The MOB is located on Myrtle Avenue, a dense commercial corridor, at the crossroads of St. Nicholas Avenue and Madison Street. With over 50’ of frontage, the Property is highly visible from multiple angles and is approximately 10 blocks from the 350-bed Wyckoff Heights Medical Center. Furthermore, the Property is located 2 blocks from the Myrtle-Wyckoff Avenue Subway Station providing accessibility and connectivity to and from Brooklyn, Manhattan, and the rest of Queens.
Jones Lang LaSalle (“JLL”) is pleased to offer for sale the fee simple interest in 55-01 Myrtle Avenue located in the Ridgewood neighborhood of Queens, New York (the “Property” or “MOB”). The 21,154 square foot, Class A, medical office building was purpose built in 2020 and is 100% leased to two tenants, Zwanger-Pesiri Radiology (“ZPR”) and Mark Medical Care (“MCC”), featuring a weighted average remaining lease term of more than 18 years, and annual rent escalations averaging 2.85%.