Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Accounting Firm Tax Preparation
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Employment Agency
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Property Management Company
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Consultant
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Physician Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Woodbury market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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