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Renovated Retail Strip with Four Units
For Sale
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215 Sunrise Hwy, Lynbrook, NY 11563

Fully occupied retail strip consists of four units, renovated in 2017, with tenant-paid utilities and 3% annual rent increases.

Property SizeContact for details
Days on Market136

Property Features for 215 Sunrise Hwy

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Building Details

Year Renovated 2017
Tenancy Multi
Listing Agency: American Investment Properties
Listed By: Ron Koenigsberg CCIM · License #NY 31K00933350
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 7:44AM

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 American Investment Properties

Investment Insights

Based on property information with market context.

This fully occupied retail strip features four individual units. Tenants are responsible for all utilities, and rents include 3% annual increases. The property was renovated in 2017, providing a more current retail building interior and exterior.

The center is located at 215–227 Sunrise Hwy in Lynbrook, NY and is under one mile from the LIRR Lynbrook train station, supporting convenient access for customers and employees.

The property is offered for sale as a four-unit retail configuration within a renovated strip retail setting.

Key Highlights

  • Fully occupied retail strip with 4 units at 215–227 Sunrise Hwy in Lynbrook, NY
  • Building renovated in 2017
  • Tenants pay for all utilities

Property Analytics

Current Use

RLB Safety & Hardware ... Department Store RLB SAFETY AND HARDWARE Building Supply

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Florist Nursing Home Tanning Salon Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,709
Businesses Nearby
184k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Leisure 38% Shops & Services 32% Dining 28% Hotels & Casinos 1%
Regal Lynbrook Leisure
69,853 visits/mo 0.4 miles
McDonald's Dining
27,499 visits/mo 0.2 miles
Dunkin' Donuts Dining
16,561 visits/mo 0.3 miles
Bank of America Shops & Services
13,834 visits/mo 0.3 miles
BP Shops & Services
12,746 visits/mo 0.4 miles

Demographics for 11563, NY

23,349
Population
8,088
Households
2.9
Avg Household Size
43
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
10,152
Density / Sq Mi
$138,006
Median Household Income
$65,565
Median Earnings
$2,173
Median Rent
$595,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Idyology 435 Sunrise Hwy, Lynbrook, NY 11563

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail strip consists of four units, renovated in 2017, with tenant-paid utilities and 3% annual rent increases.
Where is this shopping center located?
The property is located at 215 Sunrise Hwy Lynbrook, NY.
What are key features of this property?
This property features: Fully occupied retail strip with 4 units at 215–227 Sunrise Hwy in Lynbrook, NY; Building renovated in 2017; Tenants pay for all utilities
(516) 393-2300 Call to check price and availability
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