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    FOR SALE
    Office buildings

    136 Woodbury Rd, Woodbury, NY 11797

    596 SF 1.57 ac lot Built 1977
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US63-0273263
    Property summary
    AI-generated overview

    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
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING (MULTI-STORY)
    Year built 1977
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 596 SF
    Lot 1.57 ac (68,389 SF)
    APN 14-028-00-0028
    UPID US63-0273263
    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
    • Sejour & Associates PC Accounting Firm Tax Preparation
    • BrightStar Care Employment Agency
    • Accredited Property Management LLC Property Management Company
    • Improve My Bottom Line Consultant
    • Biblow Mark Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jjl 136 Woodbury LLC · 7 yrs held
    Jjl 136 Woodbury LLC
    since 2018
    3 recorded transactions
    2021
    2018
    1999
    $822,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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