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    Freestanding Office & Medical Building Title is generated by Realmo AI

    325 W Park Avenue, Long Beach, NY 11561

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    Claim this Listing
    New
    For Sale
    $2,950,000

    COMMERCIAL - Long Beach, NY

    Property size:
    5,084 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $580/SF
    Added:
    Jun 5, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 5 at 11:06 pm

    Property Features for 325 W Park Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    10
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    1000-59-046-00-0059-0
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    51717

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1957
    Building materials
    Brick

    We can help!

    Listing Contact
    Jonathan Yunger
    Jonathan Yunger

    Listing agent Jonathan Yunger License #10401334048

    Listing office Douglas Elliman Real Estate 30a Park Ave, Huntington Station, NY

    Listing date Jun 5, 2026

    MLS# 1009861

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 5,084 SF freestanding single‑story professional office/medical building on a 10,019 SF lot
    • Multiple private offices, treatment rooms, reception areas, conference space, waiting areas, and restrooms
    • Central air conditioning and forced‑air heating
    • Parking lot plus 10+ on‑site parking spaces and ample street parking in front of the building
    • Located on highly trafficked Park Avenue with over 28,000 vehicles passing daily
    • Public utilities: public water and public sewer; cable available

    Overview

    This freestanding single-story professional office/medical building offers a functional layout designed for client-facing operations. Approximately 5,084 square feet includes multiple private offices, treatment rooms, reception and waiting areas, a conference room, and restrooms. The building is served by central air conditioning and forced-air heating, supporting year-round comfort for employees and clients.

    Located at 325 W Park Avenue in Long Beach, the property sits on a 10,019 square foot lot and benefits from visibility along a principal commercial corridor. Public remarks note over 28,000 vehicles passing daily. The site provides 10+ on-site parking spaces, with ample street parking directly in front of the building and throughout the surrounding area. The property is also described as less than half a mile from the Long Beach LIRR Station, with an established mix of businesses, retail centers, restaurants, and residential neighborhoods nearby.

    The combination of on-site parking, a client-ready interior plan, and an office/medical configuration makes the building a practical fit for medical, dental, wellness, and other service-oriented professional uses. It is being offered as an opportunity to own or lease a purpose-built option for organizations seeking a standalone facility in a high-traffic commercial setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mount Sinai Doctors ... Physician New York Ear ... Physician Andrea Sciberras, DO Hospital Haran Nathan Ratna, ... Physician Dr. Michael Sood Physician

    Suggested Use

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

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

    Similar Places Nearby

    • All Creatures Veterinary Services — 733 W Park Ave, Long Beach, NY 11561
    • All Creatures Veterinary Hospital: Geltman Wayne DVM — 733 W Park Ave, Long Beach, NY 11561
    • Gelfand Lewis J DVM — 733 W Park Ave, Long Beach, NY 11561
    • Waldman Hal M DVM — 401 W Beech St, Long Beach, NY 11561
    • Veterinary Hospital — 321 W Walnut St, Long Beach, NY 11561

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Nassau
    State
    New York
    Longitude
    -73.654417
    Latitude
    40.5889638

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    FAQs

    What type of property is this?
    Medical Office Space - Single-story office/medical building with private offices, treatment rooms, central air, and abundant parking on Park Avenue.
    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: 5,084 SF freestanding single‑story professional office/medical building on a 10,019 SF lot; Multiple private offices, treatment rooms, reception areas, conference space, waiting areas, and restrooms; Central air conditioning and forced‑air heating
    (516) 993-8556
    We can help!
    Listing Contact
    Jonathan Yunger
    Jonathan Yunger
    Real Estate License ID: 10401334048
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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