Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    306 Broadway Lynbrook, NY 11563-3207

    • Investment properties
    • 2,135 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    May 15, 2023
    $450,000
    Location Intelligence
    Property ID
    US63-0259216
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Shaheda A. Quraishi, MD / Pain Management Physician
    • Shaheda Amin Quraishi / Pain Management Physician / Health Care Facility
    • Levine & Overby: Overby Michael MD / Doctor
    • Northwell Health Physician Partners Neurosurgery & Spine at Lynbrook / Surgical Center / Neurosurgeon
    • Alla Chernenko / Doctor / Family Practice Physician

    Property Details for 306 Broadway

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.31 lot acres
    Property size
    2,135 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    42-155-00-0245
    APU
    42155000245

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $330,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $395,000
      Mixed-Use
      $300,000
      Hospitality
      $315,000
      Educational
      $335,000
      Residential Income
      $335,000
      Energy
      $305,000
      Income-Based Land
      $390,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynbrook
    County
    Nassau
    State
    New York
    Longitude
    -73.6821
    Latitude
    40.6503
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $30,296
    $2,679
    $1,031
    $3,710
    -
    $0.00
    $0.00
    $371,000

    Comparable in this City

    • Value Estimation by Request
      1,160 SF

      218 Hempstead Ave

      STORE/OFFICE (MIXED USE) • 1,160 SF
      218 Hempstead Ave, Lynbrook, NY 11563-1611
      View Details
    • Value Estimation by Request
      720 SF

      Hempstead Ave

      STORE/OFFICE (MIXED USE) • 720 SF
      Hempstead Ave, Lynbrook, NY 11563
      View Details
    • Value Estimation by Request
      370 SF

      193 Horton Ave

      STORE/OFFICE (MIXED USE) • 370 SF
      193 Horton Ave, Lynbrook, NY 11563-2305
      View Details
    • Value Estimation by Request
      2,000 SF

      445 Merrick Rd

      STORE/OFFICE (MIXED USE) • 2,000 SF
      445 Merrick Rd, Lynbrook, NY 11563-2542
      View Details
    • Value Estimation by Request
      1,180 SF

      826 Stauderman Ave

      STORE/OFFICE (MIXED USE) • 1,180 SF
      826 Stauderman Ave, Lynbrook, NY 11563
      View Details
    • Value Estimation by Request
      9,180 SF

      826 Stauderman Ave

      STORE/OFFICE (MIXED USE) • 9,180 SF
      826 Stauderman Ave, Lynbrook, NY 11563
      View Details

    Similar Nearby for Sale

    • $775,000
      2,807 SF

      Lynbrook Duplex with Investment Potential

      Two-family home in Lynbrook near transportation, schools, shops, and restaurants.
      169 Spencer Ave, Lynbrook, NY 11563
      View Details
    • $2,200,000
      9,431 SF

      Hempstead Commercial Investment Opportunity

      High-Traffic Retail Building, Excellent Income
      32 Atlantic Ave, Hempstead, NY 11563
      View Details
    • $179,990

      Studio Apartment in Lynbrook Building

      Studio apartment in Lynbrook with elevator, pool, and parking.
      75 Noble St, Lynbrook, NY 11563
      View Details
    • $289,000

      Top Floor Corner Unit Apartment

      One bedroom apartment with parking, gym, and laundry.
      185 Atlantic Ave, Lynbrook, NY 11563
      View Details
    • $780,000

      Two-Family House in Great Location

      Two-family house in a great location, ideal for renters.
      44 Jefferson Ave, Lynbrook, NY 11563
      View Details
    • $850,000
      0.25 Acres

      Updated Two-Family Home with Yard

      Legal two-family home with updated kitchens, finished basement, and yard.
      11 Duryea Pl, Lynbrook, NY 11563
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,620 SF

      Lynbrook Medical Office Space for Lease

      Prime Medical Office, Nassau County, NY
      444 Merrick Rd, Lynbrook, NY 11563
      View Details
    • Contact for pricing
      3,000 SF

      Lynbrook Retail Space Available

      3,000 SF retail space for lease in Lynbrook, NY.
      201-203 Sunrise Hwy, Lynbrook, NY 11563
      View Details
    • $6,500 /Mo

      Warehouse with Office Space

      3,495 sq ft warehouse with office, drive-in door.
      350 Hendrickson Ave, Lynbrook, NY 11563
      View Details
    • $3,200 /Mo

      Lynbrook Storefront on Sunrise Highway

      1,000 SF storefront in prime Lynbrook location for lease.
      412 Sunrise Hwy, Lynbrook, NY 11563
      View Details
    • Contact for pricing
      1,896 SF

      Lynbrook Office Space Available

      Office space for rent in Lynbrook, convenient location.
      266 W Merrick Rd, Lynbrook, NY 11563
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space Near Lynbrook LIRR

      Retail space available in mixed-use building near Lynbrook LIRR.
      1 Langdon Pl, Lynbrook, NY 11563
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    306 Broadway
    Lynbrook, NY 11563-3207
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.