This exceptional 16,675 square foot medical office building, constructed in 1985, presents a fantastic opportunity for healthcare professionals seeking established space or build-to-suite options. Located at 36 Lincoln Avenue in Rockville Centre, this four-story building offers multiple tenancy options, with two immediately available suites ranging from 1,023 to 2,586 square feet. The building boasts a highly desirable corner location, providing excellent visibility and natural light. Each suite features modern amenities including windowed offices, exam rooms (three in some suites), waiting/reception areas, and restrooms. The property sits on a generous 3.8 acres of land, providing ample private and street parking for patients and staff. Its strategic location offers unparalleled convenience, being just 10 miles from JFK International Airport and within easy reach of major roadways including Sunrise Highway, Merrick Road, and the Southern State Parkway. The proximity to the Long Island Rail Road (LIRR) Rockville Centre station, along with nearby shops and restaurants, further enhances its appeal. A 30-minute commute to Manhattan adds to the property's desirability. This is a rare opportunity to secure prime medical office space in a thriving location. Contact us today to learn more about the available suites and explore the possibilities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$916,589
6.5%
$846,082
7%
$785,648
Comparable approach
Method
Valuation
Relative Method
$724,379
Geo Method
$724,379
Alternative Use
Use
Valuation
Residential
$1,049,142
Hospitality
$961,008
Educational
$799,547
Medical
$827,045
Retail
$1,243,740
Location Insight
City
Rockville Centre
County
Nassau
State
New York
Latitude
40.6557
Longitude
-73.6485
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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