Warehouse Near LIRR
127 S 4th St New Hyde Park, NY 11040
127 S 4th St, New Hyde Park, NY, 11040
Contact for pricing
For Sale
Contact for pricing
Warehouse property for sale located in the Village of New Hyde Park near LIRR New Hyde Park Station.
Property Size11,000 SF
Price / SF$399.55
Days on Market100
Property Features for 127 S 4th St
General Information
- Standard status
- Active
- Size
- 11,000 SF
- Property subtype
- Industrial
Listing agency
Metro Realty Services LLC
(631) 770-0700
Listed by
Mark Timpone · License #NY000
Source
Crexi
Added: Apr 13 Updated: Jul 21 at 6:36AM Checked: Jul 21 at 6:36AM
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 Metro Realty Services LLC
Investment Insights
Based on property information with market context.
This warehouse property is offered for sale and is located in the Village of New Hyde Park. The offering is described as a warehouse asset with access to public transit in close proximity.
The property is walkable to LIRR New Hyde Park Station and is positioned near the NYC market corridor, with the remainder of the immediate context described broadly as being close to New York City.
Additional details such as building configuration, condition, and specific improvements are not provided in the information available.
The property is walkable to LIRR New Hyde Park Station and is positioned near the NYC market corridor, with the remainder of the immediate context described broadly as being close to New York City.
Additional details such as building configuration, condition, and specific improvements are not provided in the information available.
Key Highlights
- Warehouse property for sale in the Village of New Hyde Park
- Located near LIRR New Hyde Park Station with a walk to the station
- Close to NYC
Local Financial Insights For Warehouse
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 | $241.6k | $21.96 |
| − Vacancy | −$16.7k | −$1.52 |
| EGI | $224.9k | $20.44 |
| − OpEx | −$33.7k | −$3.07 |
| NOI | $191.2k | $17.38 |
11,000 SF · lease $21.96/SF/yr · vacancy 6.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.73M
$2.39M – $3.19M
NOI $191,159 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.27M
$6.36M – $8.49M
NOI $509,108 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
BSE Rep
Department Store
Hall Flooring Co. ...
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Extra Space Storage — 2101 Jericho Turnpike, New Hyde Park, NY 11040
- Embark Imports & Exports — 57 Denton Ave, North New Hyde Park, NY 11040
- Extra Space Storage — 1 Herricks Rd, Garden City Park, NY 11040
- Moving Ahead Moving and Storage — 101 5th Ave, Garden City Park, NY 11040
- Extra Space Storage — 1990 Jericho Turnpike, New Hyde Park, NY 11040
FAQs
What type of property is this?
Warehouse - Warehouse property for sale located in the Village of New Hyde Park near LIRR New Hyde Park Station.
Where is this warehouse located?
The property is located at 127 S 4th St New Hyde Park, NY.
What is the asking price?
The asking price for this property is $4,395,000.
What are key features of this property?
This property features: Warehouse property for sale in the Village of New Hyde Park; Located near LIRR New Hyde Park Station with a walk to the station; Close to NYC
