Rare Investment Opportunity | 29 Barstow Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Rare Investment Opportunity 29 Barstow Rd
23,118 SF 60% Leased Office Building Great Neck, NY 11021 £7,584,096 (£328/SF) 6.23% Net Initial Yield
Executive Summary
A fantastic opportunity for investors looking to secure a property in a prime location with medical and professional office use. The property offers 23,118 Square Feet of space, perfect for a variety of commercial needs. Built in 1973, it has recently undergone remodeling and renovation, such as New Boiler, Roof, hallways with New paint, carpet and LED Lighting. Ensuring a comfortable and efficient space for tenants. For additional tenants’ convenience, all suites includes private bathrooms.
Situated in the heart of Great Neck Plaza , a well known area for its affluent population, excellent schools, and bustling business community. The area is highly desirable due to its proximity to the LIRR and town shopping, making it an ideal commercial spot for any kind of business.
The property includes underground parking, providing secure and convenient access to over 75 parking spaces. Additionally, with long-term tenants in place, the property offers a stable and reliable source of income for potential investors or owners.
Situated in the heart of Great Neck Plaza , a well known area for its affluent population, excellent schools, and bustling business community. The area is highly desirable due to its proximity to the LIRR and town shopping, making it an ideal commercial spot for any kind of business.
The property includes underground parking, providing secure and convenient access to over 75 parking spaces. Additionally, with long-term tenants in place, the property offers a stable and reliable source of income for potential investors or owners.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
23,118 SF
Building Class
B
Year Built/Renovated
1973/2001
Price
£7,584,096
Price Per SF
£328
Net Initial Yield
6.23%
NOI
£472,394
Percent Leased
60%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
7,706 SF
Slab to Slab
10 ft
Building FAR
1.56
Land Acres
0.34 AC
Zoning
Residence D
Parking
75 Spaces (3.24 Spaces per 1,000 SF Leased)
1 of 1
Walk Score ®
Very Walkable (87)
PROPERTY TAXES
Parcel Number | 2213-02-192-00-0083-0 | Improvements Assessment | £29,512 |
Land Assessment | £4,148 | Total Assessment | £33,659 |
PROPERTY TAXES
Parcel Number
2213-02-192-00-0083-0
Land Assessment
£4,148
Improvements Assessment
£29,512
Total Assessment
£33,659
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Rare Investment Opportunity | 29 Barstow Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.