Office Suite with Open
189 Sunrise Highway #304, Rockville Centre, NY 11570
For Sale
Contact for pricing
Private work areas, reception space, restrooms and elevator access support a flexible professional layout.
Property Size20,000 SF
Price / SF$0.10
Days on Market47
Property Features for 189 Sunrise Highway #304
General Information
Standard status
Size
Elevators
Property subtype
Amenities
private offices
open workspace
reception/lounge area
restrooms
natural light
Building Details
Year Built
Listing Agency:
Keller Williams Legendary
(516) 328-8600
Listed By:
Lily Fung · License #10401358328
(718) 501-2838
Source:
Neilcharlesrealestate
Added: Sep 23
Changed: Nov 7
Last Checked: Nov 7 at 3:57PM
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 Keller Williams Legendary
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property offers multiple private work areas alongside a large open workspace. A reception and lounge area, restrooms, elevator access and abundant natural light complete the interior. The property measures 20,000 square feet and was built in 1928.
Key Highlights
- 20,000‑square‑foot office property
- Multiple private office and work areas
- Large open workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$343,908
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,878,160
$6.9M
Cap Rate 7%
$4,912,971
$4.9M
Cap Rate 9%
$3,821,200
$3.8M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$559.2K $27.96/SF
− Vacancy
−$100.7K −$5.03/SF
EGI
$458.5K $22.93/SF
− OpEx
−$114.6K −$5.73/SF
NOI
$343.9K $17.20/SF
Area
Nassau County, NY
Vacancy
18.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,878,160
Cap Rate 7%
$4,912,971
Cap Rate 9%
$3,821,200
Alternative Uses
Best Use
Office B
$4.91M
$4.30M – $5.73M
NOI $343,908 @ 7.0% cap · market cap 17,195.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.22M
$11.57M – $15.43M
NOI $925,650 @ 7.0% cap · market cap 46,282.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,837
Businesses Nearby
Explore this area
Business Placement
Demographics for 11570, NY
29,023
Population
11,368
Households
2.6
Avg Household Size
42
Median Age
62%
College-Educated
95%
High-School Grad
3.6 sq mi
ZIP Area
8,062
Density / Sq Mi
$147,784
Median Household Income
$91,332
Median Earnings
$1,804
Median Rent
$786,600
Median Home Value
Market
Average Price Trend$/SF for Office Units in Nassau County, NY
Properties on Market for Office Units in Nassau County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Private work areas, reception space, restrooms and elevator access support a flexible professional layout.
Where is this office unit located?
The property is located at 189 Sunrise Highway #304 Rockville Centre, NY.
What are key features of this property?
This property features: 20,000‑square‑foot office property; Multiple private office and work areas; Large open workspace
