Share This Listing

Message

923 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Lynbrook Medical and Professional Center 10 Union Ave 9,500 SF 82% Leased Office Building Lynbrook, NY 11563 $2,599,000 ($273.58/SF) 6% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • HIGH VISIBILITY AND TRAFFIC COUNT
  • LONG TERM RETAIL AND OFFICE PROFESSIONALS
  • FREE PARKING

EXECUTIVE SUMMARY

LOCATION LOCATION LOCATION .
PRIME CORNER BUSY INTERSECTION INVESTMENT OPPORTUNITY WITH STRONG CASH FLOW
AND PRIVATE PARKING IN REAR .
MINUTES TO LIRR LYNBROOK STATION
WALK SCORE 91/100 ,TRANSIT SCORE 55/100 ,BIKE SCORE 54/100
FEATURING MIX OF BOTH RETAIL AND OFFICE PROFESSIONALS .

ATTACHMENTS

Survey

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
9,500 SF
Building Class
C
Year Built
1952
Price
$2,599,000
Price Per SF
$273.58
Cap Rate
6%
NOI
$155,898
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,025 SF
Building FAR
0.39
Lot Size
0.56 AC
Zoning
Commercial X - Commercial
Parking
21 Spaces (2.33 Spaces per 1,000 SF Leased)

AMENITIES

  • Central Heating
  • Natural Light
  • Drop Ceiling
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 10
  • 800 SF
  • Office/Medical
  • Full Build-Out
  • Now

FORMER HOLISTIC MEDICINE WITH OPEN FLOOR IN EXCELLENT CONDITION

  • 1st Fl-Ste 10 A
  • 900 SF
  • Retail
  • Full Build-Out
  • Now

PRIME LYNBROOK LOCATION STORE FRONT WITH TREMENDOUS PUBLIC EXPOSURE MINUTES TO LIRR LYNBROOK STATION BLEND IN STRONG LOCAL BUSINESS DISTRICT ,ACROSS LYNBROOK HIGH SCHOOL 24/7 EMERGENCY SERVICE TEAM IN PLACE

  • 1st Fl-Ste 11B
  • 400 SF
  • Office
  • Full Build-Out
  • 30 Days

NEWLY RENOVATED OFFICE RETAIL BUILDING MULTIPLE OFFICE SUITES AVAILABLE FOR OFFICE USE /MEDICAL PROFESSIONAL ETC..... AVAILABLE UNITS FOR IMMEDIATE OCCUPANCY. SOME OF THE UNITS CAN BE COMBINED.

Space Size Space Use Condition Available
1st Fl-Ste 10 800 SF Office/Medical Full Build-Out Now
1st Fl-Ste 10 A 900 SF Retail Full Build-Out Now
1st Fl-Ste 11B 400 SF Office Full Build-Out 30 Days

1st Fl-Ste 10

Size
800 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 10 A

Size
900 SF
Space Use
Retail
Condition
Full Build-Out
Available
Now

1st Fl-Ste 11B

Size
400 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 10

Size 800 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

FORMER HOLISTIC MEDICINE WITH OPEN FLOOR IN EXCELLENT CONDITION

1st Fl-Ste 10 A

Size 900 SF
Space Use Retail
Condition Full Build-Out
Available Now

PRIME LYNBROOK LOCATION STORE FRONT WITH TREMENDOUS PUBLIC EXPOSURE MINUTES TO LIRR LYNBROOK STATION BLEND IN STRONG LOCAL BUSINESS DISTRICT ,ACROSS LYNBROOK HIGH SCHOOL 24/7 EMERGENCY SERVICE TEAM IN PLACE

1st Fl-Ste 11B

Size 400 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

NEWLY RENOVATED OFFICE RETAIL BUILDING MULTIPLE OFFICE SUITES AVAILABLE FOR OFFICE USE /MEDICAL PROFESSIONAL ETC..... AVAILABLE UNITS FOR IMMEDIATE OCCUPANCY. SOME OF THE UNITS CAN BE COMBINED.

Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2025-38-361-00-0101-0
  • 2025-38-361-00-0226-0
  • 2025-38-361-00-0230-0
Land Assessment
$6,531
Improvements Assessment
$6,365
Total Assessment
$12,896
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 35750294

  • Date on Market: 5/5/2025

  • Last Updated:

  • Address: 10 Union Ave, Lynbrook, NY 11563

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}