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8708 Justice Ave - Queens Center Plaza 938 SF Medical Condo Unit Offered at $670,000 in Elmhurst, NY 11373
INVESTMENT HIGHLIGHTS
- Unrivaled Accessibility: Nestled on the ground floor with seamless entry for patients and staff.
- Flexible Footprints: The space offers the unique ability to create a customized flow, or even utilize one unit while leasing the other.
- Retail Proximity: Minutes away from Queens Center Mall, providing your staff and clients with world class shopping options.
- Ultimate Amenity: Includes one assigned parking space, a high value rarity in Elmhurst that ensures convenience for practitioners or VIP patients.
- Ideal Use: Perfectly configured for primary care, physical therapy, dental or aesthetic services.
EXECUTIVE SUMMARY
Elevate your practice in the core of one of Queens' most thriving medical corridors. This ground level medical suite at 87-08 Justice Ave comprises two distinct units totaling 938 square feet, featuring a sprawling and versatile layout with a dedicated parking space. Situated just steps away from the vibrant commercial hub of Broadway and Queens Blvd, benefiting from relentless foot traffic and proximity to the neighborhood's most vital anchors. Whether you are launching a general medical clinic, a physical therapy facility, a dental practice, a wellness center, an aesthetic med-spa or an urgent care center, this turnkey suite delivers the professional prestige your clients expect.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Office
SITE AMENITIES
- Smoke Free
- Public Transportation
- Private Bathroom
1 UNIT AVAILABLE
Unit CK/CR
| Unit Size | 938 SF | Cap Rate | 7.00% |
| Price | $670,000 | NOI | $46,900 |
| Price Per SF | $714.29 | No. Parking Spaces | 1 |
| Condo Use | Medical | Sale Conditions | 1031 Exchange, Lease Option |
| Sale Type | Investment or Owner User | APN/Parcel ID | 01842-1046 |
| Unit Size | 938 SF |
| Price | $670,000 |
| Price Per SF | $714.29 |
| Condo Use | Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.00% |
| NOI | $46,900 |
| No. Parking Spaces | 1 |
| Sale Conditions | 1031 Exchange, Lease Option |
| APN/Parcel ID | 01842-1046 |
DESCRIPTION
Turnkey Medical Suite with Assigned Parking in the Heart of Elmhurst.
This meticulously maintained medical suite is expertly configured with a welcoming reception and waiting area, four exam or consultation rooms, a break room, and two bathrooms. Ground-level entry ensures effortless patients/clients accessibility, this double-suite is fully built-out and move in ready, saving you months of renovation.
SALE NOTES
Prime Ground-Floor Medical Condo Unit - 938 SF with a Dedicated Parking Space in One of Queens' Most Densely Populated and Accessible Neighborhoods.
#C-K:
Common charges: $414.38/month
Property taxes: $3449.24/year
#C-R:
Common charges: $364.38/month
Property taxes: $3449.24/year
Total common charges: $778.76/ month, water included.
Total property taxes: $6898.48/year.
Additional $25/month for trash removal
Occupants pay for their own electricity and insurance
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 100 | - | - |
Presented by
Block & Lot Services Inc
8708 Justice Ave - Queens Center Plaza
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