Lynbrook, NY Mixed-Use Building2018-05-31T10:39:14+00:00

Project Description

Lynbrook, NY Mixed-Use Building For Sale

393 Sunrise Highway, Lynbrook, NY 11563

Property Highlights

Price: $1,695,000
Building Size: 8,900 SF
Property Type: Mixed-Use
Lot Size: 0.11 Acres
Year Built: 1921
Cap Rate: 7.38%
NOI: $125,040
Location:
393 Sunrise Highway
Lynbrook, NY 11563

Description

The subject property is a two-story (plus basement) mixed-use building, located on the southeast corner of Sunrise Hwy and Atlantic Ave in downtown Lynbrook. The LIRR Lynbrook Station is located across the street. The property is approximately 8,900 square feet, and consists of 3 retail stores, and 5 offices. The building is occupied by a Luxury Dental, a coin store, and multiple upstairs offices. All second floor offices are occupied. These offices are elevator accessible and each unit comes with a private restroom and are separately sub-metered for utilities (including gas and electric).

Location

Lynbrook is a village located in Nassau County, Long Island, New York. The village is part of the Town of Hempstead.

As of the 2010 census, there were 19,427 people, 7,057 households, and 4,966 families residing in the area. The median income for a household in the village was $86,787, and the median income for a family was $107,719. Males had a median income of $62,931 and $54,027 for females. The latitude of Lynbrook is 40.654N. The longitude is -73.672W. It is in the Eastern Standard time zone. Elevation is 20 feet.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300 x202
(F) 516.390.5780

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