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505 NYS RTE 208

29,915 SF 97% Leased Office Building Monroe, NY 10950 $2,750,000 ($92/SF) 7.67% Cap Rate

Medical Offices New York Monroe 505 NYS RTE 208, Monroe, NY 10950

Investment Highlights

  • Highway access directly across the street

Executive Summary

-Presenting an exceptional opportunity to acquire a fully leased, triple net (NNN) investment property located at 505 Route 208, Monroe, NY. This property is currently occupied by Hudson Valley Radiology of RadNet Inc, a well-established leader in the medical imaging industry nationwide. Located across the street from Rt 17/86 entrance and backs up to a picturesque lake. 8 years left on the lease.

Property Facts

Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Medical
Building Size
29,915 SF
Building Class
B
Year Built
1980
Price
$2,750,000
Price Per SF
$92
Cap Rate
7.67%
NOI
$211,058
Percent Leased
97%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,958 SF
Building FAR
0.34
Lot Size
2.00 AC
Zoning
GB - Medical Offices
Parking
192 Spaces (6.42 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 10
  • 990 SF
  • Office/Medical
  • Full Build-Out
  • Now

Four offices total plus waiting room and reception area. Nice lake view, serene setting.

Space Size Space Use Condition Available
1st Fl-Ste 10 990 SF Office/Medical Full Build-Out Now

1st Fl-Ste 10

Size
990 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 10

Size 990 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Four offices total plus waiting room and reception area. Nice lake view, serene setting.

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(845) 770-1205

Contacts

  • Listing ID: 34356522

  • Date on Market: 1/3/2025

  • Last Updated:

  • Address: 505 NYS RTE 208, Monroe, NY 10950

The Office Property at 505 NYS RTE 208, Monroe, NY 10950 is currently available for sale. Contact Rand Commercial for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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505 NYS RTE 208, Monroe, NY for sale Building Photo- Image 1 of 8
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505 NYS RTE 208, Monroe, NY for sale Building Photo- Image 2 of 8
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505 NYS RTE 208, Monroe, NY for sale Building Photo- Image 3 of 8
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505 NYS RTE 208, Monroe, NY for sale Building Photo- Image 4 of 8
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505 NYS RTE 208, Monroe, NY for sale Building Photo- Image 5 of 8
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505 NYS RTE 208, Monroe, NY for sale Interior Photo- Image 6 of 8
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505 NYS RTE 208, Monroe, NY for sale Building Photo- Image 7 of 8
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505 NYS RTE 208
(845) 770-1205 x

505 NYS RTE 208

1/2

Paul Adler, Esq., SIOR

(845) 770-1205

(845) 770-1205

Jay Himelson

(845) 222-0147

(845) 222-0147

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