310 E Shore, Great Neck & 333 Shore Road, Manahsset

Nassau County, Manhasset / Great Neck, New York 11023

$24,500,000   THE NORTH SHORE MEDICAL PORTFOLIO

Listing ID Number

25012

Property Description

The North Shore Medical Portfolio is a package of two elevatored medical office buildings on the North Shore of Long Island in Great Neck and Manhasset, NY.

310 E Shore Road is a 19-unit medical office building located on the Manhasset Bay waterfront in Great Neck. It is on an approximately 67,738 square foot lot and offers on-site parking for up to 200 cars.

333 Shore Road is a 9-unit medical office building consisting of multiple long-standing tenants whom have been in place since the 1990's. The sale would include the leasehold position for a ground lease with terms expiring March 31, 2064 (47 years left).

The portfolio is located conveniently within proximity to the Long Island Expressway, Northern Parkway, the Manhasset and Great Neck LIRR train stations, and multiple bus lines. The building is easily accessible with direct access to E Shore Road via Northern Boulevard.

Overview

Building Type:Commercial Buildings
Location:Manhasset Bay Waterfront, North Shore Long Island
Lot Sq Ft:131,810
combined
Commercial Units:333: 9 units / 310: 19 units
Zoning:Commercial / Business
Building Sq Ft:70,167
combined

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Senior Managing Director
(718) 512 2118
stephen.preuss@cushwake.com

Benjamin Efraimov
Director
(718) 512 2608
benjamin.efraimov@cushwake.com


Property Images

Click the image for a high resolution version.

<     /     >

Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.