Financial
Distress signals
Property profile

700 Rockaway Tpke Lawrence, NY 11559

FOR LEASE
Banks
Property ID
US63-6061511
5,295 SF 1.01 ac lot Built 1973
Last sale Apr 2007 · $3,600,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 4,000-square-foot, first-floor office unit in a professional office building located in Lawrence, New York, approximately 4 miles from JFK and near a cluster of logistics centers. The suite has a private entrance and an exclusive reception or waiting area, with an open-floor plan designed to accommodate up to 50 workstations, plus one private executive office and a dedicated conference room. The layout includes a large break room with a kitchenette, an IT/server room, and a separate utility

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$244k
Tax billed · 2023
Assessed value$76k
Assessed land$20k
Assessed improvement$56k
Effective rate321.89%

Value estimate

· Sep 2026
$1.32M
$1.18M – $1.45M
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$10k
Operating expenses−$11k
NOI · 859.78% cap applied$34k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$803/SF
County average, outlier-cleaned · 109 recorded sales of this use type
Observed band · Q1–Q3$378 – $1,467

Cap rate analysis

How does the asset earn?
859.78%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency59.2
Dental Office37.5
Law Firm36.5

Location

700 Rockaway Tpke Lawrence, NY 11559
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 8 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
315 Central, Lawrence, NY 11559-1605 $8,140,000 Jun 2025 14,400 SF
408 Rockaway, Lawrence, NY 11559-1123 $118,600 Sep 2022 896 SF
498 Central, Lawrence, NY 11559-1608 $2,850,000 Dec 2019 3,025 SF
11 Lawrence, Lawrence, NY 11559-1149 $11,500,000 Jan 2019 33,033 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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