Office Building with
107 S CENTRAL AVE, Valley Stream, NY 11580
For Sale
Contact for pricing
For sale office building offering two current vacancies near the Valley Stream LIRR station.
Property Size8,030 SF
Price / SF$311.21
Days on Market145
Property Features for 107 S CENTRAL AVE
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Occupancy
Lease Type
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
American Investment Properties
Listed By:
Ron Koenigsberg CCIM · License #NY 31K00933350
(516) 993-7252
Source:
Crexi
Added: Jun 17
Changed: Oct 25
Last Checked: Nov 6 at 5:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of American Investment Properties
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Investment Insights
Based on property information with market context.
This offering is an office building with two current vacancies, providing space for an owner-operator or for new tenants to move in. The property is listed for sale and totals 8,030 square feet.
The building is located at 107 S Central Ave in Valley Stream, New York, and is within 0.5 mile of the Valley Stream LIRR train station. It is also near neighborhood amenities, supporting everyday access for staff and visitors.
With two available suites, the property can fit a range of office users looking for an established building in a commuter-accessible area. Prospective buyers may also consider the configuration as an opportunity to stabilize occupancy by leasing the currently vacant space while maintaining an office-focused investment or owner-user strategy.
The building is located at 107 S Central Ave in Valley Stream, New York, and is within 0.5 mile of the Valley Stream LIRR train station. It is also near neighborhood amenities, supporting everyday access for staff and visitors.
With two available suites, the property can fit a range of office users looking for an established building in a commuter-accessible area. Prospective buyers may also consider the configuration as an opportunity to stabilize occupancy by leasing the currently vacant space while maintaining an office-focused investment or owner-user strategy.
Key Highlights
- Office building at 107 S Central Ave, Valley Stream
- Year built: 1960
- Currently has 2 vacancies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,079
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,761,580
$2.8M
Cap Rate 7%
$1,972,557
$2.0M
Cap Rate 9%
$1,534,211
$1.5M
Market Conditions
NOI Build-Up for 8,030 SF
Gross rent
$224.5K $27.96/SF
− Vacancy
−$40.4K −$5.03/SF
EGI
$184.1K $22.93/SF
− OpEx
−$46.0K −$5.73/SF
NOI
$138.1K $17.20/SF
Area
Nassau County, NY
Vacancy
18.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,761,580
Cap Rate 7%
$1,972,557
Cap Rate 9%
$1,534,211
Alternative Uses
Best Use
Office B
$1.97M
$1.73M – $2.30M
NOI $138,079 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.31M
$4.65M – $6.19M
NOI $371,648 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,924
Businesses Nearby
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Business Placement
Demographics for 11580, NY
43,026
Population
13,582
Households
3.2
Avg Household Size
41
Median Age
38%
College-Educated
89%
High-School Grad
3.9 sq mi
ZIP Area
11,032
Density / Sq Mi
$135,385
Median Household Income
$56,417
Median Earnings
$1,852
Median Rent
$602,500
Median Home Value
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Market
Properties on Market for Office buildings in Nassau County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - For sale office building offering two current vacancies near the Valley Stream LIRR station.
Where is this office building located?
The property is located at 107 S CENTRAL AVE Valley Stream, NY.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Office building at 107 S Central Ave, Valley Stream; Year built: 1960; Currently has 2 vacancies
