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Executive Summary

Contact Exclusive Listing Associate Broker for Details::: HOOTAN MOEIRZADEH -(516) 441-2646 (Mobile) Hootan.Moeirzadeh@elliman.com _________________________________________________ SEE MORE LISTINGS: https://www.ellimancommercial.com/Hootan-Moeirzadeh https://www.loopnet.com/brokerdirectory/profile/Hootan-Moeirzadeh/kb34vb8 HootanRE.com _______________________________________________________ Welcome to 877 Stewart Ave, Garden City, NY 11530 — Suites #s 15, 16 & 17 Premier Medical Office Condo Opportunity Note: *Each Suite may be sold individually and or as a package* This premier Investment & Owner/User opportunity represents a rare chance to acquire multiple suites within one of Garden City’s most established and highly recognized medical office buildings. The property is home to top-tier A+ medical groups, providing exceptional stability, prestige, and long-term value for both investors and owner users. Property Highlights Highly desirable medical/professional building with strong owner user occupancy Four separate access points (front, right, left, and rear) providing convenient patient drop off and staff entry Marble flooring throughout common areas Abundant on site parking — approx. 200+/- spaces Flexible layout suitable for a wide range of medical and professional uses Located within a well established professional plaza serving affluent surrounding communities Access & Connectivity Exceptional access to major highways and public transportation — a major advantage for both patients and staff Centrally located near key amenities including: Shopping centers Medical and professional buildings Restaurants, retail, grocery stores Post office, DMV, schools, Gym Facilities and more Market & Location Advantage Situated in affluent, highly accessible Nassau County, 877 Stewart Avenue offers an exceptional combination of prestige, convenience, and long term stability. The property features a massive wrap around parking lot, outstanding transit connectivity, and close proximity to several major regional hospitals, making it a premier destination for medical professionals and patients alike. This combined multi suite portfolio represents a recession resistant, institutional quality asset, ideal for discerning investors seeking to secure a meaningful foothold in Long Island’s elite medical corridor. Surrounded by a dense, well developed residential and commercial neighborhood, the property benefits from consistent, year round demand for high quality medical and professional services, further reinforcing its long-term investment strength. Situated in the affluent and highly accessible Nassau County with consistent demand for high quality services, 877 Stewart Avenue boasts a massive, wrap-around parking lot, excellent transit connectivity, and close proximity to major regional hospitals. This combined portfolio is the ultimate, recession-proof asset for discerning investors looking to secure a major foothold in Long Island's elite medical market. Suite 15 — Northwell Health (Formerly LIJ / Long Island Jewish Hospital) Approx. 1,500SF - Premium Medical Lab & Testing Center Suite 15 is leased to Northwell Health, one of the largest and most respected healthcare providers in New York State. This location operates as one of Northwell’s premium, high demand Garden City medical laboratory and diagnostic testing centers, serving a steady flow of patients from the surrounding high income communities. Interior & Medical Build Out -Purpose built for clinical laboratory testing -Multiple private exam/procedure rooms, each equipped with: -Handwashing sinks -Medical cabinetry --Treatment tables -Wall mounted diagnostic equipment -Central heating & cooling -Separate electric and gas meters -Private ADA compliant restroom(s) Investment Highlights -Institutional grade, creditworthy tenant providing secure, predictable income -5 years remaining on the lease — recently renewed. -Turn Key Investment with immediate, hassle free passive income -Ideal for investors seeking stability backed by a nationally recognized medical group Suite 16 — Prine Health Medical Group (General Practice & Specialized Services) Approx. 2,500+/- SF | Full-Service Medical Practice Suite 16 is occupied by Prine Health Medical Group, a well-established general practice offering comprehensive primary care along with additional specialized medical services. The suite is fully built out for clinical use and designed to support high patient volume and multi disciplinary care. Interior & Medical Build Out -Multiple private exam/procedure rooms, each equipped with: -Handwashing sinks -Medical cabinetry -Treatment tables -Clinical support infrastructure-Central heating & cooling -Separate electric and gas meters -Private ADA compliant restrooms Investment Highlights -Strong, reputable medical tenant with long-term operational stability -8 years remaining on the lease -Turn Key Investment offering immediate, predictable passive income -Ideal for investors seeking durable cash flow backed by a well-established medical group Suite 17 — Profile Physical Therapy Approx. 2,500+/- SF | A+ Rated Physical Therapy & Rehabilitation Center Suite 17 is operated by Profile Physical Therapy, an A+ rated practice offering comprehensive physical therapy, rehabilitation, and therapeutic exercise services. The suite features a highly functional clinical layout designed to support both one on one treatment and open concept rehabilitative training. Interior & Clinical Build Out -Dedicated Physical Therapy / Rehabilitation Gym -Large, open-concept therapeutic space -Equipped with professional exercise machines, treadmills, ellipticals, and parallel bars -Bright, scenic window views enhancing patient experience -Clinical Lab / Utility Stations -Specialized sanitization and utility areas -Stainless steel sinks Central heating & cooling Separate electric and gas meters Private ADA compliant restrooms Occupancy Status Currently operated as a full-service physical therapy practice ***May be delivered vacant, offering flexibility for owner/users or investors seeking to reposition or occupy the space*** _______________________________________________________ Additional info/Schedule A Private Showing Please contact the Exclusive Listing Broker: 516-441-2646 (Mobile) Hootan M. Newly listed additional info/photos, etc. will be posted asap. --------- *Note: All info should be verified independently*

3 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 15
  • 1,250 SF
  • Office/Medical
  • Upon Request
  • -
Sale Type Investment
Description
Leased to Northwell Health laboratory testing for five more years
  • Unit 16
  • 2,500 SF
  • Office/Medical
  • Upon Request
  • -
Sale Type Investment
Description
Leased for 8 more years to general practice internal medicine medical office
  • Unit 17
  • 2,500 SF
  • Office/Medical
  • Upon Request
  • -
Sale Type Owner User
Unit Unit Size Condo Use Price NOI
Unit 15 1,250 SF Office/Medical Upon Request -
Unit 16 2,500 SF Office/Medical Upon Request -
Unit 17 2,500 SF Office/Medical Upon Request -

Unit 15

Unit Size
1,250 SF
Condo Use
Office/Medical
Price
Upon Request
NOI
-

Unit 16

Unit Size
2,500 SF
Condo Use
Office/Medical
Price
Upon Request
NOI
-

Unit 17

Unit Size
2,500 SF
Condo Use
Office/Medical
Price
Upon Request
NOI
-

Unit 15

Unit Size 1,250 SF
Condo Use Office/Medical
Price Upon Request
NOI -
Sale Type Investment
Description
Leased to Northwell Health laboratory testing for five more years</li></ul>

Unit 16

Unit Size 2,500 SF
Condo Use Office/Medical
Price Upon Request
NOI -
Sale Type Investment
Description
Leased for 8 more years to general practice internal medicine medical office</li></ul>

Unit 17

Unit Size 2,500 SF
Condo Use Office/Medical
Price Upon Request
NOI -
Sale Type Owner User

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 55,665 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 55,665 SF
Year Built 1988
Lot Size 4.00 AC
Parking Ratio 3.39/1,000 SF

Amenities

  • Banking
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
  • Listing ID: 41264696

  • Date on Market: 2026-07-13

  • Last Updated:

  • Address: 877 Stewart Ave, Garden City, NY 11530

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