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Property profile & analytics
FOR SALE
Medical Office Space

504 Merrick Rd Lynbrook, NY 11563

Built 1965
Property ID
US63-1433811
Property summary
AI-generated overview

This stunning, fully renovated ground-floor office space in Lynbrook, NY, is available for sale. Located in the Lynbrook Terrace building, just blocks from the Long Island Rail Road, this co-op unit offers a sophisticated design with high-end finishes, including crown molding, recessed lighting, and a surround sound system. The 1965 building underwent a complete renovation in 2019. The space features a welcoming waiting room, two spacious treatment rooms equipped with sinks, a modern full bathroom with a shower, and ample closet space. A convenient on-site laundry room is also available. Enjoy a serene garden patio at the back of the building, perfect for breaks or meetings. Dual access points—through the main lobby or a side entrance—provide flexible entry. The unit includes one parking space per unit. This turnkey office space, ideal for executive, medical, or traditional office use, is ready for immediate occupancy. Its prime location and modern amenities make it a rare opportunity to acquire a highly desirable workspace. The asking price is $185,000. The property is an owner/user investment.

Property profile
Verified
Property type Medical Office Space
Year built 1965
UPID US63-1433811
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
  • Michael Katz MD PC Physician
  • Joni's Place High School
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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