29 & 21-23 Broadway,Lynbrook, NY 11563
Lynbrook, NY 11563
Description
Attention All Investors, & Developers!!!, and End-Users! These 2 Buildings = 28,164 SQFT Office /Multiuse or Multi-Purpose Building on a Great lot in Lynbrook is now available for sale! The building offers exceptional signage, Total SQFT (31,101) Prime exposure, and strong zoning, with parking spaces, high ceilings, a skylight, and central air conditioning. Located in the heart of Lynbrook, just 2 blocks from the Lynbrook LIRR station, the property is ideally situated between Broadway & Merrick Road. Nearby neighbors include Starbucks, Audi, Acura, Volkswagen, Northwell Health, Bethpage Federal Credit Union, Dunkin', McDonald's, Enterprise Rent-A-Car, Stand-Up MRI, Karako Suits, Cold Stone Creamery, Regal Cinemas, White Castle, IHOP, KFC, and many more. With a daily traffic count of over 20,000 vehicles, this is a prime location for your next investment! Beautiful Invesment Opportunity, Great Traffic, Can Build Residential Homes up to 5-6 Stories and Tripple the NOI. Building #1 Gross Income $267,567 and Expenses is $40,135 Taxes $47,248 NOI = $180,184.00 its a LAW FIRM and next to it is Building #2 Collectibles Antique store Gross Income is $89,373 and Expenses is $13,406 and Taxes is $16,007 NOI = $59,960. Great Potential here as Owner is currently renting at Extremely Cheap rates now at $18.00 SQft and $8.00 SQft . Parking Lot for collectibles Included, Great Opportunity to Reconstruct for Mixed Use Developments and Residential uses Permitted above a certain floor level as its Commercial zoned for Any Multiple Use or Multi-Purpose.
Details
| MLS # | 1019407 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 123 |
| Listing Provided By | Coldwell Banker American Homes | Aideen Duignan |
Features
| SQ Feet | 31,101 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 2 |
| Zoning | C, X |
| Acreage | 0.71 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
Exterior
| Construction Materials | Frame |
|---|---|
| Foundation Details | Brick/Mortar |
| Lot Features | Paved |
| Fencing | Chain Link |
Parking
| Parking Features | Driveway |
|---|
Utilities
| Utilities | Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 63255 |
Area Information
| State | NY |
|---|---|
| County | Nassau County |
| City | Lynbrook |
| Zip Code | 11563 |
| Listing VS Median (in 11563) | |
Price: $4,300,000 low | high Med: $654,000 sqft: 31,101 low | high Med: 1,387 $ / sqft: $138 low | high Med: $488 On site: 123 low | high Med: 130 | |
Market Activity 11563
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Learn More About This Property
| State | NY |
|---|---|
| County | Nassau County |
| City | Lynbrook |
| Zip Code | 11563 |
| Listing VS Median (in 11563) | |
Price: $4,300,000 low | high Med: $654,000 sqft: 31,101 low | high Med: 1,387 $ / sqft: $138 low | high Med: $488 On site: 123 low | high Med: 130 | |
270 Main Street
Cornwall, NY 12518
845-534-7874
Hours of Operation
Specializing in Buying and
Selling Real Estate in Cornwall,
NY and surrounding areas.
Fair House Notice
SOP for Purchasers of Real Estate
