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    490 Sunrise Hwy Rockville Centre, NY 11570

    For Sale
    $4,999,999

    Two vacant buildings on Sunrise Highway, Rockville Centre.

    Property size:
    15,300 SF
    Lot size:
    0.48 Acres

    Property Features for 490 Sunrise Hwy

    General Information

    Size
    15,300 SF
    Lot size
    0.48 Acres

    Source: ERG Agent Jazib Khan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sunrise Highway Retail Opportunity

    This portfolio features two vacant buildings totaling 15,300 square feet, situated on three land parcels comprising a 21,039 square foot lot. Located on Sunrise Highway in Rockville Centre, New York, the property benefits from high visibility along the main retail corridor, with an average of over 37,000 vehicles passing daily. The location also offers views from the Long Island Rail Road train line. The property is surrounded by other major retailers and is a short distance from Mount Sinai Hospital. This presents an opportunity for end users to establish their brand. Investors may be able to reposition the property. Developers may be able to utilize the preliminary approvals to allow a multistory medical building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    First Aid class ... Education Center Lifeguard Training NY Emergency Training Swim Stars Swimming School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockville Centre
    County
    Nassau
    State
    New York
    Longitude
    -73.635009
    Latitude
    40.657079

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    FAQs

    What type of property is this?
    Retail space - Two vacant buildings on Sunrise Highway, Rockville Centre.
    Where is this retail space located?
    The property is located at 490 Sunrise Hwy Rockville Centre, NY.
    What is the asking price?
    The asking price for this property is $4,999,999.
    What are key features of this property?
    This property features: - Opportunity for end-users, investors, or developers.; - Preliminary approvals in place for a multistory medical building.; - Located on Sunrise Highway with **high traffic volume (37,000+ vehicles per day)**.
    (212) 807-6640
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    490 Sunrise Hwy Rockville Centre, NY 11570
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    Rockville Centre, NY 11570
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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
    490 Sunrise Hwy Rockville Centre, NY 11570
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