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    1171 Old Country Rd 104 Plainview, NY 11801

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    For Sale
    $699,000

    1800 SF medical office condo in Plainview, NY.

    Type:Commercial
    Property size:
    1,800 SF
    Added:
    Apr 24, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 24 at 8:07 pm

    Property Features for 1171 Old Country Rd 104

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1989

    We can help!

    Listing Contact
    Ben Indiviglia
    Ben Indiviglia

    Listing agent Ben Indiviglia License #10401224061

    Listing office Douglas Elliman Comm of LI LLC

    Listing date Apr 24, 2026

    Source Elliman

    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 Comm of LI LLC

    Overview

    Medical Office Condo For Sale

    This strategically designed 1800 square foot medical office condo is available for sale, offering a transition to a similar use or possibilities for other businesses. The current occupant is a long-standing orthodontist who has operated a practice in this location for over 25 years. The layout includes a large waiting area, reception desk, multiple exam and treatment rooms, executive offices, and three bathrooms. There is additional space with a 1700 square foot lower level that features high ceilings and convenient access. The property is located in the heart of Plainview in the Old Country Road medical/retail corridor, near Northwell Hospital and major roadways including the Seaford Oyster Bay and Long Island Expressways, as well as the Northern State Parkway. On-site parking is available with over 50 spots. Dining, shopping, and transportation options are nearby for both patients and staff.
    Location Intelligence

    Current Use by Public Records

    American Engineering & Land ... Land Surveyor Dr. Michael A. Goldman, ... Dental Office Str8Smiles Orthodontics Dental Office Bomse Gerard C ... Physician Budofsky Ross Risa ... Foster Care Service

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • Manetto Hill Animal Hospital — 122 Manetto Hill Rd, Plainview, NY 11803
    • Long Island Veterinary Specialists — 163 S Service Rd, Plainview, NY 11803
    • Plainview Animal Hospital — 1458 Old Country Rd, Plainview, NY 11803
    • Samuel Deutsch Dvm — 1458 Old Country Rd, Plainview, NY 11803
    • New York Veterinary Foundation — 163 s service rd, plainview, ny 11803

    Location Insight

    • Map
    • Local Demand
    City
    Plainview
    County
    Nassau
    State
    New York
    Longitude
    -73.463752
    Latitude
    40.77551

    Nearby Similar for Sale

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      Plainview Office Building For Sale

      Multi-tenant office building with lease-up potential and ample parking.
      700 Old Country Rd, Plainview, NY
      View Details
    • $6,275,000
      1,189 SF

      Plainview Office Building For Rent

      Office building with Long Island Expressway access available for rent.
      88 Sunnyside Blvd, Plainview, NY
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    • Contact for pricing
      47,421 SF

      Plainview Industrial Property For Sale

      47,421 SF industrial property with ample parking in Plainview.
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      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 1800 SF medical office condo in Plainview, NY.
    Where is this medical office space located?
    The property is located at 1171 Old Country Rd 104 Plainview, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Strategically designed 1800 SF medical office condo, suitable for medical or other businesses.; Prime location in Plainview's medical/retail corridor, near Northwell Hospital.; Existing well‑designed layout featuring a large waiting area, reception desk, multiple exam/treatment rooms, executive offices, and three bathrooms.
    (631) 858-2408
    We can help!
    Listing Contact
    Ben Indiviglia
    Ben Indiviglia
    Real Estate License ID: 10401224061
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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