Freestanding Medical Office
For Sale
$2,950,000
325 W Park Avenue, Long Beach, NY 11561
Single-story office/medical layout with treatment rooms and ample on-site parking for patient and client access.
Property Size5,084 SF
Lot Size0.23 Acres
Price / SF$580.25
Days on Market59
Property Features for 325 W Park Avenue
General Information
Standard status
Active
Size
5,084 SF
Total Parking Spaces
10
Lot size
0.23 Acres
Property subtype
Commercial
Additional Details
Traffic Count
28,000 vehicles/day
Building Details
Year Built
1957
Stories
1
Listing Agency:
DOUGLAS ELLIMAN REAL ESTATE
(516) 432-3400
Listed By:
JONATHAN YUNGER · License #10401334048
Source:
Corcoran
Added: Jun 5
Changed: Jul 10
Last Checked: Aug 1 at 5:46AM
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 REAL ESTATE
Investment Insights
Based on property information with market context.
This freestanding single-story professional office/medical building offers 5,084 square feet of practical space designed for client-facing operations. The interior includes multiple private offices, treatment rooms, reception areas, conference space, waiting areas, and restrooms, creating a workable flow for medical, dental, wellness, and other professional services. The building is equipped with central air conditioning and forced-air heating to support year-round comfort.
The property is located on Park Avenue, described as one of Long Beach’s main commercial corridors with more than 28,000 vehicles passing daily. It also features abundant parking with 10+ on-site spaces plus ample street parking in front of the building and throughout the surrounding area. The location is positioned less than half a mile from the Long Beach LIRR Station and is surrounded by established businesses, retail centers, restaurants, and residential neighborhoods.
With a client-ready layout and straightforward parking, the property can fit a range of service-oriented users seeking a dedicated building rather than shared space. The combination of reception, waiting, and treatment areas supports medical and wellness uses, while the multiple offices and conference space also support traditional professional office needs.
The property is located on Park Avenue, described as one of Long Beach’s main commercial corridors with more than 28,000 vehicles passing daily. It also features abundant parking with 10+ on-site spaces plus ample street parking in front of the building and throughout the surrounding area. The location is positioned less than half a mile from the Long Beach LIRR Station and is surrounded by established businesses, retail centers, restaurants, and residential neighborhoods.
With a client-ready layout and straightforward parking, the property can fit a range of service-oriented users seeking a dedicated building rather than shared space. The combination of reception, waiting, and treatment areas supports medical and wellness uses, while the multiple offices and conference space also support traditional professional office needs.
Key Highlights
- Freestanding single‑story office/medical building built in 1957 with 5,084 SF of professional space
- Multiple private offices, treatment rooms, reception areas, conference space, waiting areas, and restrooms
- Equipped with central air conditioning and forced‑air heating
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 | $172.7k | $33.96 |
| − Vacancy | −$24.0k | −$4.72 |
| EGI | $148.7k | $29.24 |
| − OpEx | −$59.5k | −$11.70 |
| NOI | $89.2k | $17.54 |
5,084 SF · lease $33.96/SF/yr · vacancy 13.90% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.27M
$1.11M – $1.49M
NOI $89,192 @ 7.0% cap · market cap 3.02%
Second Best
Office B
$1.25M
$1.09M – $1.46M
NOI $87,421 @ 7.0% cap · market cap 2.96%
Theoretical Best
Specialty Retail
$3.36M
$2.94M – $3.92M
NOI $235,300 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
28,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 11561, NY
39,132
Population
18,442
Households
2.1
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
4.0 sq mi
ZIP Area
9,783
Density / Sq Mi
$132,903
Median Household Income
$72,221
Median Earnings
$2,462
Median Rent
$676,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Beach Veterinary Care — 164 W Park Ave, Long Beach, NY 11561
Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-story office/medical layout with treatment rooms and ample on-site parking for patient and client access.
Where is this medical office space located?
The property is located at 325 W Park Avenue Long Beach, NY.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Freestanding single‑story office/medical building built in 1957 with 5,084 SF of professional space; Multiple private offices, treatment rooms, reception areas, conference space, waiting areas, and restrooms; Equipped with central air conditioning and forced‑air heating
