Marcus & Millichap Sells Office Building At 200 South Service Road For $7.1M In Roslyn Heights
200 South Service Road
$7,100,000
$247/SF
Building Size
28,714 SF
Asset Type
Office
Closing
Mar 13, 2026
About this deal
AI
The property asset involved in this transaction is an office building located at 200 South Service Road, Roslyn Heights, NY. The sale was transacted for $7,100,000, encompassing a total square footage of 28,714, resulting in a price per square foot of $247.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,100,000
- Address: 200 South Service Road
- Market: Roslyn Heights
- Square Footage: 28,714
- Price per Square Foot: $247
- Brokers: Michael Tuccillo & Anthony Cerrone - Marcus & Millichap
The Tuccillo Group of Marcus & Millichap, represented by Michael Tuccillo & Anthony Cerrone, facilitated the transaction of the properties at 200 & 220 S Service Road. They urge prospective buyers to reach out for similar opportunities on Long Island.
On the Map
$7,100,000
$247/SF
Office
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Players
Manhasset Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93