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    Professional Co-op Ready for Occupancy Title is generated by Realmo AI

    200 N Village Ave 101A, Rockville Centre, NY 11570

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    For Sale
    $499,000

    Turnkey 1,700 SF professional co-op with flexible use.

    Type:Commercial
    Property size:
    1,700 SF
    Price / SF:
    $293/SF
    Added:
    Apr 24, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 24 at 7:58 pm

    Property Features for 200 N Village Ave 101A

    General Information

    Standard status
    Active
    Size
    1,700 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

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    Listing Contact
    Jessica Hollenstein
    Jessica Hollenstein

    Listing agent Jessica Hollenstein License #10401265478

    Listing office Douglas Elliman

    Listing date Apr 24, 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, fully built‑out professional space ready for immediate occupancy
    • Ideal layout with seven private offices/treatment rooms, reception area, and waiting area
    • Double‑entrance, ground‑level access
    • Located in an established, high‑traffic area with strong visibility
    • Suitable for attorneys, medical users, therapists, psychiatrists, and similar professional practices
    • Flexible use allows customization of the space

    Overview

    This 1,700 square foot ground-level professional co-op features a double-entrance layout suitable for attorneys, medical users, therapists, psychiatrists, and similar professional practices. The space includes seven private offices or treatment rooms, a reception office, a dedicated waiting area, two restrooms, and a storage room. The unit is located in an established, high-traffic area and benefits from strong visibility and convenient on-street parking. The space is fully built out, well maintained, and ready for immediate occupancy. Currently operating as a quiet therapy counseling office, the space offers flexible use, allowing a new professional to customize the space as needed. The bike score is 43, indicating it is somewhat bikeable. The walk score is 33, indicating car-dependent accessibility, and the transit score is 41, indicating some transit options. The monthly maintenance is $2,458.

    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 $57.7k $33.96
    − Vacancy −$8.0k −$4.72
    EGI $49.7k $29.24
    − OpEx −$19.9k −$11.70
    NOI $29.8k $17.54
    1,700 SF · lease $33.96/SF/yr · vacancy 13.90% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $426.1K
    $372.8K – $497.1K (±1% cap)
    NOI $29,824 @ 7.0% cap · market cap 5.98%
    Second Best
    Office B
    $417.6K
    $365.4K – $487.2K (±1% cap)
    NOI $29,232 @ 7.0% cap · market cap 5.86%
    Theoretical Best
    Specialty Retail
    $1.12M
    $983.5K – $1.31M (±1% cap)
    NOI $78,680 @ 7.0% cap · market cap 15.77%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    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
    -73.649036
    Latitude
    40.663299

    FAQs

    What type of property is this?
    Medical Office Space - Turnkey 1,700 SF professional co-op with flexible use.
    Where is this medical office space located?
    The property is located at 200 N Village Ave 101A Rockville Centre, NY.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Turnkey, fully built‑out professional space ready for immediate occupancy; Ideal layout with **seven private offices/treatment rooms**, reception area, and waiting area; Double‑entrance, ground‑level access
    More about this property
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