32 Atlantic Ave Lynbrook, NY 11563

This exceptional 7-unit retail building, situated on a 0.25-acre lot (10,850 sqft) at 32 Atlantic Ave in Lynbrook, NY, presents a compelling investment or owner-user opportunity. The 9,400+ square foot building boasts excellent signage and visibility on a high-traffic street (4,900+ vehicles daily), benefiting from its location in the heart of Lynbrook Centre, just one block from the Lynbrook LIRR station and midway between Sunrise Highway and Merrick Road. The property features 146 parking spaces, high 10' ceilings, all new LED lighting, a skylight, and 200-amp power, along with central air conditioning. Current tenants include a deli (3,000 sqft, $67,980 annual income, lease expiring 2026), a nail salon (2,000 sqft, $44,496 annual income, lease expiring 2026), and a cooking school/catering facility (2,000 sqft, $32,136 annual income, lease expiring 2025). The second floor comprises four additional suites (1,500, 500, 600, and 600 sqft) generating annual income of $36,000, $12,000, $14,400, and $14,400 respectively, all with month-to-month leases. Annual gross income totals $221,412, while annual expenses (including gas, electric, maintenance, insurance, water, snow removal, landscaping, and taxes) amount to $100,289. The deli space can be delivered vacant if needed to accommodate an owner-user. Strong zoning and proximity to numerous national brands (Starbucks, Audi, Acura, Volkswagen, etc.) further enhance this property's value and potential. This property offers significant upside potential for investors and a prime location for businesses seeking high visibility and accessibility.