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    40 Rocklyn Ave Lynbrook, NY 11563

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    For Sale
    $8,950,000

    Retail property with two tenants and convenient transportation access.

    Property size:
    30,000 SF
    Lot size:
    1.36 Acres

    Property Features for 40 Rocklyn Ave

    General Information

    Size
    30,000 SF
    Lot size
    1.36 Acres

    Source: Island Associates Real Estate, Inc. Agent Christopher R. Mayor

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

    Overview

    Lynbrook Retail Investment Opportunity

    This retail property, situated between Sunrise Highway and Merrick Road, features two tenants: All American Gym and Steps to Succeed. The property is located less than one mile from the Long Island Rail Road (LIRR) Lynbrook and Rockville stations, and under two miles from the Southern State Parkway. Signage is available. The location benefits from high traffic volume, with over 45,000 vehicles per day at the intersection of Sunrise Highway and Ocean Avenue. The property includes 110 parking spaces. Area retailers include HomeGoods, 7-Eleven, Rite Aid, Panera, CVS, Verizon, Mattress Firm, KFC, and McDonald’s. All American Gym pays $420,000.00 in rent, while Steps to Succeed pays $360,000.00. Both tenants have 10-year leases. The property contains 30,000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    All American Gymnastics Gymnastics Center ATM Atm Steps to Success IX Day Care Center

    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.

    Similar Places Nearby

    Rockville Centre

    Location Insight

    • Map
    • Local Demand
    City
    Lynbrook
    County
    Nassau
    State
    New York
    Longitude
    -73.65929
    Latitude
    40.657664

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    FAQs

    What type of property is this?
    Shopping center - Retail property with two tenants and convenient transportation access.
    Where is this shopping center located?
    The property is located at 40 Rocklyn Ave Lynbrook, NY.
    What is the asking price?
    The asking price for this property is $8,950,000.
    What are key features of this property?
    This property features: - High Traffic Location: Over 45,000 Vehicles Per Day; - Strong Tenant Leases: 10 Year Leases; - Significant Income: $780,000.00 Total Income From Tenants
    (631) 513-2000
    Request Owner's contact information
    40 Rocklyn Ave Lynbrook, NY 11563
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    Lynbrook, NY 11563
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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
    40 Rocklyn Ave Lynbrook, NY 11563
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