Roslyn Heights Office for Sale - Western Nassau
CBRE U.S. Healthcare Capital Markets is pleased to exclusively offer NYBG Roslyn Heights MOB (the “Property”), a 27,324-SF single-tenant specialty medical outpatient building in Roslyn Heights, New York, one of the most affluent neighborhoods on Long Island’s Gold Coast. The Property is 100% leased to New York Bariatric Group (“NYBG”) through May 2039 on a triple-net basis with 12.8 years of remaining lease term. NYBG has occupied the building since 2012, expanded its footprint across three successive lease phases, and most recently extended for a full 15-year term in April 2024.
The Property serves as NYBG’s Long Island specialty location, supporting pre- and postoperative bariatric care, patient consultations, and integrated weight management services including nutrition, GLP- therapies, and behavioral health. Bariatric surgeries are performed at the 364-bed St. Francis Hospital & Heart Center (Catholic Health, S&P: A) less than two miles from the Property. NYBG maintains affiliations with 15 hospitals and one surgery center across 10 health systems, reinforcing broad regional integration.
NYBG is a scaled regional specialty practice operating 27 locations, 32 physicians, and 14 physician assistants across New York, New Jersey, and Connecticut. In addition to its Northeast operations, NYBG owns and operates Roller Weight Loss, a multi-site weight-loss and bariatric platform with three locations across Fayetteville and Fort Smith, Arkansas, and Tulsa, Oklahoma, employing seven physicians and operating one ASC in Fayetteville. The offering provides durable long-term income in Long Island’s supply-constrained infill medical submarket, which reflects 94% occupancy and only 2% cumulative inventory growth over the past five years.
To sign the Confidentiality Agreement and get immediate access to the full Offering Memorandum, please visit: www.NewYorkBariatricGroupPortfolio.com (or click here: https://www.cbredealflow.com/handler/modern.aspx?pv=OvWR14KLTGGGjnyG507NUH3OhQ_Q7_w55AV_zeMCeb8#_top)
