Property profile

453 Oyster Bay Rd Plainview, NY 11803

OFF-MARKET
Commercial real estate
Property ID
US63-3086068
840 SF 0.16 ac lot Built 1952
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,245 square foot medical office building, located at 453 S Oyster Bay Rd, Plainview, NY 11803, presents a unique owner-user opportunity. The two-story Class B building, situated on a 0.16-acre lot, is currently vacant and ready for immediate occupancy, with an occupancy date of January 1st, 2024. Built in the 1950s and undergoing ongoing renovations, the property boasts a prime location in Nassau County, offering easy access to major commuter routes like the Long Island Expressway and Northern State Parkway. The asking price is $799,000, translating to $355.90 per square foot. The building has been meticulously maintained by its long-term owner, reflecting a commitment to quality and first-class condition. This presents a rare chance to acquire a well-maintained medical office building in a highly desirable location, perfect for a medical professional seeking an owner-occupied investment. The property's strategic location along South Oyster Bay Road ensures high visibility and accessibility. This is an ideal opportunity for a medical practice seeking a move-in ready space with significant upside potential.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1952
Construction FRAME
Total area 840 SF
Lot 0.16 ac (6,958 SF)
APN 12-339-00-0016
UPID US63-3086068

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
  • Physician
  • Physician
  • Physician

Location

453 Oyster Bay Rd Plainview, NY 11803-3311
Plainview metro Census 519601 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
$165k

Owner & transaction history

since 2025
Last sale
$750,000
4 recorded transactions
2025
$750,000
2024
Price N/A
2013
Price N/A
2012
$162,500

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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