70 Glen St, Glen Cove, NY 11542
For Lease
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This exceptional 75,000 square foot medical office building in Nassau County offers immediate occupancy and a range of desirable features. The property boasts newly renovated spaces, including a state-of-the-art HVAC system, modernized elevators, and upgraded common areas. The parking lot has been repaved and includes an attendant, providing ample parking for tenants and visitors, supplemented by municipal parking options. The building also features enhanced security with an exterior buzzer system and LED lighting throughout. Units are divisible to a minimum of 315 square feet, with a maximum contiguous space of 6,500 square feet, making it suitable for a variety of medical practices. Tenants will appreciate the convenient location, with easy access to public transportation, restaurants, and shopping. Building amenities include a bank, cable and Verizon service, a fully sprinklered system, 24/7 access, a concierge, a comprehensive fitness facility, and common kitchens equipped with refrigerators. Heating is included in the rental rate, while A/C and electric are $3.75 per square foot. Negotiable workletters are available. This prime location and extensive renovations make this an unparalleled opportunity for medical professionals seeking modern, well-equipped office space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.