For Sale: Retail and Office Building in Lynbrook, NY

116-118 BROADWAY, LYNBROOK, NEW YORK, 11563

Executive Summary:

Price:	$1,999,999
Building Size:	5,220 SF
Property Type:	Retail /Office
Lot Size:	0.22 Acres
Year Built:	198963
Price PSF:	$383
NOI:	N/A
Location:	116-118 Broadway, Lynbrook, NY 11563

Property Highlights

For Sale: Retail and Office Building in Lynbrook, NY
Pretzel Factory is a Current Tenant that is on a 10-Year Lease
Pretzel Factory Pays for their Own Utilities and Contributes Towards the Annual RE Taxes
Building has an Individual Wheelchair Access to the 2nd Floor
Located Close to Other Major Retail Spaces in Lynbrook
Within Walking Distance to the Lynbrook LIRR Train Station and Several Bus Stops
Short Distance from the Heart of Lynbrook with Several Shops and Restaurants

Property Overview

American Investment Properties is retained to sell the property located at 116-118 Broadway, Lynbrook, NY. At this location is a retail and office building that currently only has one tenant. There are 3 retail spaces on the ground floor with office spaces above. This property is located near several other retail and office spaces in Lynbrook, NY and is also located within walking distance to the Lynbrook LIRR train station.

About Lynbrook, NY

Lynbrook is a village in the Town of Hempstead in Nassau County, on the South Shore of Long Island, in New York, United States.

The area currently known as Lynbrook has had other names, including Rechquaakie (originally), Parson’s Corners, and Bloomfield. It was later named Pearsall’s Corners, after Mr. Pearsall’s General Store, because this store became a famous stagecoach stop for travelers coming from New York City to Long Island. Alternatively, it was called “Five Corners” because the stagecoach stop was at the crossing of Hempstead Avenue, Merrick Road, and Broadway. It became known as Lynbrook in 1894 and the village was incorporated in 1911. The name “Lynbrook” is derived by dividing “Brooklyn” into its syllables and transposing them, a tribute to the original home of many of the town’s turn-of-the-century residents.

Since 1912, Lynbrook has been served by the Lynbrook Police Department. The Chief of the Department is Brian Palladino. Since 1879, the Lynbrook Volunteer Fire Department has served Lynbrook. The department has six firehouses around Lynbrook. The Chief of the Department is Christopher Ambrosio. Lynbrook is also served by its own Department of Public Works, which provides sanitation management. The superintendent is Phil Healey.