342 Post AveWestbury, NY 11590

Property Details for 342 Post Ave

Year built

2015

Construction

FRAME

Lot size

0.17 AC

Property size (Sq ft)

1,900 SF

Property type

Retail space

APN

10-00L-00-0036

APU

1000L000036

Description

This exceptional mixed-use commercial property, situated on a 0.17-acre lot at 342 Post Avenue in Westbury, New York, presents a unique investment opportunity. The building, constructed of 100% brick, is a brand-new structure offering three commercial units ideally suited for a variety of businesses. Its prime location in the heart of Post Avenue ensures high visibility and significant foot traffic, benefiting from its proximity to major retail establishments and convenient access to major highways and the Long Island Rail Road (LIRR). The property's ample parking further enhances its appeal to potential tenants and customers. The versatile nature of the space makes it particularly well-suited for medical offices, urgent care centers, or other professional office uses. This is a truly exceptional opportunity to acquire a high-performing commercial property in a thriving and highly accessible location. The building's new construction and durable brick exterior promise low maintenance and long-term value. The strategic location, combined with the ample parking and high pedestrian traffic, guarantees a strong return on investment. Don't miss this chance to own a piece of Westbury's vibrant commercial landscape. The asking price is $2,750,000.

• CAP approach

  CAP return

  Valuation

  6%

  $461,766

  6.5%

  $426,246

  7%

  $395,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $625,600

  Geo Method

  $625,600

• Alternative Use

  Use

  Valuation

  Residential

  $359,554

  Hospitality

  $329,350

  Educational

  $274,015

  Medical

  $283,439

  Retail

  $426,246

Location Insight

City

Westbury

County

Nassau

State

New York

Latitude

40.761

Longitude

-73.5873

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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