Renovated Medical Office
For Sale
Contact for pricing
Pending
23-22 30th Ave., Queens, NY 11102
Fee simple medical office building is 100% occupied by two tenants under NNN leases with annual rent increases.
Property Size9,749 SF
Days on Market117
Property Features for 23-22 30th Ave.
General Information
Standard status
Pending
Size
9,749 SF
Property subtype
Office
Occupancy
100%
Amenities
elevator access
Building Details
Year Renovated
2023
Tenancy
Multi
Listing Agency:
CBRE - Saddle Brook
Listed By:
Karly Iacono · License #NY 10401274993
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Aug 3 at 3:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Saddle Brook
Investment Insights
Based on property information with market context.
CBRE, on behalf of ownership, is pleased to exclusively offer the fee simple interest in a free-standing 9,749-square-foot medical office building. The property is 100% occupied by Mount Sinai Hospital and Motion PT Management under NNN leases with attractive annual rent increases. The building includes elevator access on all floors and was renovated in 2023 with a new roof, façade, and canopy. The lease includes an additional guaranty by United Healthcare through September 30, 2027.
Services at the subject property include radiation and oncology treatments for Mount Sinai Hospital, and Motion PT Management provides physical, occupational, and speech therapy services across 60 locations in four states. The property is positioned adjacent to Mount Sinai Queens Hospital, which has 235 staffed beds. It is also conveniently located near public transportation, including the 30th Avenue subway station and multiple bus stops.
Services at the subject property include radiation and oncology treatments for Mount Sinai Hospital, and Motion PT Management provides physical, occupational, and speech therapy services across 60 locations in four states. The property is positioned adjacent to Mount Sinai Queens Hospital, which has 235 staffed beds. It is also conveniently located near public transportation, including the 30th Avenue subway station and multiple bus stops.
Key Highlights
- 9,749 SF medical office building offered on a fee simple basis, 100% occupied by Mount Sinai Hospital and Motion PT Management
- Both tenants are on NNN leases with attractive annual rent increases
- Mount Sinai lease includes an additional guaranty by United Healthcare (NYSE: UNH) through September 30, 2027
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,686
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11102, NY
37,468
Population
19,431
Households
1.9
Avg Household Size
36
Median Age
58%
College-Educated
90%
High-School Grad
0.7 sq mi
ZIP Area
53,526
Density / Sq Mi
$102,996
Median Household Income
$70,557
Median Earnings
$2,248
Median Rent
$779,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fee simple medical office building is 100% occupied by two tenants under NNN leases with annual rent increases.
Where is this medical office space located?
The property is located at 23-22 30th Ave. Queens, NY.
What are key features of this property?
This property features: 9,749 SF medical office building offered on a fee simple basis, 100% occupied by Mount Sinai Hospital and Motion PT Management; Both tenants are on NNN leases with attractive annual rent increases; Mount Sinai lease includes an additional guaranty by United Healthcare (NYSE: UNH) through September 30, 2027
