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    118 Broadway 116 Lynbrook, NY 11563

    For Lease
    $3,000 /Mo

    High-visibility retail space with strong traffic and flexible layout.

    Lot size:
    0.22 Acres

    Property Features for 118 Broadway 116

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1989

    Source: Charles Rutenberg Realty Inc Agent Monika M. Krynska SFR

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

    Overview

    Prime Retail Space in Lynbrook

    This 1,000 sq ft retail space is located in a high-visibility mini strip mall in Lynbrook. The space features high ceilings and flexible layout options. The location benefits from strong foot and vehicle traffic throughout the day. It is situated in a well-established commercial area and includes dedicated parking lot access, as well as metered parking directly in front of the property. The property is suitable for retail, service-based businesses, boutique concepts, specialty shops, or professional use. The location is surrounded by thriving businesses and positioned on a heavily traveled corridor, providing exposure and growth potential.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Lynbrook
    County
    Nassau
    State
    New York
    Longitude
    -73.674
    Latitude
    40.6573

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    FAQs

    What type of property is this?
    Retail space - High-visibility retail space with strong traffic and flexible layout.
    Where is this retail space located?
    The property is located at 118 Broadway 116 Lynbrook, NY.
    What are key features of this property?
    This property features: - High-visibility location in the heart of Lynbrook with strong foot and vehicle traffic.; - Flexible 1,000 sq ft space suitable for various business types.; - Dedicated parking lot plus metered street parking for customer convenience.
    (516) 575-7500
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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
    118 Broadway 116 Lynbrook, NY 11563
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