Building Details

Units 2

Listing Agency: Brown Harris Stevens Garden City e***@bhsusa.com Show Phone

Listed By: David Sargoy · License #NY

Source: Crexi

Added: Mar 20 Changed: Aug 8 Last Checked: Aug 8 at 6:35AM

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Investment Insights

Based on property information with market context.

The Medical Arts Building presents an opportunity to develop a customized medical space. The available unfinished lower level double suite offers over 2,100 square feet and features three private entrances, providing flexibility and privacy. The existing plumbing allows for the configuration of multiple offices and bathrooms. The full-service building includes elevator access, ADA compliance, a doorman, and covered parking. A visitor lot with over 200 spaces is available. The annual maintenance is just over $24,000.

Key Highlights

• Unfinished 2,100+ sq ft double suite allows for customizable medical space.
• Three private entrances offer maximum flexibility and privacy.
• Existing plumbing facilitates easy configuration for multiple offices and bathrooms.

Property Analytics

Property Profile

Current Use

New Hyde Park ... Medical Clinic Pandya Dental Care Dental Office Long Island Biofeedback ... Physician Pagano Carl DDS Dental Office Fit To Function Therapy Physician

Suggested Use

Top Pick Daycare Center Barber Shop Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,092

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 11040, NY

43,075

Population

14,608

Households

2.9

Avg Household Size

45

Median Age

56%

College-Educated

92%

High-School Grad

4.8 sq mi

ZIP Area

8,974

Density / Sq Mi

$153,511

Median Household Income

$70,649

Median Earnings

$2,388

Median Rent

$795,300

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Banfield Pet Hospital — 1600 Marcus Ave, New Hyde Park, NY 11040

Frequently Asked Questions

What type of property is this?

Medical Office Space - Unfinished medical space with flexible configuration and private entrances.

Where is this medical office space located?

The property is located at 1575 Hillside Ave. North New Hyde Park, NY.

What is the asking price?

The asking price for this property is $198,888.

What are key features of this property?

This property features: Unfinished 2,100+ sq ft double suite allows for customizable medical space.; Three private entrances offer maximum flexibility and privacy.; Existing plumbing facilitates easy configuration for multiple offices and bathrooms.