Property profile

490 Sunrise Hwy Rockville Centre, NY 11570

FOR LEASE
Auto Repair, Garage
Property ID
US63-0278480
5,320 SF 0.14 ac lot Built 1962
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Property summary

AI-generated overview

The property consists of a two-building portfolio totaling 15,300 square feet on three land parcels with a combined lot size of 21,039 square feet. Both buildings are situated on Sunrise Highway in Rockville Centre, New York, providing frontage and visibility along a primary retail corridor. The site is positioned near the Long Island Rail Road line and is within close proximity to Mount Sinai Hospital, with surrounding commercial retail uses. The property is suited to end-user retail use and may also offer potential for investor repositioning; it may be considered for redevelopment that leverages preliminary approvals for a multistory medical building, subject to applicable zoning and approvals.

Property profile

Verified
Property type Auto Repair, Garage
Year built 1962
Total area 5,320 SF
Lot 0.14 ac (6,000 SF)
APN 38-308-00-0037
UPID US63-0278480

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
  • Training Center Tutoring Service
  • Training Center Vocational School
  • Swimming School

Location

490 Sunrise Hwy Rockville Centre, NY 11570
Rockville Centre metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2023
Last sale
$750,000
1 recorded transaction
2023
$750,000
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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