Page 26 - Venture Capital Properties

Broad Street Community drive new york, new york great neCk, new york Address Address 45 Broad Street 175 Community Drive New York, New York Great Neck, New York Sales Price Sales Price $33,500,000 $17,200,000 Building Size Building Size 70,000 SF + 55,459 BSF 90,941 SF Building Use Building Use Vacant/Redevelopment Office Seller Seller Broad Street Rising, LLC Mark Karasick Buyer Buyer Swig Equities Private Investor 45 Broad Street is a 70,000 SF eight-story office building with full Two-story office building with 90,941 sq ft. 100% leased to tenants, North basement and 55,459 SF of air rights in the heart of financial district Shore Hospital and a school. The school will vacate in August 2006. built in 1921. The property is currently vacant which serves a tremendous North Shore Hospital is the largest hospital in the area, which employs opportunity for an Investor to pursue numerous opportunities. Every floor over 30,000 people, has expressed strong interest in taking over the is guttered and is ready for redevelopment. The subject property is the entire building. The hospital lease extends until the end of 2012. The former Wells Fargo building and is diagonally located across from the New building overlooks Great Neck’s most prestigious country club and more York Stock Exchange. specifically the 18th hole of its world-class golf course. 26 © 2016 VENTURE CAPITAL PROPERTIES WWW.VCPRE.COM 27