Property profile

136 Woodbury Rd Woodbury, NY 11797

FOR SALE
Office buildings
Property ID
US63-0273263
596 SF 1.57 ac lot Built 1977
Entity Owned 7-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • Employment Agency
  • Property Management Company
  • Consultant
  • Physician Medical Clinic

Location

136 Woodbury Rd Woodbury, NY 11797
Woodbury metro Census 518203 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2018
3 recorded transactions
2021
Price N/A
2018
Price N/A
1999
$822,500

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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