Corner Retail and Office
For Sale
$749,000
Pending
146Aa Sunrise Highway, Lindenhurst, NY 11757
Stand-alone corner building with parking and potential for drive-thru use on Sunrise Highway.
Property Size3,300 SF
Lot Size0.21 Acres
Days on Market589
Property Features for 146Aa Sunrise Highway
General Information
Standard status
Pending
Size
3,300 SF
Lot size
0.21 Acres
Property subtype
Commercial
Site & Location
Traffic Count
70,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$17,625
Amenities
Baseboard Heating
Listing Agency:
COLDWELL BANKER AMERICAN HOMES
(718) 206-1340
Listed By:
RANDOLPH A. SAA · License #30SA0994360
(917) 364-5645
Source:
Corcoran
Added: Mar 11, 2025
Changed: Oct 4
Last Checked: Oct 19 at 6:52AM
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 COLDWELL BANKER AMERICAN HOMES
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Investment Insights
Based on property information with market context.
A stand-alone corner commercial retail/office building offering on-site parking and the extended possibility to accommodate drive-thru businesses. The property includes a 3,300 SF building situated on a 0.21 AC parcel.
The building is positioned on Sunrise Highway and is described in the public remarks as having very strong exposure, with an indicated daily traffic count exceeding 70,000 vehicles. The property is offered for sale as a turn-key opportunity for an end-user or investor seeking a corner retail/office site with parking and flexible site configuration potential.
For buyers who want to evaluate drive-thru feasibility and the best fit for the space, the most practical starting point is to review existing improvements and confirm applicable requirements during due diligence.
The building is positioned on Sunrise Highway and is described in the public remarks as having very strong exposure, with an indicated daily traffic count exceeding 70,000 vehicles. The property is offered for sale as a turn-key opportunity for an end-user or investor seeking a corner retail/office site with parking and flexible site configuration potential.
For buyers who want to evaluate drive-thru feasibility and the best fit for the space, the most practical starting point is to review existing improvements and confirm applicable requirements during due diligence.
Key Highlights
- 3,300 SF stand‑alone corner commercial retail/office building
- Located on a 0.21 AC parcel with on‑site parking
- On Sunrise Highway with daily traffic count exceeding 70,000 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,518
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,290,360
$1.3M
Cap Rate 7%
$921,686
$921.7K
Cap Rate 9%
$716,867
$716.9K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$99.0K $30.00/SF
− Vacancy
−$6.8K −$2.07/SF
EGI
$92.2K $27.93/SF
− OpEx
−$27.7K −$8.38/SF
NOI
$64.5K $19.55/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,290,360
Cap Rate 7%
$921,686
Cap Rate 9%
$716,867
Alternative Uses
Best Use
Retail
$921.7K
$806.5K – $1.08M
NOI $64,518 @ 7.0% cap · market cap 8.61%
Second Best
Office B
$810.6K
$709.3K – $945.8K
NOI $56,745 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$1.01M
$879.7K – $1.17M
NOI $70,373 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
70,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
732
Businesses Nearby
Explore this area
Business Placement
Demographics for 11757, NY
45,157
Population
15,212
Households
3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.8 sq mi
ZIP Area
6,641
Density / Sq Mi
$128,081
Median Household Income
$56,059
Median Earnings
$2,091
Median Rent
$479,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Stand-alone corner building with parking and potential for drive-thru use on Sunrise Highway.
Where is this retail space located?
The property is located at 146Aa Sunrise Highway Lindenhurst, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 3,300 SF stand‑alone corner commercial retail/office building; Located on a 0.21 AC parcel with on‑site parking; On Sunrise Highway with daily traffic count exceeding 70,000 vehicles
