269-279 Burnside Ave - Storefront FOR SALE


Lawrence, NY 11559
$5,800,000 USD
631-425-1233
269-279 Burnside Ave, Lawrence, NY for Sale
$5,800,000 USD
Storefront - FOR SALE
1/3
null | 5.66% Cap Rate

269-279 Burnside Ave
Lawrence, NY 11559


HIGHLIGHTS

  • The Property is 100% occupied across five commercial units, providing immediate in-place cash flow from a diversified neighborhood retail rent roll.
  • The tenant roster is anchored by food, personal care, and healthcare-related uses, creating a practical neighborhood retail destination.
  • Located in Lawrence, the Property benefits from a dense surrounding residential base, strong local consumer demand, & limited competing retail supply.
  • The Property generates durable in-place income while preserving future flexibility to renew, re-tenant, or mark select spaces to market over time.

OVERVIEW

Cushman & Wakefield has been exclusively retained to arrange the sale of 269–279 Burnside Avenue, a fully occupied fivetenant retail strip located in Lawrence, New York, within the established Five Towns / Southern Nassau retail market. The Property consists of approximately 8,748 square feet across five commercial units on an approximately 18,731-square-foot lot. 269–279 Burnside Avenue offers investors a clean opportunity to acquire stabilized neighborhood retail in a high-barrier Nassau County submarket with durable cash flow, service-oriented tenancy, and a manageable private-capital basis.

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$684 USD /SF

CAP RATE

5.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

-

APN/PARCEL ID

2089-40-021-00-0001-0

ASK ABOUT THIS PROPERTY

Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.