Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    451-457 Sunrise Hwy Lynbrook, NY 11563

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,950 /Mo

    1,700 SF office space in Lynbrook, near LIRR.

    Lot size:
    0.13 Acres

    Property Features for 451-457 Sunrise Hwy

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.13 Acres

    Building Details

    Year built
    1929

    We can help!

    Listing Contact
    Nicholas Evangelista
    Nicholas Evangelista
    Source: Elliman

    Listing Agency: NY Space Finders Listing Agent: Nicholas Evangelista

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

    Learn more

    Overview

    Versatile Office Space Near LIRR

    Located at 451–457 Sunrise Highway in Lynbrook, Suite 1 offers approximately 1,700 square feet of second-floor office space. The suite features an open-concept layout suitable for various professional uses. Overhead skylights provide abundant natural light, and carpeted flooring is installed throughout. A separately controlled HVAC system ensures year-round comfort. The suite includes access to a well-maintained common area restroom. The property is situated approximately 300 feet from the Lynbrook LIRR station, offering accessibility for commuters from Long Island and New York City. The surrounding area includes hospitals, schools, retail shops, and local businesses. The location provides exposure along Sunrise Highway, making it a visible place to operate.
    Location Intelligence

    Current Use by Public Records

    Office Units

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Lynbrook
    County
    Nassau
    State
    New York
    Longitude
    -73.669207
    Latitude
    40.655248

    Nearby Similar for Lease

    • $1,000 /Mo
      10,241 SF

      Prime Lynbrook Office Space

      Office and warehouse space for lease in Lynbrook, NY.
      13 Hendrickson Ave, Lynbrook, NY 11563
      View Details
    • New
      $750 /Mo
      1,202 SF

      Office Suite in Lynbrook, NY

      Office suite for rent in professional building, Lynbrook, NY.
      534 Merrick Rd, Lynbrook, NY 11563
      View Details
    • $3,000 /Mo
      9,701 SF

      Retail Space in Lynbrook

      High-visibility retail space in the heart of Lynbrook.
      118 Broadway, Lynbrook, NY 11563
      View Details
    • $1,950 /Mo
      10,267 SF

      Modern Lynbrook Office Suites Available

      Four customizable office suites available in a modern building.
      337-343 Merrick Rd, Lynbrook, NY 11563
      View Details
    • $8,000 /Mo
      4,379 SF

      Renovated Office Space on Sunrise Highway

      Recently renovated office space in high-traffic Lynbrook location.
      475 Sunrise Hwy, Lynbrook, NY 11563
      View Details
    • $1,300 /Mo

      Bright Office Space Near LIRR

      Efficient 560 SF Lynbrook office space near train station.
      451-457 Sunrise Hwy, Lynbrook, NY 11563
      View Details
    • $990 /Mo
      3,255 SF

      Lynbrook Office Space For Lease

      Office space for lease in well-maintained building, ample parking.
      280 Merrick Rd, Lynbrook, NY 11563
      View Details
    • $2,400 /Mo

      Prime Location Office/Retail Space

      Move-in ready office or retail space in high-traffic location.
      244 Merrick Rd, Lynbrook, NY 11563
      View Details
    • $2,775 /Mo

      Bright Office Space Near LIRR

      1,080 SF Lynbrook office space near train station.
      451-457 Sunrise Hwy, Lynbrook, NY 11563
      View Details
    • $1,950 /Mo

      Modern Office Suites Available

      Four customizable office suites available in a modern building.
      337-343 Merrick Rd, Lynbrook, NY 11563
      View Details
    • $3,000 /Mo

      Prime Retail Space in Lynbrook

      High-visibility retail space with strong traffic and flexible layout.
      118 Broadway 116, Lynbrook, NY 11563
      View Details
    • Contact for pricing

      Second-Floor Office Suite For Rent

      560 SF office suite with great visibility and amenities.
      375 Sunrise Hwy, Lynbrook, NY 11563
      View Details

    FAQs

    What type of property is this?
    Office units - 1,700 SF office space in Lynbrook, near LIRR.
    Where is this office units located?
    The property is located at 451-457 Sunrise Hwy Lynbrook, NY.
    What is the lease rate?
    The lease rate is $3,950 /Mo.
    What are key features of this property?
    This property features: - Prime location: **300 feet from Lynbrook LIRR station for easy commuting.**; - **1,700 sq ft open-concept layout** suitable for various professional uses.; - Abundant natural light from overhead skylights creating a bright workspace.
    (516) 385-7725
    Request Owner's contact information
    451-457 Sunrise Hwy Lynbrook, NY 11563
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    451-457 Sunrise Hwy
    Lynbrook, NY 11563
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    451-457 Sunrise Hwy Lynbrook, NY 11563
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nicholas Evangelista
    Nicholas Evangelista
    Real Estate License ID: 10401378306
    (516) 385-7725 (718) 440-8162 (516) 801-6181
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!