TRI-STATE EXCLUSIVE 91 Broadway 900 SF Retail Building Lynbrook, NY 11563 $1,200,000 ($1,333.33/SF) 8.50% Cap Rate
EXECUTIVE SUMMARY
Ron Kleinberg is the exclusive broker. This property is for sale for 1.2 M or( 8.5% actual cap rate on asking price)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
900 SF
Building Class
C
Year Built
1965
Price
$1,200,000
Price Per SF
$1,333.33
Cap Rate
8.50%
NOI
$102,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.09 AC
Zoning
C4 - Regional commercial center located outside of the central business district
Parking
6 Spaces (7.58 Spaces per 1,000 SF Leased)
Frontage
80’ on Broadway
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2025-42-128-00-0012-0 | Improvements Assessment | $601 |
| Land Assessment | $948 | Total Assessment | $1,549 |
