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191 Herricks Rd New Hyde Park, NY 11040
$4,650,000
  • Commercial
  • Year Built 1951
  • Mixed Use
  • ML# 3585210

Property Details

Overview

Calling All Investors, Developers & End-Users!!! MINT NNN Medical Building On Herricks Road For Sale!!! The Property Features Excellent Signage, Great Exposure, 38 Parking Spaces, High 12’ Ceilings, New Roof, 3 Phase Power, Private Parking Lot, Accessible Bathroom, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of New Hyde Park On Busy Herricks Road Just 1 Block From Jericho Tpke.!!! Neighbors Include Starbucks, UPS, Chase Bank, Citi, Buick -GMC, T-Mobile, Northwell Health, Stop & Shop, ShopRite, 7-Eleven, Dunkin’, Extra Space Storage, Tropical Smoothie Cafe, Applebee’s Bar & Grill, Taco Bell, Walgreens, Petco, LA Fitness, King Kullen, McDonald’s, Shake Shack, Jiffy Lube, Jersey Mike’s, Lidl, ++!!! The Property Is Currently Home To A Successful Medical Group That Has Over 22 Locations!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Square Care Medical Group: $312, 000 NNN Ann.; 3-10% Ann. Inc.; Lease Exp.: 1/21/28; Mammography: $50, 400 Ann.; 3-10% Ann. Inc.; Lease Exp.: 1/21/28. Gross Income: $362, 400 Ann. Expenses: Oil: $0 (NNN Lease) Electric: $0 (NNN Lease) Water: $0 (NNN Lease) Maintenance & Repairs: $0 (NNN Lease) Insurance: $0 (NNN Lease) Taxes: $0 (NNN Lease) Total Expenses: $0 (NNN Lease) Net Operating Income (NOI): $362, 400 Ann.

Key Facts

  • Lot Size: 0.47
  • Lot Sq Ft: 20661
  • Taxes: $47,481
  • Sale or Rent: Sale
  • Zoning: Office Bld
  • Block: 170
  • Lot: 9

Additional Features

  • Stories: 1

Financial

  • Taxes: $47,481
Listing Information provided courtesy of All Island Estates Realty Corp  516-783-5600
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