1245 Colonial RdHewlett, NY 11557

  • Commercial real estate
  • 1,152 SF
For Sale
$1,599,000 View listing

Property Details for 1245 Colonial Rd

Year built
1900
Construction
FRAME
Lot size
0.28 AC
Property size (Sq ft)
1,152 SF
Property type
Commercial real estate
APN
41-001-00-0103
APU
41001000103

Description

This exceptional four-story commercial building, situated in a highly desirable area of Hewlett, New York, presents a unique investment opportunity. Spanning over 3,640 square feet, the property is ideally suited for medical practices, boasting a thoughtfully designed layout. Currently configured as a medical facility, the building features a welcoming main waiting area on the first floor, along with a dedicated pre-operative waiting room, a scrub room, a fully equipped AAAASF Operating Room, and a clerical area. The second floor offers two consultation rooms, two examination rooms, a photography room, and convenient bathroom facilities including one full bathroom and two half bathrooms. The building's strategic location offers easy access to the Long Island Rail Road (LIRR) and other public transportation options, ensuring convenient commuting for both staff and patients. Ample on-site parking is available, supplemented by nearby municipal parking. This turnkey medical facility presents a rare opportunity to acquire a well-established and functional space in a prime location. The building's size is approximately 3870 square feet. The asking price is $1,599,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $218,003
    Hospitality
    $199,690
    Educational
    $166,140
    Medical
    $171,854
    Retail
    $258,440

Location Insight

City
Hewlett
County
Nassau
State
New York
Latitude
40.6374
Longitude
-73.7014
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,127
$3,069
-
$3,069
-
-
-
$306,900

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