44-01 Little Neck Parkway #0

Exclusive Listing>>>>>>>>>Doctor?s Office + Property at Little Neck Pkwy>>>>>Asking Price $ 1,395,000 This well established Doctor’s office is situated on a 7886 sq. ft. of property with 1427 sq. ft. of office space, private driveway and one car garage. Located at the corner of Little Neck Pkwy and 52nd Ave, across the street from Little Neck Hills ,two blocks away from Great Neck, Between L.I.E. and Northern Blvd. A very visible and noticeable location that will be beneficial for any profession. Zoning is for one family house (R1-2), F A R of .5, with commercial C of O that allows for additional air rights (2516 sq. ft.). $10228, Annual R.E.Tax. Full basement used as storage and Doctor’s office, new roof, new hot water system. Central air and oil heating system. First floor consists of waiting area, receptionist section and additional five smaller patient examination rooms. Rooms have water connections for dental practices. A rare opportunity for Doctor, Dentist, Lawyer or any distinguished profession. Located in proximity of Great Neck, 15 minutes to L .I .J. and North Shore Hospital . Also Available for NNN lease at $45.00 Per Sq.

As for investment at the current market rate, it has a 5 % Cap Rate. With additional build-able air right, the Cap rate will be at 9%. To view this exclusive listing call or e-mail broker for appointment.
Little Neck is an upper middle class neighborhood of Queens, New York City, bordered on the north by Little Neck Bay and on the east by Great Neck in Nassau County. Due to this proximity to Nassau, Little Neck remains one of the most suburban-looking areas in New York City. The southern border is the Grand Central Parkway, and to the west is Douglaston. The Little Neck station is the easternmost New York City station on the Port Washington Branch of the Long Island Rail Road (LIRR). The neighborhood is part of Queens Community Board