Single-Story Medical Office
270 DOUGHTY BLVD Inwood, NY 11096
270 DOUGHTY BLVD, Inwood, NY, 11096
$3,500,000
For Sale
$3,500,000
Built in 2004, this stand-alone medical building offers flexible exam and office space with 18 dedicated parking spaces.
Property Size3,409 SF
Price / SF$1,026
Days on Market374
Property Features for 270 DOUGHTY BLVD
General Information
- Standard status
- Active
- Size
- 3,409 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing agency
Milky Forst Properties Inc
(516) 236-8416
Listed by
Milka Forst · License #31FO0881653
(516) 236-8416
Source
Xome
Added: Jul 15, 2025 Updated: Jul 22 at 3:28PM Checked: Jul 22 at 3:28PM
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 Milky Forst Properties Inc
Investment Insights
Based on property information with market context.
Built in 2004, this modern, well-maintained, single-story Class-A medical office building is designed for efficient workflow and comfortable work areas. The interior layout can accommodate multiple treatment rooms, consultation rooms, reception areas, and administrative spaces, supporting one practice or a combination of professional uses.
The property sits on its primary site with a large private parking lot and 18 dedicated spaces, providing convenient access for patients and staff. As a stand-alone building, it also benefits from excellent visibility and accessibility.
The property sits on its primary site with a large private parking lot and 18 dedicated spaces, providing convenient access for patients and staff. As a stand-alone building, it also benefits from excellent visibility and accessibility.
Key Highlights
- Single‑story medical/professional building built in 2004
- Central air conditioning and heating system (heating listed as 3)
- 18 dedicated parking spaces in a large private parking lot
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $171.8k | $50.40 |
| − Vacancy | −$22.2k | −$6.50 |
| EGI | $149.6k | $43.90 |
| − OpEx | −$37.4k | −$10.97 |
| NOI | $112.2k | $32.92 |
3,409 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.60M
$1.40M – $1.87M
NOI $112,237 @ 7.0% cap · market cap 3.21%
Second Best
Healthcare Medical
$1.12M
$982.6K – $1.31M
NOI $78,605 @ 7.0% cap · market cap 2.25%
Theoretical Best
Office A
$2.51M
$2.20M – $2.93M
NOI $175,921 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Basil Clinical
Medical Clinic
Premier Hematology and Oncology ...
Medical Clinic
Prime Infusions - Five ...
Medical Clinic
Jay K Mehlman ...
Physician
Carlos Menera
Physician
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FAQs
What type of property is this?
Medical Office Space - Built in 2004, this stand-alone medical building offers flexible exam and office space with 18 dedicated parking spaces.
Where is this medical office space located?
The property is located at 270 DOUGHTY BLVD Inwood, NY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Single‑story medical/professional building built in 2004; Central air conditioning and heating system (heating listed as 3); 18 dedicated parking spaces in a large private parking lot
