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11515 Sutphin Blvd
Jamaica, NY 11434

Office Property For Sale

Investment Highlights

  • NNN ‘Medtail’ Credit Lease - The medical office building was gut renovated in 2021, and is now on a long-term NNN lease.
  • Growth Strategy - Oak Street Health employs ~600 primary care providers and has over 169 medical centers across 21 states.
  • Partnership with Humana - In 2015, Oak Street Health established a strategic alliance with Humana Inc.
  • CVS Health Acquired Oak Street Health - CVS Health completed the $10.6 Billion acquisition of Oak Street Health in May ‘23.
  • Chosen Provider of AARP - In 2021, Oak Street Health was selected by AARP as the only primary care provider to carry its name.
  • Accessibility - Located at a Q6 bus stop, also an eight-minute drive to JFK Airport & Downtown Jamaica

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
7,200 SF
Building Class
C
Year Built/Renovated
1931/2021
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,200 SF
Building FAR
0.63
Lot Size
0.26 AC
Zoning
R5D, C2-3
Parking
5 Spaces (0.69 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12188-0001
Land Assessment
$89,261
Improvements Assessment
$445,010
Total Assessment
$534,270
  • Listing ID: 28629956

  • Date on Market: 2023-06-01

  • Last Updated:

  • Address: 11515 Sutphin Blvd, Jamaica, NY 11434

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