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    Professional Co-op in Medical Corridor Title is generated by Realmo AI

    200 N Village Ave 100, Rockville Centre, NY 11570

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    For Sale
    $249,000

    860 SF professional co-op near major highways and train.

    Type:Commercial
    Property size:
    860 SF
    Price / SF:
    $289/SF
    Added:
    Mar 12, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 5 at 12:01 pm

    Property Features for 200 N Village Ave 100

    General Information

    Standard status
    Active
    Size
    860 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

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    Jessica Hollenstein
    Jessica Hollenstein

    Listing office Douglas Elliman

    Listing date Mar 12, 2026

    Source Elliman

    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

    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.
    • Easy access with street‑level entrance.
    • Close proximity to the train station (0.4 miles).
    • Flexible space ready for customization.

    Overview

    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.

    Local 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 (±1% cap)
    NOI $15,088 @ 7.0% cap · market cap 6.06%
    Second Best
    Office B
    $211.3K
    $184.9K – $246.5K (±1% cap)
    NOI $14,788 @ 7.0% cap · market cap 5.94%
    Theoretical Best
    Specialty Retail
    $568.6K
    $497.5K – $663.4K (±1% cap)
    NOI $39,803 @ 7.0% cap · market cap 15.99%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    (Bike/Boat/Book/etc) Store Tech Support Center Garden Center Cosmetic Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Bakery Mobile Phone Store Daycare Center Barber Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Rockville Centre
    County
    Nassau
    State
    New York
    Longitude
    -73.649
    Latitude
    40.6633

    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.
    More about this property
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