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The subject block-front property is a fully-leased prime five-story medical & office building with separate parking lot ideally located on the Long Island Expressway (I-495) Service Road between 163rd and 164th Streets in the Fresh Meadows section of Flushing, Queens. 

The property is anchored by New York Hospital of Queens which occupies approximately 35% of the building with a lease in place until 2018. The remaining tenancy includes medical professionals, regional organizations and national companies. The average price per SF for gross rent equals approximately $38 which shows 20% upside potential to market rents. The building has been meticulously maintained and is one of the most desirable trophy assets in the Queens Marketplace.

Click here for listing details.

Neighborhoods: Fresh Meadows/ Agents: Stephen Preuss