Lynbrook Commercial Building For
For Sale
Contact for pricing
79-87 Sunrise Hwy, Lynbrook, NY
Fully occupied, one-story commercial building with long-term leases and parking.
Property Size9,082 SF
Lot Size0.52 Acres
Price / SF$412.90
Days on Market999
Property Features for 79-87 Sunrise Hwy
General Information
Standard status
Active
Size
9,082 SF
Lot size
0.52 Acres
Property subtype
RETAIL
Listing Agency:
ACC Space Commercial Real Estate
(516) 277-0666
Listed By:
Chip Entwistle · License #10301214444
(516) 427-5935
Source:
Moodyscre
Added: Feb 5, 2024
Changed: Oct 25
Last Checked: Oct 30 at 3:44PM
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 ACC Space Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a one-story corner commercial building located in Lynbrook. The property is fully occupied and features 4 tenant spaces. On-site parking is available. The property has long-term leases. The building has a property size of 9082 square feet.
Key Highlights
- Fully occupied, offering immediate income.
- Long term leases in place, providing stable cash flow.
- On‑site parking available for tenants and customers.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$179,851
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,597,020
$3.6M
Cap Rate 7%
$2,569,300
$2.6M
Cap Rate 9%
$1,998,344
$2.0M
Market Conditions
NOI Build-Up for 9,082 SF
Gross rent
$272.5K $30.00/SF
− Vacancy
−$15.5K −$1.71/SF
EGI
$256.9K $28.29/SF
− OpEx
−$77.1K −$8.49/SF
NOI
$179.9K $19.80/SF
Area
Nassau County, NY
Vacancy
5.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,597,020
Cap Rate 7%
$2,569,300
Cap Rate 9%
$1,998,344
Alternative Uses
Best Use
Retail
$2.57M
$2.25M – $3.00M
NOI $179,851 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.00M
$5.25M – $7.01M
NOI $420,338 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,727
Businesses Nearby
123k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 42%
Groceries 14%
Hotels & Casinos 1%
McDonald's
Dining
27,499 visits/mo
0.1 miles
Key Food
Groceries
17,763 visits/mo
0.3 miles
Dunkin' Donuts
Dining
16,561 visits/mo
0.5 miles
Bank of America
Shops & Services
13,834 visits/mo
0.5 miles
BP
Shops & Services
12,746 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Idyology — 435 Sunrise Hwy, Lynbrook, NY 11563
- Rockville Centre — 150-168 N Village Ave, Rockville Centre, NY 11570
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied, one-story commercial building with long-term leases and parking.
Where is this shopping center located?
The property is located at 79-87 Sunrise Hwy Lynbrook, NY.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Fully occupied, offering immediate income.; Long term leases in place, providing stable cash flow.; On‑site parking available for tenants and customers.
