29 & 21-23 Broadway

Lynbrook, NY 11563
  • $4,900,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing HRC01 - 152937

Attention All Investors, & Developers!!!, and End-Users! These 2 Buildings = 28,164 SQFT Office /Multiuse or Multi-Purpose Building on a Great lot in Lynbrook is now available for sale! The building offers exceptional signage, Total SQFT (31,101) Prime exposure, and strong zoning, with parking spaces, high ceilings, a skylight, and central air conditioning. Located in the heart of Lynbrook, just 2 blocks from the Lynbrook LIRR station, the property is ideally situated between Broadway & Merrick Road. Nearby neighbors include Starbucks, Audi, Acura, Volkswagen, Northwell Health, Bethpage Federal Credit Union, Dunkin', McDonald's, Enterprise Rent-A-Car, Stand-Up MRI, Karako Suits, Cold Stone Creamery, Regal Cinemas, White Castle, IHOP, KFC, and many more. With a daily traffic count of over 20,000 vehicles, this is a prime location for your next investment! Beautiful Invesment Opportunity, Great Traffic, Can Build Residential Homes up to 5-6 Stories and Tripple the NOI. Building #1 Gross Income $267,567 and Expenses is $40,135 Taxes $47,248 NOI = $180,184.00 its a LAW FIRM and next to it is Building #2 Collectibles Antique store Gross Income is $89,373 and Expenses is $13,406 and Taxes is $16,007 NOI = $59,960. Great Potential here as Owner is currently renting at Extremely Cheap rates now at $18.00 SQft and $8.00 SQft. with short term LEASES. Parking Lot for collectibles Included, Great Opportunity to Reconstruct for Mixed Use Developments and Residential uses Permitted above a certain floor level as its Commercial zoned for Any Multiple Use or Multi-Purpose.

Listing Highlights for 29 & 21-23 Broadway

Status Active
Days on Site 177
Property Type Commercial Sale
MLS ® 834350
Year Built 1920
Total Square Footage 0
Lot/Acreage N/A
County Nassau County

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished
  • Other:
  • Water: Other

Exterior Details

  • Lot Description: Paved,No Waterfront
  • Garage Capacity: N/A
  • Parking Spaces: 3000
  • Roof:
  • Others: Updated/Remodeled
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $63,255
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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Listing Location

Questions About..

29 & 21-23 Broadway Lynbrook, NY 11563

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Originating MLS: onekey2

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