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    136 Woodbury Rd Woodbury, NY 11797

    Sponsored
    For Sale
    $2,150,000

    Multi-tenant medical/office building, high occupancy.

    Property size:
    8,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a two-story, 8,260-square-foot office building situated on a 1.57-acre lot in Woodbury, NY. The property, located at 136 Woodbury Road, boasts a strong 96% occupancy rate with nine tenants across eleven suites, generating a substantial net operating income (NOI) of $142,190 and a compelling 6.61% cap rate. The asking price is $2,150,000, translating to $260.29 per square foot. Built in 1977, this fee-simple property features 47 parking spaces and is zoned Neighborhood Business (NB). Its convenient location near the Cold Spring Harbor LIRR station and major roadways like Jericho Turnpike (NY 25), the Long Island Expressway (I-495), and the Northern State Parkway, ensures excellent accessibility. The building offers 24-hour access and caters to both medical and traditional office tenants. Only a small portion (318 square feet) of the first floor remains vacant. This well-maintained asset presents a rare opportunity to acquire a stable, high-performing income-generating property in a desirable location. The property's strong tenant base and strategic location make it an attractive investment for discerning buyers seeking a solid return on investment. The building is comprised of 11 units within a single, two-story structure.

    Property Features for 136 Woodbury Rd

    General Information

    Property type
    Medical offices
    Square Feet
    8,260 SF
    Lot Size
    68,389 SF

    Building Details

    Year Built
    1977
    Buildings
    1
    Stories
    2
    Units
    11

    HighLights

    • $2,150,000 asking price for an 8,260 SF office building.
    • Multi‑tenant property with 9 tenants and 96% occupancy.
    • 6.61% cap rate with a $142,190 NOI.
    • Located at 136 Woodbury Rd, Woodbury, NY 11797, on a 1.57‑acre lot.
    • Features 11 units in a two‑story building, built in 1977, with 47 parking spaces.
    • Zoned Neighborhood Business (NB).
    Property Profile Location Intelligence

    Current Use by Public Records

    Sejour & Associates PC Accounting Firm BrightStar Care Nursing Agency Accredited Property Management ... Property Management Company Improve My Bottom ... Consultant Biblow Mark Psychologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodbury
    County
    Nassau
    State
    New York
    Longitude
    -73.461049645522
    Latitude
    40.828705262086

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    FAQs

    What type of property is this?
    Medical office - Multi-tenant medical/office building, high occupancy.
    Where is this medical office located?
    The property is located at 136 Woodbury Rd Woodbury, NY.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: $2,150,000 asking price for an 8,260 SF office building.; Multi-tenant property with 9 tenants and 96% occupancy.; 6.61% cap rate with a $142,190 NOI.
    Request Owner's contact information
    136 Woodbury Rd Woodbury, NY 11797
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    Woodbury, NY 11797
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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
    136 Woodbury Rd Woodbury, NY 11797
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