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    877 Stewart Ave Garden City, NY 11530

    For Sale
    $850,000

    Prime Medical Office, Garden City, NY

    Property size:
    1,642 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,642 sq ft Class A medical condo, located at 877 Stewart Ave in Garden City, NY, is offered for sale at $850,000. Built in 1988 and renovated in 2015, this single-unit, 100% occupied property boasts a desirable location near major highways and Roosevelt Field Mall. The space includes four exam rooms, a spacious reception area, a waiting room with twelve chairs, a kitchenette, two private offices, and a gym area. Additional amenities include on-site lab and storage facilities. The property sits on a large 186,001 sq ft lot and offers ample parking with 500 spaces available. The lease type is NNN, and the property features a phone line. Its convenient location provides easy access to public transportation, ensuring both patient and staff convenience. This turnkey medical office presents a unique opportunity for medical professionals seeking a well-equipped and strategically located practice in a high-traffic area of Nassau County. The property is a single-story building within a larger complex. This owner-user investment opportunity is priced at $517.66 per square foot.

    Property Features for 877 Stewart Ave

    General Information

    Property type
    Medical offices
    Square Feet
    1,642 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1988/2015
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 1,642 sq ft Class A medical condo for sale at $850,000 ($517.66/sq ft).
    • Located at 877 Stewart Ave, Garden City, NY, near major highways and Roosevelt Field Mall.
    • Built in 1988, renovated in 2015, 100% occupied with NNN lease.
    • Features four exam rooms, reception area, waiting room, kitchenette, two offices, gym, and on‑site lab/storage.
    • Single‑story building on a large lot with 500 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marissa D. Fox, ... Pediatrician Conte and Green Dental Dentist Lebovic Marcie w ... Dentist Profile : Physical Therapy ... Physical Therapist Nikolaos Vartholomeos, PT Physical Therapist

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garden City
    County
    Nassau
    State
    New York
    Longitude
    -73.6022902
    Latitude
    40.7350951

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, Garden City, NY
    Where is this medical office located?
    The property is located at 877 Stewart Ave Garden City, NY.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 1,642 sq ft Class A medical condo for sale at $850,000 ($517.66/sq ft).; Located at 877 Stewart Ave, Garden City, NY, near major highways and Roosevelt Field Mall.; Built in 1988, renovated in 2015, 100% occupied with NNN lease.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    877 Stewart Ave Garden City, NY 11530
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