MLS#1019407
STATUSActive
PROPERTY TYPECommercial - Retail
SCHOOLLynbrook
Property Description
Attention All Investors, & Developers!!!, and End-Users! These 2 Buildings = 28,164 SQFT Office /Multiuse or Multi-Purpose Building on a Great lot in Lynbrook is now available for sale! The building offers exceptional signage, Total SQFT (31,101) Prime exposure, and strong zoning, with parking spaces, high ceilings, a skylight, and central air conditioning. Located in the heart of Lynbrook, just 2 blocks from the Lynbrook LIRR station, the property is ideally situated between Broadway & Merrick Road. Nearby neighbors include Starbucks, Audi, Acura, Volkswagen, Northwell Health, Bethpage Federal Credit Union, Dunkin', McDonald's, Enterprise Rent-A-Car, Stand-Up MRI, Karako Suits, Cold Stone Creamery, Regal Cinemas, White Castle, IHOP, KFC, and many more. With a daily traffic count of over 20,000 vehicles, this is a prime location for your next investment! Beautiful Invesment Opportunity, Great Traffic, Can Build Residential Homes up to 5-6 Stories and Tripple the NOI. Building #1 Gross Income $267,567 and Expenses is $40,135 Taxes $47,248 NOI = $180,184.00 its a LAW FIRM and next to it is Building #2 Collectibles Antique store Gross Income is $89,373 and Expenses is $13,406 and Taxes is $16,007 NOI = $59,960. Great Potential here as Owner is currently renting at Extremely Cheap rates now at $18.00 SQft and $8.00 SQft . Parking Lot for collectibles Included, Great Opportunity to Reconstruct for Mixed Use Developments and Residential uses Permitted above a certain floor level as its Commercial zoned for Any Multiple Use or Multi-Purpose.
Property Features
Property Type: Commercial - Retail
Basement: Yes
Basement: Finished
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.71 Acres
Stories: 2.0
Taxes: $63,255
Year Built: 1920
Feature Descriptions
Building Area Total: 31101
Business Type: Commercial, Convenience Store, Parking, Professional/Office
Days on Site: 5
Exterior: Frame
Fencing: Chain Link
Lot Features: Paved
On Market Date: 2026-07-02
Parking Features: Driveway
Parking Total: 3000
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Natural Gas Connected
Water: Other
Local Schools
School District: Lynbrook
Listed By / Shown By
Listing By
Agency Name: Coldwell Banker American Homes
Shown By
Agent Name: Linda Kyan
Agent Phone: (212) 518-3080
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29 & 21-23 Broadway | MLS# 1019407
This commercial property located at 29 & 21-23 Broadway, Lynbrook, NY 11563 is currently listed for sale by Coldwell Banker American Homes, with an asking price of $4,700,000. & 21-23 Broadway is located within the Lynbrook school district. Search Lynbrook real estate on lindakyan.cbamhomes.com today.