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Retail Space at Shopping Center
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617-693 Sunrise Highway, Lynbrook, NY 11563

Shopping center retail space in Lynbrook with both surface and covered parking on-site.

Space SizeContact for details
Days on Market50

Property Features for 617-693 Sunrise Highway

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Listed By: Greg Batista
Source: Ripcony
Added: Jul 25 Changed: Sep 12 Last Checked: Sep 12 at 3:31AM

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 Greg Batista

Investment Insights

Based on property information with market context.

Philips Plaza is a retail shopping center in Lynbrook offering on-site parking, including both surface and covered spaces. The center provides a retail setting designed around convenient customer access and parking availability.

Located on Sunrise Highway between Broadway and Peninsula Boulevard, the property is minutes from the Southern State Parkway and directly across from the Lynbrook LI Railroad Station. The surrounding area is described as densely populated, with Sunrise Highway serving as a heavily trafficked east-west corridor through Queens, Nassau, and Suffolk Counties.

This offering is for retail space within Philips Plaza, a shopping center with dedicated parking to support day-to-day customer visits.

Key Highlights

  • Philips Plaza shopping center in Lynbrook, NY
  • Only center in Lynbrook with its own parking, including both surface and covered parking
  • Located on Sunrise Highway between Broadway and Peninsula Boulevard

Property Analytics

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Current Use

R&S Fire Extinguisher ... Production Facility Philips Plaza Business Service Center

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Pharmacy Nursing Home Hotel & Motel Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,164
Businesses Nearby
163k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Leisure 43% Shops & Services 31% Dining 24% Beauty & Spa 2%
Regal Lynbrook Leisure
69,853 visits/mo 0.3 miles
Starbucks Dining
19,428 visits/mo 0.5 miles
Dunkin' Donuts Dining
16,561 visits/mo 0.3 miles
Bank of America Shops & Services
13,834 visits/mo 0.3 miles
7-Eleven Shops & Services
7,963 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Idyology 435 Sunrise Hwy, Lynbrook, NY 11563

Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center retail space in Lynbrook with both surface and covered parking on-site.
Where is this shopping center located?
The property is located at 617-693 Sunrise Highway Lynbrook, NY.
What are key features of this property?
This property features: Philips Plaza shopping center in Lynbrook, NY; Only center in Lynbrook with its own parking, including both surface and covered parking; Located on Sunrise Highway between Broadway and Peninsula Boulevard
More about this property
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