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Retail Strip Center in Lindenhurst
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718 N Wellwood Ave, Lindenhurst, NY 11757

Retail strip center with high traffic and strong demographics.

Property Size5,805 SF
Lot Size0.22 Acres
Price / SF$206.72
Days on Market196

Property Features for 718 N Wellwood Ave

General Information

Standard status Active
Size 5,805 SF
Class B
Total Parking Spaces 5
Lot size 0.22 Acres
Property subtype Retail
Zoning E Business
Occupancy 65%
Lease Type Modified Gross
Investment Type Value Add

Building Details

Year Built 1920
Buildings 1
Stories 1
Units 4
Tenancy Multi
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Michael Tuccillo · License #NY 10401244358
Source: Crexi
Added: Feb 4 Changed: Aug 8 Last Checked: Aug 8 at 6:21AM

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

Investment Insights

Based on property information with market context.

The property at 718-724 N Wellwood Avenue is a retail strip center located in Lindenhurst, NY. Situated on a 0.22-acre parcel, the property includes approximately 5,805 square feet of space. The strip center consists of four stores, with one current vacancy. On-site parking is available on the south side of the building. Located on N Wellwood Avenue, the property benefits from a high-traffic location with 29,560 vehicles per day. The property is near retailers such as King Kullen, McDonald’s, Chase Bank, and 7-Eleven. The surrounding area has a population of over 148,000 within a three-mile radius, and the average household income exceeds $141,000.

Key Highlights

  • High‑traffic location on N Wellwood Avenue with 29,560 vehicles per day.
  • Located in an area with strong demographics: over 148,000 residents within a 3‑mile radius and an average household income exceeding $141,000.
  • Retail strip center with four stores, offering income potential.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Nursing Home

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

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby

Demographics for 11757, NY

45,157
Population
15,212
Households
3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.8 sq mi
ZIP Area
6,641
Density / Sq Mi
$128,081
Median Household Income
$56,059
Median Earnings
$2,091
Median Rent
$479,500
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Strip mall - Retail strip center with high traffic and strong demographics.
Where is this strip mall located?
The property is located at 718 N Wellwood Ave Lindenhurst, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: High‑traffic location on N Wellwood Avenue with 29,560 vehicles per day.; Located in an area with strong demographics: over 148,000 residents within a 3‑mile radius and an average household income exceeding $141,000.; Retail strip center with four stores, offering income potential.
(212) 430-5196 Call to check price and availability
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