Two-Building Mixed-Use
For Sale
$4,300,000
29 & 21-23 Broadway, Lynbrook, NY 11563
Existing occupants include a law firm and an antiques and collectibles retailer, with a parking lot serving the retail building.
Property Size31,101 SF
Price / SF$138.26
Days on Market116
Property Features for 29 & 21-23 Broadway
General Information
Standard status
Active
Size
31,101 SF
Total Parking Spaces
3000
Property subtype
Commercial
Zoning
C, X
Net Operating Income
$240,144
Site & Location
Traffic Count
20,000 vehicles/day
Public Transit
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Gross Income
$356,940
Property Use
Office / Multiuse
Taxes and HOA fees
Annual Taxes
$63,255
Amenities
high ceilings
skylight
central air conditioning
exceptional signage
Building Details
Building Size
31,101 SF
Year Built
1920
Buildings
2
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Coldwell Banker American Homes
(516) 665-2000
Listed By:
Aideen Duignan
(800) 270-6318
Source:
Croninreale
Added: Jul 2
Changed: Oct 24
Last Checked: Oct 23 at 5:21PM
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.
This Lynbrook property consists of two buildings with a combined reported area of 31,101 square feet. The existing occupants are a law firm and a collectibles and antiques store. Building features include high ceilings, a skylight, and central air conditioning; the property was built in 1920. Zoning is listed as C, X.
The site is two blocks from the Lynbrook LIRR station and lies between Broadway and Merrick Road. Nearby businesses include Starbucks, Northwell Health, Regal Cinemas, and McDonald’s. The property information also cites daily traffic of more than 20,000 vehicles.
The site is two blocks from the Lynbrook LIRR station and lies between Broadway and Merrick Road. Nearby businesses include Starbucks, Northwell Health, Regal Cinemas, and McDonald’s. The property information also cites daily traffic of more than 20,000 vehicles.
Key Highlights
- Two buildings with a combined reported area of 31,101 square feet
- Built in 1920
- Existing law firm and collectibles and antiques store
Property Analytics
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Current Use
Lease Details
20,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,193
Businesses Nearby
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Business Placement
Demographics for 11563, NY
23,349
Population
8,088
Households
2.9
Avg Household Size
43
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
10,152
Density / Sq Mi
$138,006
Median Household Income
$65,565
Median Earnings
$2,173
Median Rent
$595,500
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Existing occupants include a law firm and an antiques and collectibles retailer, with a parking lot serving the retail building.
Where is this mixed-use property located?
The property is located at 29 & 21-23 Broadway Lynbrook, NY.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Two buildings with a combined reported area of 31,101 square feet; Built in 1920; Existing law firm and collectibles and antiques store
