Property profile

36 Lincoln Ave Rockville Centre, NY 11570

OFF-MARKET
Office buildings
Property ID
US63-0699897
5,544 SF 0.38 ac lot Built 1985
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 16,675 square foot medical office building, constructed in 1985, presents a fantastic opportunity for healthcare professionals seeking established space or build-to-suite options. Located at 36 Lincoln Avenue in Rockville Centre, this four-story building offers multiple tenancy options, with two immediately available suites ranging from 1,023 to 2,586 square feet. The building boasts a highly desirable corner location, providing excellent visibility and natural light. Each suite features modern amenities including windowed offices, exam rooms (three in some suites), waiting/reception areas, and restrooms. The property sits on a generous 3.8 acres of land, providing ample private and street parking for patients and staff. Its strategic location offers unparalleled convenience, being just 10 miles from JFK International Airport and within easy reach of major roadways including Sunrise Highway, Merrick Road, and the Southern State Parkway. The proximity to the Long Island Rail Road (LIRR) Rockville Centre station, along with nearby shops and restaurants, further enhances its appeal. A 30-minute commute to Manhattan adds to the property's desirability. This is a rare opportunity to secure prime medical office space in a thriving location. Contact us today to learn more about the available suites and explore the possibilities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction CONCRETE
Total area 5,544 SF
Lot 0.38 ac (16,727 SF)
APN 38-315-00-0139
UPID US63-0699897

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
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician
  • Physician
  • Pediatrician Medical Clinic

Location

36 Lincoln Ave Rockville Centre, NY 11570-5768
Rockville Centre metro Census 412301 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
$6.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.73M
Blend (final) Blend
$6.30M

Owner & transaction history

since 2024
Last sale
$6.3M
7 recorded transactions
2024
$6.3M
2020
$6.0M
2020
Price N/A
2014
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $7.3M +86.5%
Warehouse, storage $5.1M +30.3%
Restaurant $4.9M +25.8%

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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