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Approved Condo Project in Lynbrook
For Sale
$1,250,000

33 Park Place, Lynbrook, NY 11563

LAND - Lynbrook, NY

Property SizeContact for details
Lot Size0.43 Acres
Days on Market551

Property Features for 33 Park Place

General Information

Property type Land
Property subtype Other
Directions Merrick Rd to Park Place
Standard status Active
APN 2025-38-094-00-0008-0
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 13585

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Jacobson Realty Ltd
Listed By: Tobi M. Held · License #40HE0969655
Added: Feb 13, 2025 Changed: May 12 Last Checked: Aug 18 at 3:06PM
MLS# 824132

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property features an approved project for six condominium units with the foundation already in place. The project includes two end corner units, each featuring a full basement with a utility room. The first floor of these units is designed with a garage, living room, dining room, kitchen, and bathrooms. The second floor includes two large bedrooms with walk-in closets and two full bathrooms. Additionally, there are four middle units, each with two bedrooms and two bathrooms, and a first-floor utility room in the basement. Parking is available in front of the units. The property is located in Lynbrook, Nassau County, New York, and has a lot size of 0.43 acres.

Key Highlights

  • Approved 6‑unit condo project, ready to proceed.
  • Foundation is already in place.
  • Two end corner units include full basements with utility rooms.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Florist Nursing Home (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Storage Facility Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,709
Businesses Nearby

Demographics for 11563, NY

23,349
Population
8,088
Households
2.9
Avg Household Size
43
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
10,152
Density / Sq Mi
$138,006
Median Household Income
$65,565
Median Earnings
$2,173
Median Rent
$595,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Approved 6-unit condo project with foundation in place in Lynbrook.
Where is this apartment building located?
The property is located at 33 Park Place Lynbrook, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approved 6‑unit condo project, ready to proceed.; Foundation is already in place.; Two end corner units include full basements with utility rooms.
More about this property
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