29 & 21-23 Broadway Lynbrook, NY $ 4,700,000
29 & 21-23 Broadway
$ 4,700,000
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29 & 21-23 Broadway

Lynbrook, NY, 11563
$ 4,700,000
Bedrooms-- Baths-- Sq 31,101

Monthly Estimate*

$ 29,676

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Commercial Property for sale in Lynbrook, NY

for $4,700,000. This 31,101 square foot building was built in 1920 on a lot size of 0.713981.

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. with short term LEASES. 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.

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Commercial Active

Price

$ 4,700,000

Property Type

Commercial

Taxes

$ 63,255

Style

Retail

Lot Size

0.713981

Year Built

1920

Town/City

Lynbrook

County/Region

Nassau

MLS | Web ID

1019407

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Connected
Zoning C X
Construction Materials Frame
Year Built 1920
Stories Count 2
Property Subtype Retail
Tax Year 2025
Business Type Commercial Convenience Store Parking Professional/Office
County Nassau County
Property Type Commercial Sale
City Hempstead
High School District Lynbrook
Number Of Units Total 2
Property Attached Y/N N
Tax Annual Amount 63255
Property Condition Updated/Remodeled
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Lynbrook
Elementary School District Lynbrook
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Interior
Basement Finished
Total Stories 2
Basement Features Finished
Basement (Y/N) Y
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Exterior
Fencing Chain Link
Parking Features Driveway Driveway
Water Source Other
Total Parking 3000
Parking Spaces 3000
Foundation Details Brick/Mortar
Building Area Total 31101
Waterfront Y/N N
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Internal Only
Street Number 1 29
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* Excluded Features
List By
Aideen Duignan

Listing Agent

Coldwell Banker American Homes

Broker

516-665-2000

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Affordability Calculator

$34,948
Per Month
85%
15%
0%
Monthly Principal & Interest
$29,676
Monthly Property Taxes
$5,271
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4100895 Elementary School
5432835 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/2/2026$4,700,000 Listed Price

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29 & 21-23 Broadway, Lynbrook, NY, 11563 is a Commercial Property for sale at $4,700,000 with 31,101 sqft and a lot size of 0.713981. 29 & 21-23 Broadway was built in 1920. The property's zip code is 11563 which is in Lynbrook, NY