36 Lincoln AveRockville Centre, NY 11570

  • Office buildings
  • 5,544 SF

Property Details for 36 Lincoln Ave

Year built
1985
Construction
CONCRETE
Lot size
0.38 AC
Property size (Sq ft)
5,544 SF
Property type
Office buildings
APN
38-315-00-0139
APU
38315000139

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$167,004
$4,097
$32,193
$36,290
-
-
-
$3,629,000

FAQs

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