Flexible Business-Restricted
1118 Long Pond Rd Greece, NY 14626
For Sale
$899,900
Business-restricted property on a 4.2-acre parcel with updated interior, multiple private offices, and parking for 100+ cars.
Property Size8,339 SF
Lot Size4.20 Acres
Price / SF$107.91
Days on Market281
Property Features for 1118 Long Pond Rd
General Information
- Standard status
- Active
- Size
- 8,339 SF
- Lot size
- 4.20 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1973
Listing Agency:
WCI Realty
(585) 455-7425
Listed By:
Richard Borrelli · License #30BO0890808
(585) 455-7425
Source:
Xome
Added: Oct 17, 2025
Changed: Jul 23
Last Checked: Jul 23 at 9:14AM
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 WCI Realty
Investment Insights
Based on property information with market context.
This for-sale flexible commercial property is set on a 4.2-acre parcel in Greece, New York. The 8,339 SF building includes an updated interior and multiple private offices, supported by a layout suited to a range of professional, wellness, and community-oriented uses as allowed under its BR business-restricted zoning. Parking is available for 100+ cars, and the site includes a large three-car wide garage area plus a detached garage.
The property is located on Long Pond Rd near the corner of Long Pond Rd and Maiden Lane, about a half-mile north of the Rt 104/Long Pond Rd intersection. It is surrounded by dense residential neighborhoods and a retail plaza is on the north side of the property, with access described as easy to Rt 104, I-390, and the Ontario State Parkway.
As presented, the site is positioned to support a standalone business center concept, with on-site parking and adaptable interior office space within the business-restricted zoning framework.
The property is located on Long Pond Rd near the corner of Long Pond Rd and Maiden Lane, about a half-mile north of the Rt 104/Long Pond Rd intersection. It is surrounded by dense residential neighborhoods and a retail plaza is on the north side of the property, with access described as easy to Rt 104, I-390, and the Ontario State Parkway.
As presented, the site is positioned to support a standalone business center concept, with on-site parking and adaptable interior office space within the business-restricted zoning framework.
Key Highlights
- Business‑restricted commercial property on a 4.2‑acre parcel with waterfront and river access
- 8,339 SF building (built 1973) with updated interior and multiple private offices
- Parking for 100+ cars, including a huge 3‑car wide plus detached garage and 102 on‑site spaces
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.1k | $15.60 |
| − Vacancy | −$8.6k | −$1.03 |
| EGI | $121.5k | $14.57 |
| − OpEx | −$42.5k | −$5.10 |
| NOI | $79.0k | $9.47 |
8,339 SF · lease $15.60/SF/yr · vacancy 6.60% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.71M
$1.50M – $2.00M
NOI $119,931 @ 7.0% cap · market cap 13.33%
Second Best
Healthcare Medical
$1.66M
$1.45M – $1.94M
NOI $116,239 @ 7.0% cap · market cap 12.92%
Theoretical Best
Office A
$2.28M
$2.00M – $2.67M
NOI $159,909 @ 7.0% cap · market cap 17.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Business-restricted property on a 4.2-acre parcel with updated interior, multiple private offices, and parking for 100+ cars.
Where is this flex space located?
The property is located at 1118 Long Pond Rd Greece, NY.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Business‑restricted commercial property on a 4.2‑acre parcel with waterfront and river access; 8,339 SF building (built 1973) with updated interior and multiple private offices; Parking for 100+ cars, including a huge 3‑car wide plus detached garage and 102 on‑site spaces
