Project Description

Bank & Medical Office Buildings in Valley Stream, NY

235 Rockaway Ave & 11 East Hawthorne Ave, Valley Stream, New York 11580

Executive Summary:

Price: $3,850,000
Building Size: 16,000 SF
Property Type: Bank & Medical office
Lot Size: 0.21 Acres
Year Built: 1926 & 1955
Cap Rate: 6.5%
NOI: $250,325
235 Rockaway Ave & 11 E Hawthorne Ave, Valley Stream, NY 11580

Investment Highlights

  • Bank & Office Opportunity Available For Lease or For Sale
  • Portfolio Consisting of 1 Vacant Bank Building & 1 Medical Office Building
  • The Bank Was Formerly Occupied by Chase Bank For Many Years
  • Prime Location in Valley Stream Near Retail Amenities Including Gyms, Stores, & Restaurants
  • 1/2 Mile From Valley Stream LIRR Station and Near The Busy Sunrise Highway

Investment Summary

American Investment Properties is exclusively retained to sell 235 Rockaway Ave and 11 East Hawthorne Ave in Valley Stream, New York. At this location is a 2 property portfolio.

The portfolio consists of a vacant bank formerly used by JP Morgan Chase, and a fully occupied medical office building. This opportunity is available for lease and for sale.

The portfolio sits in a prime location of Valley Stream near retail amenities, Valley Stream LIRR Station, and the busy Sunrise Highway.

About Valley Stream, NY

Valley Stream is a village located in Nassau County, Long Island, New York. It is in the southwest part of the Town of Hempstead along the border with Queens. The communities bordering the village are Elmont, Lynbrook, Rockville Centre, Malverne, Franklin Square, Garden City, Rosedale, Hewlett, and Woodmere.

Valley Stream is sub-divided into two parts namely North Valley Stream and South Valley Stream. There are also different sections of Valley Stream such as Parkwold Estates, Valley Stream Woods, Gibson, and Valley Greens. It is served by the Long Island Rail Road at the Valley Station which located at Sunrise Highway and Franklin Avenue.

School districts consist of Valley Stream 30, Valley Stream 13, Valley Stream 24, Hewlett–Woodmere, Elmont, and Lawrence. When it comes to attractions, the village has something to be proud of having the world’s famous Valley Stream Park which was originally part of the Brooklyn water supply system. The park offers a playground and playing fields, picnic tables, a nature trail, and so much more a perfect place to spend together with your families.

Contact Broker

Dawn Assael Gingold
Sales Associate
(O) 516.393.2300
(C) 917.696.3630

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
(O) 516.393.2300
(F) 516.390.5780

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