Healthcare

55-01 Myrtle Avenue

55-01 Myrtle Ave Ridgewood, New York United States 11385

Asking Price Contact for pricing

NOI Net Operating Income N/A

Cap Rate N/A

Asking Price Contact for pricing

NOI Net Operating Income N/A

Cap Rate N/A

Documents

Confidentiality Agreement

I accept the confidentiality agreement

Key Facts

Year Built	2020
Building Area
Occupancy	100.0 %

Property Description

The MOB is located on Myrtle Avenue, a dense commercial corridor, at the crossroads of St. Nicholas Avenue and Madison Street. With over 50’ of frontage, the Property is highly visible from multiple angles and is approximately 10 blocks from the 350-bed Wyckoff Heights Medical Center. Furthermore, the Property is located 2 blocks from the Myrtle-Wyckoff Avenue Subway Station providing accessibility and connectivity to and from Brooklyn, Manhattan, and the rest of Queens.

Investment Highlights

Jones Lang LaSalle (“JLL”) is pleased to offer for sale the fee simple interest in 55-01 Myrtle Avenue located in the Ridgewood neighborhood of Queens, New York (the “Property” or “MOB”). The 21,154 square foot, Class A, medical office building was purpose built in 2020 and is 100% leased to two tenants, Zwanger-Pesiri Radiology (“ZPR”) and Mark Medical Care (“MCC”), featuring a weighted average remaining lease term of more than 18 years, and annual rent escalations averaging 2.85%.

Last Updated Date: 02 Sep 2020

Steven Rutman

Director, Capital Markets

License details

NJ-1220994 PA-RS320021 NY-10401278083

+12126321828

Ben Appel

Managing Director

+14845324214

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Last Updated Date: 02 Sep 2020