136 Woodbury Rd Woodbury, NY 11797

Property Details for 136 Woodbury Rd

Year built

1977

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.57 lot acres

Property size

596 SF

Property type

Office buildings

APN

14-028-00-0028

APU

14028000028

Description

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.

Location Insight

City

Woodbury

County

Nassau

State

New York

Longitude

-73.4606

Latitude

40.8281

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments