16401 81st Ave 30,800 SF Office Building Jamaica, NY 11432 $18,443,130 CAD ($598.80 CAD/SF) 8.58% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy day time traffic
- Updated interior
- Near hospital and college
EXECUTIVE SUMMARY
This property enjoys an exceptionally strategic location on a major thoroughfare, boasting high visibility, prominent signage, and excellent access. Situated within 1 to 3 blocks of Kew Garden Hills, Fresh Meadows, Hillcrest, and Jamaica, it provides convenient access for patients and staff. Furthermore, its proximity to major hospitals, including Queens Hospital Center, St. John's University, Grand Central Parkway, schools, airports, and public transportation ensures a consistent demand for medical services within a densely populated residential area.
This 30,000 square foot medical building presents a compelling investment opportunity in a vital healthcare hub, leveraging the prestige of an NYU Langone affiliation and a demonstrated strong financial performance.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Concierge
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Leon B Eisikowitz MD
- Health Care and Social Assistance
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99,999 SF
- -
- -
Local cardiology practice located in Queens, New York.
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- Educational Services
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99,999 SF
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Jan 0000
Since its founding in 1831, NYU has been an innovator in higher education, reaching out to an emerging middle class, embracing an urban identity and professional focus, and promoting a global vision that informs its schools and colleges. Today, that trailblazing spirit makes NYU one of the most prominent and respected research universities in the world, featuring top-ranked academic programs and accepting fewer than one in eight undergraduates. Anchored in New York City and with degree-granting campuses in Abu Dhabi and Shanghai as well as study away sites throughout the world, NYU is a leader in global education, with more international students and more students studying abroad than any other US university. NYU students come from nearly every state and worldwide, and the university draws upon the diverse backgrounds of their faculty, staff, and students, ensuring its scholarship and teaching benefit from a wide range of perspectives.
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- Health Care and Social Assistance
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99,999 SF
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Jan 0000
Queens Dental Design PLLC is dedicated to providing the finest dental care to the members of the Jamaica community and its surrounding environs. Exemplary patient care, outstanding aesthetic results, compassion, and integrity are the cornerstones of their dental practice. Incorporating the latest technology, their state-of-the-art practice specializes in preventive, cosmetic, restorative, and implant dentistry. Your visits with them are all about you, your happiness, your comfort, and your dental health. Their patients expect and receive the finest care with a gentle touch each and every time they see them. In the 21st century, dentistry has evolved into a science that maintains function, form, health, and a beautiful smile for a lifetime. The more you know, the better equipped you are to make wise decisions about your health care. Among their most important functions is to educate their patients as to their treatment options.
- Xerox
- Administrative and Support Services
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99,999 SF
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Leon B Eisikowitz MD | Health Care and Social Assistance | 99,999 SF | - | - | ||
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Educational Services | 99,999 SF | - | Jan 0000 | ||
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Health Care and Social Assistance | 99,999 SF | - | Jan 0000 | ||
| Xerox | Administrative and Support Services | 99,999 SF | - | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
For Sale or For Lease: A Prime Location Medical Building: Address: 80-15 and 80-21 164 Street, Jamaica, NY., 11432 (Off Union Turnpike and 164th Street. ). We're located 3 blocks from 4 different neighborhood. See Video: https://youtu.be/W0fD1_ONuvA Please download attached Brochure. Description: 30,000 Sq.Ft. Medical Building with Parking: Located within 3 blocks to Kew Garden Hills, Fresh Meadows, Hillcrest and Jamaica. Situated near 2 Major Hospitals, St. John's University, Grand Central Parkway, schools, Airports. Public transportation, etc. Ideal Use: Medical, School, Corporate Office, Religious facility, etc For Lease or For Sale Price: Call Listing Brokers: Please download brochure -Akiva Teitz Of Astor Brokerage: 718-644- 4888 (cell) -Victor Weinberger Of REMAX Team: 917-806-7040 (cell)
For Sale or For Lease: A Prime Location Medical Building: Address: 80-15 and 80-21 164 Street, Jamaica, NY., 11432 (Off Union Turnpike and 164th Street. ). We're located 3 blocks from 4 different neighborhood. See Video: https://youtu.be/W0fD1_ONuvA Please download attached Brochure. Description: 30,000 Sq.Ft. Medical Building with Parking: Located within 3 blocks to Kew Garden Hills, Fresh Meadows, Hillcrest and Jamaica. Situated near 2 Major Hospitals, St. John's University, Grand Central Parkway, schools, Airports. Public transportation, etc. Ideal Use: Medical, School, Corporate Office, Religious facility, etc For Lease or For Sale Price: Call Listing Brokers: Please download brochure -Akiva Teitz Of Astor Brokerage: 718-644- 4888 (cell) -Victor Weinberger Of REMAX Team: 917-806-7040 (cell)
- 1st Fl-Ste 8015 Suite 105
- 6,400 SF
- Office/Medical
- Full Build-Out
- Now
For Sale or For Lease: A Prime Location Medical Building: Address: 80-15 and 80-21 164 Street, Jamaica, NY., 11432 (Off Union Turnpike and 164th Street. ). We're located 3 blocks from 4 different neighborhood. See Video: https://youtu.be/W0fD1_ONuvA Please download attached Brochure. Description: 30,000 Sq.Ft. Medical Building with Parking: Located within 3 blocks to Kew Garden Hills, Fresh Meadows, Hillcrest and Jamaica. Situated near 2 Major Hospitals, St. John's University, Grand Central Parkway, schools, Airports. Public transportation, etc. Ideal Use: Medical, School, Corporate Office, Religious facility, etc For Lease or For Sale Price: Call Listing Brokers: Please download brochure -Akiva Teitz Of Astor Brokerage: 718-644- 4888 (cell) -Victor Weinberger Of REMAX Team: 917-806-7040 (cell)
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 8,200 SF | Medical | Full Build-Out | 30 Days |
| 1st Fl-Ste 1 | 3,000 SF | Office | Partial Build-Out | Now |
| 1st Fl-Ste 8015 Suite 105 | 6,400 SF | Office/Medical | Full Build-Out | Now |
| 2nd Floor | 1,800 SF | Medical | Full Build-Out | 30 Days |
1st Floor
| Size |
| 8,200 SF |
| Space Use |
| Medical |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 1
| Size |
| 3,000 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 8015 Suite 105
| Size |
| 6,400 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 1,800 SF |
| Space Use |
| Medical |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,166,531 CAD (2024) | |
| Land Assessment | $886,009 CAD (2024) | Total Assessment | $4,052,541 CAD (2024) |
CONTACTS
-
Solomon Teitz -
Chanita Teitz - Astor Brokerage
