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    221 South St Oyster Bay, NY 11771

    For Lease
    Contact for pricing

    Prime Medical Office, 10,000-12,700 SF Available

    Lot size:
    22,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional single-story, 22,700 square foot building at 221 South Street in Oyster Bay, NY, presents a unique opportunity for medical professionals or businesses seeking flexible space. Located in Nassau County, this property offers a total of two suites, currently fully vacant, providing immediate occupancy. The building is categorized as both retail and office space, with a primary subtype of medical office and shopping center. The entire 22,700 square feet is available for lease, with a minimum divisible space of 10,000 square feet and a maximum contiguous space of 12,700 square feet. This allows for significant adaptability to suit various business needs and expansion plans. The property's convenient location in Oyster Bay (zip code 11771) offers excellent accessibility and visibility. The building's single-story design ensures ease of navigation and accessibility for patients and staff. This is an ideal location for a medical practice or related business seeking a prominent presence in a thriving community. The property's multiple tenancy capability allows for the potential to subdivide the space further, creating additional income streams or accommodating multiple tenants. This presents a rare opportunity to secure a substantial and versatile commercial space in a desirable location. Inquire today to learn more about this exceptional opportunity.

    Property Features for 221 South St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,700 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite Available Ground
    Size
    12,700 SF
    Space
    Space Available Lower Level
    Size
    10,000 SF

    HighLights

    • Single‑story building with high visibility on heavily trafficked South Street.
    • Secure gated parking lot.
    • Excellent walkability to local schools and Oyster Bay's vibrant Main Street, offering diverse dining and retail options.
    • Extensive South Street frontage.
    • Convenient loading dock.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Water Damage Removal ... Water Damage Restoration Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Oyster Bay
    County
    Nassau
    State
    New York
    Longitude
    -73.5313425
    Latitude
    40.868549

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Medical Office, 10,000-12,700 SF Available
    Where is this lifestyle center located?
    The property is located at 221 South St Oyster Bay, NY.
    What are key features of this property?
    This property features: Single-story building with high visibility on heavily trafficked South Street.; Secure gated parking lot.; Excellent walkability to local schools and Oyster Bay's vibrant Main Street, offering diverse dining and retail options.
    Request Owner's contact information
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    Oyster Bay, NY 11771
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    221 South St Oyster Bay, NY 11771
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