Professional Co-op in Medical
200 N Village Ave 100 Rockville Centre, NY 11570
For Sale
$249,000
860 SF professional co-op near major highways and train.
Property Size860 SF
Price / SF$289.53
Days on Market138
Property Features for 200 N Village Ave 100
General Information
- Standard status
- Active
- Size
- 860 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency:
Douglas Elliman
(516) 522-4969
Listed By:
Jessica Hollenstein · License #10401265478
(516) 522-4969
Source:
Elliman
Added: Mar 12
Changed: Jul 6
Last Checked: Jul 26 at 9:50AM
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 Douglas Elliman
Investment Insights
Based on property information with market context.
This 860 square foot professional co-op is suitable for attorneys, medical providers, physical or occupational therapists, psychiatrists, or similar practices. The unit features four treatment rooms, a private office, and a waiting area. Previously operated as a chiropractic office, it offers a turnkey setup for immediate use. The maintenance fee is $1,474 per month. The street-level space offers easy access and is conveniently located near all major highways in the medical corridor of Rockville Centre, and is 0.4 miles from the train station. The space use is flexible.
Key Highlights
- Turnkey professional co‑op with existing treatment rooms, private office, and waiting area.
- Ideal for medical or legal practices due to existing layout and features.
- Convenient location in the medical corridor of RVC, near major highways.
Financial Insights For Healthcare Medical
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 | $29.2k | $33.96 |
| − Vacancy | −$4.1k | −$4.72 |
| EGI | $25.1k | $29.24 |
| − OpEx | −$10.1k | −$11.70 |
| NOI | $15.1k | $17.54 |
860 SF · lease $33.96/SF/yr · vacancy 13.90% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$215.5K
$188.6K – $251.5K
NOI $15,088 @ 7.0% cap · market cap 6.06%
Second Best
Office B
$211.3K
$184.9K – $246.5K
NOI $14,788 @ 7.0% cap · market cap 5.94%
Theoretical Best
Specialty Retail
$568.6K
$497.5K – $663.4K
NOI $39,803 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Long Island Pulmonary ...
Physician
Glow Box Esthetics ...
Spa & Massage Center
Coaching Your Divorce ...
Consultant
Dr. Aviva Kamath
Physician
Dr. Karen Mrejen
Physician
Similar Off Market Nearby
- Hilton Hospital For Animals: Sorowitz Jennifer DVM — 120 Merrick Rd, Lynbrook, NY 11563
- Terry Animal Hospital — 3 Washington St, Rockville Centre, NY 11570
- Premier Veterinary Medical Group - Rockville Centre — 120 N Village Ave, Rockville Centre, NY 11570
FAQs
What type of property is this?
Medical Office Space - 860 SF professional co-op near major highways and train.
Where is this medical office space located?
The property is located at 200 N Village Ave 100 Rockville Centre, NY.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Turnkey professional co‑op with existing treatment rooms, private office, and waiting area.; Ideal for medical or legal practices due to existing layout and features.; Convenient location in the medical corridor of RVC, near major highways.
