267 Burnside Avenue

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267 Burnside Avenue

Lawrence, NY 11559
Asking Price
$2.30M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for purchase in Lawrence, New York.
  • The property is located at 267 Burnside Avenue, 11559.
  • The asset is priced at an asking price of $2,300,000.
  • Property is well-positioned for retail or professional service tenants.
  • Situated within an established Long Island suburban commercial market.

What's Special

This retail storefront at 267 Burnside Avenue in Lawrence, New York, is currently available for purchase, presenting a functional asset for investors or owner-occupiers seeking a presence in this established suburban community. The property functions as an ideal space for a variety of retail businesses looking to capitalize on local consumer traffic in Nassau County. Its position in the Village of Lawrence offers proximity to key regional transit corridors and the broader economic activity of the Long Island market. Buyers may consider various commercial uses for this storefront, ranging from boutique retail and professional services to neighborhood-oriented businesses. The layout provides the necessary flexibility for modern business operations while maintaining a strategic location within the submarket. Investors looking for a tangible asset in a dense, well-traveled residential area will find this offering aligns with standard commercial real estate portfolio requirements.

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NOI
$80,000
Cap Rate
3.48%
DSCR
0.59
Underwater
Cash-on-Cash
-8.20%
Monthly Payment
$11,379.145
Annual Cash Flow
$-56,549.741

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