Lynbrook Commercial Building For
For Sale
Contact for pricing
79-87 Sunrise Hwy, Lynbrook, NY
Fully occupied, one-story commercial building with long-term leases and parking.
Property Size9,082 SF
Lot Size0.52 Acres
Price / SF$412.90
Days on Market906
Property Features for 79-87 Sunrise Hwy
General Information
Standard status
Active
Size
9,082 SF
Lot size
0.52 Acres
Property subtype
RETAIL
Listing Agency:
ACC Space Commercial Real Estate
(516) 427-5935
Listed By:
Chip Entwistle · License #10301214444
Source:
Moodyscre
Added: Feb 5, 2024
Changed: Jul 10
Last Checked: Jul 21 at 4:31AM
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 ACC Space Commercial Real Estate
Investment Insights
Based on property information with market context.
This is a one-story corner commercial building located in Lynbrook. The property is fully occupied and features 4 tenant spaces. On-site parking is available. The property has long-term leases. The building has a property size of 9082 square feet.
Key Highlights
- Fully occupied, offering immediate income.
- Long term leases in place, providing stable cash flow.
- On‑site parking available for tenants and customers.
Financial Insights For Retail
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 | $272.5k | $30.00 |
| − Vacancy | −$15.5k | −$1.71 |
| EGI | $256.9k | $28.29 |
| − OpEx | −$77.1k | −$8.49 |
| NOI | $179.9k | $19.80 |
9,082 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.57M
$2.25M – $3.00M
NOI $179,851 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.00M
$5.25M – $7.01M
NOI $420,338 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,429
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 38%
Home Improvements & Furnishings 1%
Starbucks
Dining
19,428 visits/mo
0.4 miles
Dollar Tree
Shops & Services
18,850 visits/mo
0.4 miles
Dunkin' Donuts
Dining
16,695 visits/mo
0.3 miles
IHOP
Dining
10,753 visits/mo
0.1 miles
BP
Shops & Services
4,006 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rockville Centre — 150-168 N Village Ave, Rockville Centre, NY 11570
- Idyology — 435 Sunrise Hwy, Lynbrook, NY 11563
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied, one-story commercial building with long-term leases and parking.
Where is this shopping center located?
The property is located at 79-87 Sunrise Hwy Lynbrook, NY.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Fully occupied, offering immediate income.; Long term leases in place, providing stable cash flow.; On‑site parking available for tenants and customers.
