13435 Springfield Blvd
Springfield Gardens, NY 11413

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 134-35 Springfield Boulevard in Laurelton, Queens. The subject property is a newly renovated commercial building which is fully leased to a New York City School on the first floor and a dialysis center on the lower level. The property features 20 on-site parking spaces, and a new playground for the school in the rear of the property. The building also features an elevator and is fully-sprinklered. The 3-K School Program, through the New York City School Construction Authority, recently leased and renovated the entire first floor and rear yard of the property. The lease was executed in April of 2020 and will be in effect through 2035. The Springfield Dialysis Center has been a tenant in the building for nearly two decades, since 2001, and recently renewed their lease until 2032. The medical office is an affiliate of Atlantic Dialysis Management Services, LLC which has thirteen (13) locations in the five boroughs and Long Island. The Dialysis Center also covers 50% of the increase in taxes over their 2002 base year which equates to nearly 50% of the total property taxes. 134-35 Springfield Boulevard is located just south of the Merrick Boulevard / Springfield Boulevard intersection which sees over 46,000 cars passing daily. Surrounding the property is number of credit retail tenants including The Home Depot, Municipal Credit Union, Bank of America, Stop & Shop, and Walgreens, among others. The LIRR is conveniently located within one-mile at the Laurelton station. The Belt Parkway is also in proximity to the property allowing convenient access to the Southern State and Cross Island Parkways. Site inspections are by appointment only, please inquire with Exclusive Brokers to arrange.