Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield Arranges Sale of Medical Office Building on Long Island

Cushman & Wakefield announced today that the firm has arranged the sale of 310 East Shore Road, a 52,517-square-foot office facility in the Long Island town of Great Neck.
Long Island, NY – Cushman & Wakefield announced today that the firm has arranged the sale of 310 East Shore Road, a 52,517-square-foot office facility in the Long Island town of Great Neck. The final closing price is $16.5 million, equating to approximately $315 per square foot.

Cushman & Wakefield’s Stephen R. Preuss, Denise Prevete and Kevin Louie and represented the seller, 310 East Shore Road Realty, LLC, in this transaction. The property was purchased by Kane, LLC & Monitor Holding Corp.

“Medical tenants have bolstered the Long Island office market,” said Stephen Preuss. “Rising demand for office space in the region and the property’s location in the densely-populated yet affluent North Shore of Long Island presented favorable market conditions for our client to move forward with this transaction.”

310 East Shore Road is a 52,517-square-foot, twenty-unit elevatored medical office building in the Village of Great Neck on the Manhasset Bay waterfront. The three-story, plus lower level, property is currently 96% occupied with a total of 14 tenants, some of which have been in place since the 1990s, as well as approximately 2,235-square-feet of vacant office space. The property is situated on two adjacent tax lots with a total of approximately 1.55 acres on the Manhasset Bay. The property has recently undergone improvements to include a new roof, updated corridors and bathrooms, an updated parking lot and new HVAC units.

310 East Shore Road is conveniently located within proximity to the Long Island Expressway, Northern Parkway, the Manhasset and Great Neck LIRR train stations and multiple bus lines. The building is easily accessible with direct access to East Shore road via Northern Boulevard.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit or follow @CushWake on Twitter.

Cushman & Wakefield Media Contact

Michael Boonshoft New York Communications
Michael Boonshoft

Director, Americas PR & External Communications • New York

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All