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47-49 Atlantic Ave
Lynbrook, NY 11563
Fully Leased Two-Unit Retail Near LIRR · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Fully leased through 2024
  • Great location near LIRR

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
3,500 SF
Building Class
C
Year Built
1956
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.08 AC
Zoning
Commercial
Frontage
20’ on Atlantic Ave

AMENITIES

  • Commuter Rail
  • Metro/Subway
  • Restaurant
  • Air Conditioning

ABOUT 47-49 ATLANTIC AVE , LYNBROOK, NY 11563

Cushman & Wakefield has been exclusively retained to sell a two-unit fully-leased single-story retail building at 47-49 Atlantic Avenue, Lynbrook. The property consists of two long term tenants: Old Country Jerky and Halal Boyz. Old Country Jerky has put significant money into renovations/equipment and is in the process of getting approvals for commercial wholesale distribution. Halal Boyz has a brand new 10 year lease with (1) five-year extension. Halal Boyz is run by an experienced operator with multiple locations in New York including the Kennedy Fried Chicken Restaurant Chain. Both tenants pay for their own utilities and maintenance of their spaces. Ownership is responsible for real estate taxes, insurance, roof and structure, only. Roof, HVAC units, windows, and stucco were recently replaced/renovated. 47-49 Atlantic Avenue is ideally located just off Sunrise Highway and steps from the Lynbrook - LIRR Station. A new 1,600 seat movie theater recently opened less than one block away and approvals for a 80-unit condominium unit is located just two blocks away. Please do not disturb tenants, Property inspections are arranged by appointment only.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2025-37-454-00-0010-0
Land Assessment
$706
Improvements Assessment
$1,780
Total Assessment
$2,486
  • Listing ID: 18680973

  • Date on Market: 2/28/2020

  • Last Updated:

  • Address: 47-49 Atlantic Ave, Lynbrook, NY 11563

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