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Property profile & analytics
OFF-MARKET Estimated value $1,640,000
Retail space

55 Post Ave Westbury, NY 11590-4361

2,932 SF 0.34 ac lot Built 1972
Entity Owned 28-yr Hold ~ Est. High Equity
Property ID
US63-2734362
Property summary
AI-generated overview

This exceptional 100-square-foot commercial office space at 55 Post Avenue, Westbury, NY 11590, presents a fantastic opportunity for a single practitioner or small business. Located in the heart of Westbury, this retail and office space offers unparalleled convenience and affordability. The property is a single-tenant space, ideal for maintaining privacy and control over your workspace. The space is immediately available and features a flexible month-to-month lease agreement, eliminating long-term commitments. A shared waiting area is included, providing a professional reception area for clients and customers. Ample convenient parking is available on-site, ensuring easy access for both you and your visitors. This turnkey solution allows you to focus on your business without the hassle of extensive setup or long-term lease obligations. The location's central position in Westbury offers excellent visibility and accessibility, making it an attractive option for attracting clients. Don't miss this chance to secure a well-located, affordable, and immediately available office space. This property is suited for a variety of professional uses, including traditional office work and coworking arrangements.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,932 SF
Lot 0.34 ac (14,985 SF)
APN 10-129-00-0256
UPID US63-2734362
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
  • Flashner Ziola R MD Physician Medical Clinic
  • Nicoletti Robert MD Physician
  • Abraham I. Abittan, M.D. Physician Medical Clinic
  • Mid Island Dermatology Physician Medical Clinic
  • Five massage studio Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.64M
Owner & transaction history
Post Realty LLC · 28 yrs held
Post Realty LLC
since 1998
1 recorded transaction
1998
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $2.6M +54.0%
Office building $2.1M +23.8%
Auto repair, garage $1.9M +15.3%
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