259 Heathcote Road, Scarsdale, NY 259 Heathcote Road
Scarsdale, NY 10583
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Medical For Sale - Available Immediately
100% Long Term NNN Leased Medical | Institutional Credit | Scarsdale, NY
100% NNN leased to White Plains Hospital (Montefiore)
Lease Expiration: 2043/2044 with a five-year option to extend
Recent Lease Extension: includes a 27% expansion of space
New Rent Commencement: July 1, 2026
2027 NOI: $527,263
Average Annual NOI: $674,950+/-
3% annual escalations
Long occupancy history (72 years)
Enormous barriers to entry
Flagship location for medical providers and includes specialized X-Ray and Bone Density facilities.
Scarsdale is one of the wealthiest towns in the country with an average annual household income exceeding $550,000
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Louis Zuckerman
LZ
Patrick Colwell
PC
CBRE, Inc. has been retained as the exclusive advisor for the sale of 259 Heathcote Road, a two building 9,043 square foot single tenant medical facility in Scarsdale, New York. The property is 100% NNN leased to White Plains Hospital (Montefiore) S&P: BBB - Moodys: Baa3 through 2043 with an additional five-year option. The property sits on 1.49 acres of land in the heart of Scarsdale and has 70 parking spaces (7.7/1000).
259 Heathcote Road is only 1.2 miles from the Hutchinson River Parkway and 2 miles from the Scarsdale Metro-North Train Station and Bronx River Parkway.
Sale Price
Contact Broker For Pricing
Get in touch
Louis Zuckerman
LZ
Patrick Colwell
PC