The Background

485 Merrick Road in Rockville Centre is a medical office occupied by Mount Sinai Doctors Radiology, and its sale says a lot about how strong the Long Island healthcare real estate market still is. The property sold for $2,150,000 at a 5.8% cap rate. Two experienced brokers brought the deal together, with Anthony Ciafardoni representing the seller and Amanda Gordon representing the buyer. Amanda saw the long-term value and the strategic location early, and she went to work helping her client land the asset.

Why It Was Hard to Win

Medical office properties leased to nationally recognized healthcare providers rarely hit the open market, and when they do, the competition for them is fierce. A well-located building with an established medical tenant draws a deep pool of investors fast, which means a buyer has to move with conviction and know exactly what the asset is worth. Getting our client to the front of that line, at the right price, was the real challenge.

What We Did

Amanda guided her client through every stage, from the first evaluation through negotiations, due diligence, and closing. The work was knowing the Long Island investment market well enough to recognize a genuine opportunity, matching it to what the client actually wanted to own, and then keeping a complex acquisition moving without losing the deal to a competing buyer. That combination of market knowledge and hands-on representation is what positioned the client to win an asset a lot of investors wanted.

How It Closed

The client acquired 485 Merrick Road for $2,150,000 at a 5.8% cap rate: a quality medical office backed by a respected healthcare institution, in one of the most sought-after asset classes on Long Island. Investors keep gravitating to healthcare real estate for its stability, resilience, and long-term growth, and this deal is a clean example of why.

The Silber Difference

Winning a competitive acquisition is about more than completing a transaction. It takes real market knowledge, honest advisory work, and an agent who stays hands-on from the first look to the closing table. We identified the opportunity, guided our client through a complex purchase, and helped them secure a premier Long Island medical office in a market where these assets rarely come available. That is the role we play for the investors we represent.

Handled by Amanda Gordon (buyer) and Anthony Ciafardoni (seller), Silber Investment Properties.