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    1245 Colonial Rd Hewlett, NY 11557

    Sponsored
    For Sale
    $1,599,000

    Prime Hewlett location, 3,640 sq ft, 4 stories

    Property size:
    3,640 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional four-story commercial building, situated in a highly desirable area of Hewlett, New York, presents a unique investment opportunity. Spanning over 3,640 square feet, the property is ideally suited for medical practices, boasting a thoughtfully designed layout. Currently configured as a medical facility, the building features a welcoming main waiting area on the first floor, along with a dedicated pre-operative waiting room, a scrub room, a fully equipped AAAASF Operating Room, and a clerical area. The second floor offers two consultation rooms, two examination rooms, a photography room, and convenient bathroom facilities including one full bathroom and two half bathrooms. The building's strategic location offers easy access to the Long Island Rail Road (LIRR) and other public transportation options, ensuring convenient commuting for both staff and patients. Ample on-site parking is available, supplemented by nearby municipal parking. This turnkey medical facility presents a rare opportunity to acquire a well-established and functional space in a prime location. The building's size is approximately 3870 square feet. The asking price is $1,599,000.

    Property Features for 1245 Colonial Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,640 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    William Groeger Plastic Surgeon Long Island Aesthetic Spa DaeSpa Skin Care Clinic Dr. Zachary Gerut Plastic Surgeon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hewlett
    County
    Nassau County
    State
    New York
    Longitude
    -73.70136
    Latitude
    40.63739

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Hewlett location, 3,640 sq ft, 4 stories
    Where is this commercial real estate located?
    The property is located at 1245 Colonial Rd Hewlett, NY.
    What is the asking price?
    The asking price for this property is $1,599,000.
    (516) 741-4333
    Request Owner's contact information
    1245 Colonial Rd Hewlett, NY 11557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1245 Colonial Rd Hewlett, NY 11557
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