Office Center in Fresh Meadows, NY

163-03 HORACE HARDING EXPY, FRESH MEADOWS, NEW YORK 11365

Executive Summary:

Price:	$21,000,000
Building Size:	45,374 SF
Property Type:	Office
Lot Size:	0.45 Acres
Year Built:	1972
Cap Rate:	8.06%
NOI:	$1,692,787
Location:	163-03 Horace Harding Expy, Fresh Meadows, NY 11365

Investment Highlights

For Sale: Medical Office Building in Fresh Meadows, NY
Located on the Corner of Horace Harding Expressway & 163rd St
Building has an Elevator
Consists of 9 Medical Spaces and 4 Antennas
65 On-Site Parking Spaces

Investment Summary

American Investment Properties is retained to sell the property located at 163-03 Horace Harding Expy, Fresh Meadows, NY. At this location is a fully-occupied office center consisting of several tenants. The building has elevator access and the property has 65 on-site parking spaces.

About Fresh Meadows, NY

Location: Northeastern Queens, bordered by Union Turnpike, Horace Harding Expressway, Francis Lewis Blvd, and Fresh Meadow Lane.
Atmosphere: Peaceful, residential, with a strong sense of community, praised for raising families.
Diversity: Highly diverse, with significant Asian (especially Chinese) and White populations, along with Black, Hispanic, and Jewish communities.
Housing: A mix of apartment complexes (like large garden-style communities) and single-family homes, with a high median home sale price.