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Multi-Story Building with Rent Upside 375 Sunrise Hwy 17,000 SF 97% Leased Retail Building Lynbrook, NY 11563 $6,205,230 CAD ($365.01 CAD/SF) 7.40% Cap Rate
Investment Highlights
- First sale in over 40 years — same family ownership
- Steps from Lynbrook LIRR station (Long Beach & Babylon branches) with direct Manhattan access
- Long-tenured, stable rent roll across 17 units (10 office, 7 retail) providing immediate in-place income
- ~275 FT of frontage on Sunrise Highway with ~45,000 VPD traffic count
- Mark-to-market rental upside — office rents ~$27/SF vs. $30/SF market; retail ~$33/SF vs. $40/SF market
Executive Summary
Property Facts
Amenities
- 24 Hour Access
- Commuter Rail
- Corner Lot
- Property Manager on Site
- Signalized Intersection
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Arbor Trades
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- kung foo tea
- Retailer
- -
-
$9.99
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Arbor Trades | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| kung foo tea | Retailer | - | $9.99 | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
JESSICA HOLLENSTEIN FOR ALL INFORMATION AND SHOWINGS: (516) 522-4969. Prime Office Space in Fantastic Location! Renovated 560sf office situated on 2nd floor of walk-up building, perfect for small business owners, entrepreneurs, and professional service providers. This quiet, versatile office includes 2 separate offices and a waiting room that can also serve as a 3rd office or employee area. Storage space for office supplies and equipment. A shared conference room on the same floor is available for use. 24/7 access. Central air. Tenant pays electric, while landlord covers heat. Includes 1 designated parking spot. Just one block from the LIRR and municipal parking.
| Space | Size | Space Use | Position | Available |
| 1 | 560 SF | Office | - | Now |
1
| Size |
| 560 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1
| Size | 560 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
JESSICA HOLLENSTEIN FOR ALL INFORMATION AND SHOWINGS: (516) 522-4969. Prime Office Space in Fantastic Location! Renovated 560sf office situated on 2nd floor of walk-up building, perfect for small business owners, entrepreneurs, and professional service providers. This quiet, versatile office includes 2 separate offices and a waiting room that can also serve as a 3rd office or employee area. Storage space for office supplies and equipment. A shared conference room on the same floor is available for use. 24/7 access. Central air. Tenant pays electric, while landlord covers heat. Includes 1 designated parking spot. Just one block from the LIRR and municipal parking.
Nearby Major Retailers
Property Taxes
| Parcel Number | 2025-42-122-00-0003-0 | Improvements Assessment | $14,607 CAD |
| Land Assessment | $4,061 CAD | Total Assessment | $18,668 CAD |
Property Taxes
Contacts
-
Stephen Preuss -
Christian Allimonos -
Andreas Efthymiou -
Jack Rovner -
Lily Harrington -
Ripco Real Estate
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Multi-Story Building with Rent Upside | 375 Sunrise Hwy
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