Property profile

550 Broadway Ave Holbrook, NY 11741

OFF-MARKET
Office Spaces
4,400 SF 0.5 ac lot
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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

Current use

Occupant on record · Public records
  • Counselor
  • Accounting Firm Tax Preparation
  • Alternative Medicine Practice
  • Tax Preparation

Location

550 Broadway Ave Holbrook, NY 11741
Holbrook metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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