159-05 Union Tpke | Fresh Meadows, NY 11366
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159-05 Union Tpke
Fresh Meadows, NY 11366
Specialty Property For Sale
·
79,800 SF
INVESTMENT HIGHLIGHTS
- Boutique medical office building spanning 79,800 square feet above grade in Fresh Meadows, Queens.
- Current NOI of $2.63MM, contractually increasing to over $2.85MM by January 2023
- Well-located one block from NYC Health & Hospital Queens branch in area with limited supply
- Fully occupied by premier addiction and rehabilitation tenants with a WALT of 14.2 years
- Building maintained in excellent condition and fully re-pointed two years ago
PROPERTY FACTS
| Property Type | Specialty | No. Stories | 5 |
| Building Class | A | Year Built | 1960 |
| Lot Size | 1.83 AC | Parking Ratio | 2.29/1,000 SF |
| Building Size | 79,800 SF | ||
| Zoning | R5D / C1-3 | ||
| Property Type | Specialty |
| Building Class | A |
| Lot Size | 1.83 AC |
| Building Size | 79,800 SF |
| No. Stories | 5 |
| Year Built | 1960 |
| Parking Ratio | 2.29/1,000 SF |
| Zoning | R5D / C1-3 |
PROPERTY TAXES
| Parcel Number | 06831-0022 | Improvements Assessment | $12,922,470 |
| Land Assessment | $1,683,000 | Total Assessment | $14,605,470 |
PROPERTY TAXES
Parcel Number
06831-0022
Land Assessment
$1,683,000
Improvements Assessment
$12,922,470
Total Assessment
$14,605,470
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