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125 Mineola Ave Roslyn Heights, NY 11577

High-yield, 100% occupied, NNN lease

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional six-property medical office portfolio presents a compelling investment opportunity. The portfolio comprises Class A medical office spaces totaling approximately 277,000 square feet across prime Long Island and Manhattan locations. Each property benefits from a strong tenant base under absolute NNN leases, ensuring predictable cash flow and minimal landlord responsibilities. The portfolio boasts a 7.00% cap rate and 100% occupancy, reflecting the high demand for medical office space in these thriving markets. Individual property sizes range from 1,385 square feet to 223,000 square feet, offering diverse investment options. Key locations include Roslyn Heights, West Islip, Islandia, Huntington (all in Suffolk or Nassau County, NY), Cortlandt Manor (Westchester County, NY), and a prestigious address in Manhattan, New York City. The properties are strategically situated near major highways and transportation hubs, ensuring excellent accessibility for both patients and staff. Detailed financial information, including individual property taxes and square footage, is available upon request. This portfolio represents a rare opportunity to acquire a diversified, high-performing medical office investment with significant upside potential. The properties are well-maintained and benefit from strong local demographics and healthcare expenditure trends. This is an ideal investment for those seeking stable, long-term returns in the resilient medical real estate sector.

Highlights

  • 125 Mineola Avenue: 27,324 SF freestanding building, 26,231 SF occupied, $161,254 taxes.
  • 560 Sunrise Highway: 2,584 SF freestanding building, fully occupied, $46,021.92 taxes.
  • 1345 Motor Parkway: 18,865 SF condominium, 7,305 SF occupied, plus 1,150 SF of first-floor storage, $38,060.82 taxes.
  • 120 East Main St: 1,385 SF condominium, fully occupied, $9,795.81 taxes.
  • 3795 Crompond Road: 7,140 SF freestanding building, fully occupied, $35,728.14 taxes.
  • 646 Park Ave: 1,600 SF co-op unit in a 223,000 SF building, $8,236.22 taxes.

Property Details for 125 Mineola Ave

Property type
Office properties, Medical offices
Square Feet
2,584 SF
Class
A

Location Insight

City
Roslyn Heights
County
Nassau
State
New York
Latitude
40.7878105
Longitude
-73.6509547

FAQs

What type of property is this?
Office property - High-yield, 100% occupied, NNN lease
Where is the office property located?
The property is located at 125 Mineola Ave Roslyn Heights, NY.
What are key features of this property?
This property features: 125 Mineola Avenue: 27,324 SF freestanding building, 26,231 SF occupied, $161,254 taxes.; 560 Sunrise Highway: 2,584 SF freestanding building, fully occupied, $46,021.92 taxes.; 1345 Motor Parkway: 18,865 SF condominium, 7,305 SF occupied, plus 1,150 SF of first-floor storage, $38,060.82 taxes.
How can I contact the broker?
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125 Mineola Ave
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