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Bayside Medical Arts Center on sale for $9 million

23-91 Bell Boulevard
Photo courtesy of Massey Knakal 

The Bayside Medical Arts Center, anchored by a division of North Shore-LIJ for decades, has been listed for $9 million.

A member of the family firm C.B.R., LLC, which owns the building at 23-19 Bell Blvd. in Bay Terrace, plans to retire and another family member no longer wants to manage the building, according to Stephen Preuss of Massey Knakal, who is marketing the property.

Preuss added that the approximately 15,000-square-foot property would be a great investment as the offices are well-attended by many patients, the building is in great condition and the “tenancy is extremely strong.”

There are 12 units throughout the building and only one vacancy. There are also 20 parking spaces for patients and staff.

Other tenants in the building range from dentists to pediatricians and other medical specialists.

The building is located directly across from the Bay Terrace Shopping Center, which is home to large chains such as The Gap, Waldbaum’s, Barnes & Nobles, an AMC Loews Theater and Applebee’s, as well as local brands.

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