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    FOR LEASE
    Strip malls

    998 Old Country Rd, Plainview, NY 11803

    8,000 SF 0.32 ac lot Built 1963
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-1802416
    Property summary
    AI-generated overview

    This exceptional two-story office building, constructed in 1963, offers a prime opportunity in Plainview, NY. Located at 998 Old Country Rd, 11803, the property boasts a total of 17,736 square feet, currently featuring 2,603 square feet of immediately available space. The building is classified as a traditional office space, also suitable for executive office suites, and is configured for multiple tenants. The property benefits from abundant parking, a significant advantage in this location. The building's single structure is well-maintained and presents a strong opportunity for businesses seeking a well-established presence in Plainview. The available 2,603 square feet provides ample space for a variety of office configurations. The building's location on Old Country Road offers excellent visibility and signage opportunities, enhancing brand awareness and attracting potential clients. This property is ideal for businesses seeking a functional and conveniently located office space in a thriving Long Island community. The existing infrastructure and ample parking make this a highly attractive option for companies of all sizes. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1963
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 8,000 SF
    Lot 0.32 ac (13,983 SF)
    APN 12-555-00-0010
    UPID US63-1802416
    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
    • DiscountGoldAndDiamonds (Bike/Boat/Book/etc) Store
    • Jacqueline Rumore Thomas at Douglas Elliman Real Estate Real Estate Agency
    • Ronald S. Cook, PC, Attorney, Lawyer, Law Firm Law Firm
    • Levinson & Associates Law Firm
    • Sastow Law & Mediation Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.98M
    Owner & transaction history
    Morton Village Realty Co INC · 4 yrs held
    Morton Village Realty Co INC
    since 2022
    3 recorded transactions
    2022
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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