facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Medical Office

/

Lease

/

711 Stewart Avenue

QSAC Signs Long-Term Lease For 23633 SF Medical Office At 711 Stewart Avenue Garden City
LEASEDMedical Office

QSAC Signs Long-Term Lease For 23633 SF Medical Office At 711 Stewart Avenue Garden City

711 Stewart Avenue

Building Size

23,633 SF

Asset Type

Medical Office

Closing

Jan 15, 2026

AI

The asset involved in this lease is a medical office located at 711 Stewart Avenue, in Garden City. The space encompasses 23,633 square feet, facilitating the operations of a healthcare-related entity.

Summary of transaction details:

QSAC, a nonprofit organization dedicated to serving individuals with autism, is now set to enhance its regional services by occupying portions of the first and second floors of the property following the signing of the lease.

Players

Joseph Lopresti

JLL

Broker

$60.6M

vol

5 deals

Broker
BG
Benedict Realty GroupLandlord

Garden City Medical Office Market Snapshot

Boundary boundary · Medical Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93