550 Broadway Ave, Holbrook, NY 11741
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.
-
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.