Property profile

700 Stewart Ave Garden City, NY 11530

FOR LEASE
Office buildings
Property ID
US63-2782168
10,032 SF 1 ac lot Built 1992
Entity Owned Absentee Owner ~ Est. High Equity
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700 Stewart Ave, Garden City, NY 11530 For Lease
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700 Stewart Ave, Garden City, NY 11530
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Property summary

AI-generated overview

This exceptional 17,000 square foot medical office building, located at 700 Stewart Avenue in Garden City, NY 11530, presents a unique investment opportunity. Constructed in 1992, this Class B property boasts a desirable location and features two stories, one building situated on one acre of land. The building includes elevators for convenient access. Currently offering multiple tenancies, there are two immediately available spaces ranging from 1,200 to 4,600 square feet, perfect for expanding practices or establishing a new presence. The property's excellent visibility provides a significant monument signage opportunity, enhancing brand recognition and attracting new patients. This well-maintained building offers a blend of functionality and prime location, making it an ideal choice for medical professionals seeking a thriving practice environment in the heart of Garden City. The property's strategic location within Garden City, New York, ensures easy access for patients and staff. This is a rare opportunity to acquire a well-established medical office building with significant growth potential. The available spaces offer flexibility for various medical specialties and sizes. Don't miss this chance to secure a prominent position in a highly sought-after medical market.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,032 SF
Lot 1 ac (43,516 SF)
APN 44-00D-00-0145
UPID US63-2782168

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Hospital
  • Physician
  • Physician
  • Physician
  • Physician

Location

700 Stewart Ave Garden City, NY 11530
Garden City metro Census 407301 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.83M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.14M

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2018
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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