New York City area medical office building sells for $7.1M

A medical office building in East Hills, N.Y., has sold for $7.1 million, according to an Oct. 10 report from Long Island Business News.

Advertisement

The three-story, 25,000-square-foot facility was purchased by real estate investor 70 Glen Acquisition. 

The building is currently 96% occupied. It garnered 10 offers from prospective buyers, according to the report. 

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.