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Investment Highlights

  • Dirrectly off of Hillside Ave crossroads

Executive Summary

Medical Condo. Cannot accommodate any other uses.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit LL3 & LL4
  • 2,100 SF
  • Medical
  • $274,424 CAD ($130.68 CAD/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 190
Description
Medical Arts Building offering a rare opportunity to build your ideal medical space from the ground up.

Unfinished lower level double suite with over 2,100 square feet and three private entrances, allowing for maximum flexibility and privacy. Easily configured for multiple offices with existing plumbing in place for several bathrooms.

Full service building with elevator access, ADA compliance, doorman, covered parking, and a 200+ space visitor lot.

Prime high traffic location with public transportation at your doorstep. Minutes to North Shore University Hospital, Northwell Health, Cohen Children’s Medical Center, and Long Island Jewish Medical Center.

Maintenance just over $24,000 annually.

Ideal for owner users or investors. Medical use only.
Motivated seller with flexible terms, including seller financing with low down payment and attractive rates.


Asking Price : $198,888
Sale Notes
Units LL3 & LL4 Available ( 2,000 SF ) Immediate Occupancy
Unit Unit Size Condo Use Price NOI
Unit LL3 & LL4 2,100 SF Medical $274,424 CAD ($130.68 CAD/SF) -

Unit LL3 & LL4

Unit Size
2,100 SF
Condo Use
Medical
Price
$274,424 CAD ($130.68 CAD/SF)
NOI
-

Unit LL3 & LL4

Unit Size 2,100 SF
Condo Use Medical
Price $274,424 CAD ($130.68 CAD/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 190
Description
Medical Arts Building offering a rare opportunity to build your ideal medical space from the ground up.<br> <br> Unfinished lower level double suite with over 2,100 square feet and three private entrances, allowing for maximum flexibility and privacy. Easily configured for multiple offices with existing plumbing in place for several bathrooms.<br> <br> Full service building with elevator access, ADA compliance, doorman, covered parking, and a 200+ space visitor lot.<br> <br> Prime high traffic location with public transportation at your doorstep. Minutes to North Shore University Hospital, Northwell Health, Cohen Children’s Medical Center, and Long Island Jewish Medical Center.<br> <br> Maintenance just over $24,000 annually.<br> <br> Ideal for owner users or investors. Medical use only.<br> Motivated seller with flexible terms, including seller financing with low down payment and attractive rates.<br> <br> <br> Asking Price : $198,888</li></ul>
Sale Notes
Units LL3 &amp; LL4 Available ( 2,000 SF ) Immediate Occupancy</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 73,000 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 3
Typical Floor Size 27,074 SF
Year Built 1981
Lot Size 2.35 AC
Parking Ratio 10/1,000 SF
Zoning Medical Condo - Medical Condo

Amenities

  • 24 Hour Access
  • Atrium
  • Bio-Tech/ Lab Space
  • Bus Line
  • Controlled Access
  • Convenience Store
  • Fenced Lot
  • Property Manager on Site
  • Security System
  • Wheelchair Accessible
  • Reception
  • Basement
  • Fully Carpeted
  • Air Conditioning
  • Smoke Detector
  • On-Site Security Staff
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
40/100
  • Listing ID: 39789845

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 1575 Hillside Ave, New Hyde Park, NY 11040

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