request_info_guest false

159-05 Union Turnpike

$54,000,000

159-05 Union Turnpike, Fresh Meadows, NY 11366

Active
Last Updated: 11/03/2022

79,800 sqft

Building Size

A

Class

Details:
Building Size:    79,800 sqft
Class:    A
Highlights:
  • Strong tenants with long-term leases in-place
  • Underwent a $10 million capital improvement project between 2005-2007
  • Exterior recently underwent a $700,000 facade, re-pointing and lintel replacement project
  • Centrally located within walking distance from reputable hospitals
  • Well parked with 54 parking spaces
  • Essential businesses servicing a demand within the community
  • Minimal landlord responsibilities NN Lease
Description:

Avison Young has been engaged by Ownership to offer for sale 159-05 Union Turnpike (the “Property”) located in the heart of Fresh Meadows, Queens. Positioned just off Parsons Boulevard on Union Turnpike, this medical facility spans ± 79,800 square feet across 5 stories. Originally constructed in 1960 and gut renovated from 2005-7, the building has been excellently maintained and requires minimal maintenance. The Property is fully leased to an addiction treatment and rehabilitation center and a facility which supports young adults with physical and intellectual disabilities: Cornerstone Treatment Facilities and HeartShare Human Services of New York.

Fresh Meadows - Queens - New York

Map:
Documents:
Title
159-05_Union_Turnpike_Flyer.pdf
View
159-05_Union_Turnpike_Flyer.pdf
View
* Documents permissions are set by the listing owner, request information to access locked documents.
Location