For Sale: Barstow Medical Center in Great Neck, NY

29 Barstow Rd, Great Neck, New York 11021

Executive Summary:

Price:	$9,500,000
Building Size:	23,118 SF
Property Type:	Medical Office
Lot Size:	0.34 Acres
Year Built:	1973
Cap Rate:	6.57%
NOI:	$624,231
Location:	29 Barstow Rd Great Neck, NY 11021

Investment Highlights

Two Blocks From Great Neck LIRR Station
Walking Distance to Neighborhood Restaurants, Banks etc.
Ample Parking With Covered Spaces
Great Lease-Up Opportunity
Property has 1 Elevator
Short Distance from Other Well-Known Medical Centers
Strong 1-3 Mile Household Income Demographics

Investment Summary

American Investment Properties is retained to sell the property at 29 Barstow Rd in Great Neck, NY. The Barstow Medical Center has 25 Units with 20,994 rentable square footage. There is on-site parking with 75 spaces and the building has elevator access.

The property is located two blocks away from the Great Neck LIRR train station and is within walking distance of many of Great Neck’s local amenities.

About Great Neck, NY

Great Neck is a village in Nassau County located on the North Shore of Long Island, New York.

The residents of Great Neck are very well-educated, recognize importance in their education and have high expectations for their school system. The Great Neck School District is the school district of the area. About 6,000 students, grades K-12, attend the Great Neck Public Schools. It composes of three high schools, two middle schools, and four elementary schools.

Great Neck is known for its wonderful community environment that the area offers resident’s great amenities like a senior citizens center, many temples and churches, adult education classes and art classes, and many more. Great Neck also has many beautiful waterfront views and easy waterfront access. Recreational activities like sailing and tennis are abundant in the area.