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Renovated Office Unit
For Lease
$1,450/Mo

1 Burnside Avenue #1, Lawrence, NY 11559

Updated workspace with natural light near shopping and restaurants.

Space Size220 SF
Property Size1,826 SF
Days on Market141

Property Features for 1 Burnside Avenue #1

General Information

Standard status Active
Size 220 SF
Net Rentable 220 SF
Lease Term Over 12 Months

Space & Availability

Available Space 220 SF
Contiguous Space 220 SF
Space Use Office

Taxes and HOA fees

Annual Taxes $7,405

Building Details

Building Size 1,826 SF
Year Built 1926
Listing Agency: M & J Partners Realty LLC
Listed By: Meliza Berrios
Source: Cohenandcohenrealty
Added: Mar 29 Changed: Aug 11 Last Checked: Aug 15 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M & J Partners Realty LLC

Investment Insights

Based on property information with market context.

This office unit provides approximately 220 square feet of recently renovated workspace with natural light and on-site amenities. The space is located at 1 Burnside Avenue #1 in Lawrence, New York, next to shopping and restaurants. The building dates to 1926.

Key Highlights

  • 220 +- sq ft office unit
  • Recently renovated workspace
  • Natural light

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Tattoo & Piercing Shop Pet Grooming Service Pet Store Nursing Home Pet Store & Service 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.

Lease Details

NNN (Triple Net)
Lease Type
$11.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,124
Businesses Nearby

Demographics for 11559, NY

8,709
Population
2,849
Households
3.1
Avg Household Size
36
Median Age
56%
College-Educated
89%
High-School Grad
4.2 sq mi
ZIP Area
2,074
Density / Sq Mi
$156,429
Median Household Income
$70,023
Median Earnings
$2,031
Median Rent
$1,108,200
Median Home Value

Market

Lease Benchmarks for Lawrence, NY

$63.53 /SF/Yr
Avg Asking Price
$28–$92.67 /SF/Yr
Price Range
4,733 SF
Avg Space Size

This space is priced 24% above the average of $63.53 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Updated workspace with natural light near shopping and restaurants.
Where is this office units located?
The property is located at 1 Burnside Avenue #1 Lawrence, NY.
What is the lease rate?
The lease rate is $1,450/Mo.
What are key features of this property?
This property features: 220 +- sq ft office unit; Recently renovated workspace; Natural light
More about this property
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