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    OFF-MARKET
    Office Spaces

    550 Broadway Ave, Holbrook, NY 11741

    4,400 SF 0.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, located at 550 Broadway Ave in Holbrook, NY 11741, presents a unique investment opportunity. The freestanding, multi-tenanted property boasts 4,400 square feet on a half-acre lot (0.5 acres), offering significant visibility and accessibility. Its prime location, just one block from Veterans Memorial Highway and Sunrise Highway, ensures high traffic volume and convenient access to the Long Island Rail Road (LIRR) station and MacArthur Airport. The building features modern amenities including a sound and alarm system, and energy-efficient LED lighting throughout. The property benefits from excellent signage opportunities, maximizing its visibility to potential patients and clients. The building is zoned for Office/Medical use, providing flexibility for various medical practices or office uses. The 58-foot frontage on Broadway Avenue further enhances its prominent street presence. The space is currently divisible, with the potential to create two approximately 2,200 square foot units. The property is available for sale, and can be sold either with a tenant occupying 2,200 square feet or vacant, providing buyers with flexibility to suit their needs. This is an ideal opportunity for investors seeking a high-quality, well-located medical office building in a thriving Long Island community.

    Property profile
    Verified
    Property type Office Spaces
    Total area 4,400 SF
    Lot 0.5 ac (21,780 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Adriane Casner, LMHC Counselor
    • Sebastiano Vitelli & Co Accountants & Consultants LLC Accounting Firm Tax Preparation
    • Anna Miranda Alternative Medicine Practice
    • Freedom Tax & Business Service, LLC Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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