Property profile

200 S Service Rd Roslyn Heights, NY 11577

FOR LEASE
Office buildings
Property ID
US63-2542293
7,503 SF 0.85 ac lot Built 1962
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional office space in Roslyn Heights, NY, offers 910 square feet of functional office area, complemented by an additional 500 square feet of valuable storage space. The property is situated at 200 S. Service Road, 11577, in Nassau County, and is ideal for a variety of businesses, including traditional, medical, and executive offices. The building boasts ample on-site parking, ensuring convenient access for employees and clients. Its elevated position provides excellent visibility and a sense of prominence. Enjoy the convenience of 24/7 access, allowing for flexible work schedules. The location is strategically positioned near the Long Island Expressway (LIE) and Northern State Parkway, providing easy access to major transportation arteries and placing you minutes from the Queens border. Accessibility features include convenient handicap access. Furthermore, the lease includes heat and air conditioning, and electricity, minimizing operational costs. This multi-tenant building presents a fantastic opportunity to establish or expand your business in a thriving Long Island community. The combination of space, amenities, and location makes this property a highly desirable option for discerning businesses seeking a productive and well-appointed workspace.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,503 SF
Lot 0.85 ac (36,939 SF)
APN 07-00M-00-0763
UPID US63-2542293

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
  • Law Firm
  • Physician Medical Clinic
  • General Contractor
  • Psychotherapist Service Establishment

Location

200 S Service Rd Roslyn Heights, NY 11577
Roslyn Heights metro Census 302200 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
$1.80M
Blend (final) Blend
$1.33M

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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