: 11/30/2010

Description

Fully leased Medical Office/Retail building across from Major Hospital located directly across from St. Johns Riverside Hospital and adjacent to the Mack-Cali owned and operated South Westchester Executive Park in Yonkers. Retail Tenants include an MRI Facility, Dunkin Donuts, Dentist, Stationary Store, Popular Italian Restaurant,. Medical Tenants include a Laboratory Corporation of America (LabCorp) as well as various medical specialists/ Doctors affilliated with the Hospital The building is fully leased with all credit tenants at market rents for the area. The property Has a $797,390.98 gross rent roll with a $682,390.98 Net Operating Income (NOI)
All leases provide for a direct pass through on all taxes and operating expenses for the building. all tenants pay for their utilities directly to utility company Ideal investment for 1031 Exchange

Located directly across from St. Johns Riverside Hospital and Adjacent to the Mack-Cali Owned and operated South Westchester Executive Park. This property is a prime investment property in a growing area. Recently constructed hotel facility and just breaking ground on the new childrens Hospital down the block. A soon to be build Assisted Living facility across the street will further enhance the value and rents for this property. A rare opportunity to own a fully leased medical/retail investments property. call for full details and income data.

Highlights

  • Directly across from St Johns Riverside Hospital
  • Outstanding parking Ratio for both medical and Retail
  • Adjacent to planned Executive Park Fully occupied
  • fabulous income producing investement property
  • Great medical building across from a highly successful hospital
  • tremendous upside potential in rent increases Area development to further enhance values and rents

Research

1034 North Braodway, Yonkers, NY 10710 (Westchester County)

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