453 Oyster Bay Rd, Plainview, NY 11803-3311
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.
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Melvin Holden, MD Physician
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Island Pulmonary Internists Physician
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Progressive Obgyn Physician
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Dr. Peter A. Holden, MD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.