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    Property profile & analytics
    OFF-MARKET Estimated value $6,300,000
    Office buildings

    36 Lincoln Ave, Rockville Centre, NY 11570-5768

    5,544 SF 0.38 ac lot Built 1985
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US63-0699897
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • South Shore Cosmetic Surgeons Physician Medical Clinic
    • Hassan K a MD Physician Medical Clinic
    • Bernadette Andre, OT Physician
    • Shyam K. Vekaria, M.D. Physician
    • Dr. Fred G. Teyan, MD Pediatrician Medical Clinic
    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
    36 Lincoln Ave Group LLC · 2 yrs held
    36 Lincoln Ave Group LLC
    since 2024
    Last sale
    $6.3M
    7 recorded transactions
    2024
    $6.3M
    2020
    $6.0M
    2020
    2014
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $7.3M +86.5%
    Warehouse, storage $5.1M +30.3%
    Restaurant $4.9M +25.8%
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