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100-200 N Village Ave, Rockville Centre, NY, 11570
Turnkey Medical Office Co-Op

100-200 N Village Ave Rockville Centre, NY 11570

For Sale
$249,000

Street-level professional suite with four treatment rooms, private office, and waiting area for healthcare or legal services.

Property Size860 SF
Price / SF$289.53
Days on Market249

Property Features for 100-200 N Village Ave

General Information

Standard status
Active
Size
860 SF
Listing Agency: Douglas Elliman Real Estate
Listed By: Jessica Hollenstein ABR CBR RSPS S
Source: Exprealty
Added: Nov 20, 2025 Changed: Jul 10 Last Checked: Jul 26 at 5:33PM

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 Douglas Elliman Real Estate


Investment Insights

Based on property information with market context.

This 860-square-foot professional co-op is a turnkey suite designed for client-facing practices. The interior includes four treatment rooms, a private office, and a waiting area, supporting a layout that can accommodate medical, therapeutic, or other confidential professional services. The unit was operated as a chiropractic office and is offered for immediate use.

The space is located at street level and provides easy access in a medical corridor setting. It is described as being conveniently located near major highways, with the train station approximately 0.4 miles away.

The configuration is well-suited for providers who need multiple treatment rooms along with a dedicated private office and reception-style waiting space. The co-op is also presented as flexible for similar professional uses, including attorneys and other qualified healthcare practitioners seeking a ready-to-operate office environment.

Key Highlights

  • 860 sq. ft. professional co‑op suite currently set up for office use
  • Includes four treatment rooms plus a private office and waiting area
  • Street‑level unit with easy access in the medical corridor of RVC

Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.2k $33.96
− Vacancy −$4.1k −$4.72
EGI $25.1k $29.24
− OpEx −$10.1k −$11.70
NOI $15.1k $17.54
860 SF · lease $33.96/SF/yr · vacancy 13.90% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$215.5K
$188.6K – $251.5K (±1% cap)
NOI $15,088 @ 7.0% cap · market cap 6.06%
Second Best
Office B
$211.3K
$184.9K – $246.5K (±1% cap)
NOI $14,788 @ 7.0% cap · market cap 5.94%
Theoretical Best
Specialty Retail
$568.6K
$497.5K – $663.4K (±1% cap)
NOI $39,803 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Garden Center Discount Store Hair Salon Computer & Electronic Repair (Bike/Boat/Book/etc) Store Building Supply Hotel & Motel Daycare Center Barber Shop Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Hilton Hospital For Animals: Sorowitz Jennifer DVM — 120 Merrick Rd, Lynbrook, NY 11563
  • Terry Animal Hospital — 3 Washington St, Rockville Centre, NY 11570
  • Premier Veterinary Medical Group - Rockville Centre — 120 N Village Ave, Rockville Centre, NY 11570

FAQs

What type of property is this?
Medical Office Space - Street-level professional suite with four treatment rooms, private office, and waiting area for healthcare or legal services.
Where is this medical office space located?
The property is located at 100-200 N Village Ave Rockville Centre, NY.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 860 sq. ft. professional co‑op suite currently set up for office use; Includes four treatment rooms plus a private office and waiting area; Street‑level unit with easy access in the medical corridor of RVC
More about this property
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