Mixed-Use
270 SUNRISE HWY, Rockville Centre, NY 11570
For Sale
Contact for pricing
Built in 1930, this established commercial asset occupies a central Rockville Centre location.
Property Size2,938 SF
Price / SF$655.21
Days on Market111
Property Features for 270 SUNRISE HWY
General Information
Standard status
Size
Class
Property subtype
Occupancy
Lease Type
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Michael Tuccillo · License NY #10401244358
(212) 430-5196
Source:
Crexi
Added: Jul 27
Changed: Nov 4
Last Checked: Nov 12 at 8:00AM
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 Marcus & Millichap - Manhattan
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Investment Insights
Based on property information with market context.
This mixed-use property contains 2,938 square feet and was constructed in 1930. The asset is located at 270 Sunrise Hwy in Rockville Centre, New York, providing an established commercial setting for the property.
Key Highlights
- 2,938‑square‑foot mixed‑use property
- Constructed in 1930
- Located at 270 Sunrise Hwy, Rockville Centre, NY 11570
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,181
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,163,620
$1.2M
Cap Rate 7%
$831,157
$831.2K
Cap Rate 9%
$646,456
$646.5K
Market Conditions
NOI Build-Up for 2,938 SF
Gross rent
$88.1K $30.00/SF
− Vacancy
−$5.0K −$1.71/SF
EGI
$83.1K $28.29/SF
− OpEx
−$24.9K −$8.49/SF
NOI
$58.2K $19.80/SF
Area
Nassau County, NY
Vacancy
5.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,163,620
Cap Rate 7%
$831,157
Cap Rate 9%
$646,456
Alternative Uses
Best Use
Retail
$831.2K
$727.3K – $969.7K
NOI $58,181 @ 7.0% cap · market cap 3.02%
Second Best
Office B
$721.7K
$631.5K – $842.0K
NOI $50,520 @ 7.0% cap · market cap 2.62%
Theoretical Best
Specialty Retail
$1.94M
$1.70M – $2.27M
NOI $135,978 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,989
Businesses Nearby
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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
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Market
Properties on Market for Mixed-use properties in Nassau County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Built in 1930, this established commercial asset occupies a central Rockville Centre location.
Where is this mixed-use property located?
The property is located at 270 SUNRISE HWY Rockville Centre, NY.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: 2,938‑square‑foot mixed‑use property; Constructed in 1930; Located at 270 Sunrise Hwy, Rockville Centre, NY 11570
