New Listing - 10/14/2024

$4,650,000

Est. Mortgage $22,303/mo *

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191 Herricks Road, Old Westbury, (New Hyde Park), NY, 11040

191 Herricks Road, Old Westbury, (New Hyde Park), NY, 11040
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1951

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.

Status:

Active

Town:

Old Westbury

Type:

Commercial

Units:

2

Zoning:

Office Bld

Levels:

1

Acreage:

0.47

Est. Taxes:

$47,481

MLS #:

3585210

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Listing courtesy of All Island Estates Realty Corp 516-783-5600