Warehouse Near LIRR
For Sale
Contact for pricing
127 S 4th St, New Hyde Park, NY 11040
Warehouse property for sale located in the Village of New Hyde Park near LIRR New Hyde Park Station.
Property Size11,000 SF
Price / SF$375
Days on Market191
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
Listed By:
Mark Timpone · License #NY000
(631) 770-0700
Source:
Crexi
Added: Apr 13
Changed: Oct 10
Last Checked: Oct 19 at 5:11AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,159
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,823,180
$3.8M
Cap Rate 7%
$2,730,843
$2.7M
Cap Rate 9%
$2,123,989
$2.1M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$241.6K $21.96/SF
− Vacancy
−$16.7K −$1.52/SF
EGI
$224.9K $20.44/SF
− OpEx
−$33.7K −$3.07/SF
NOI
$191.2K $17.38/SF
Area
Nassau County, NY
Vacancy
6.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,823,180
Cap Rate 7%
$2,730,843
Cap Rate 9%
$2,123,989
Alternative Uses
Best Use
Warehouse
$2.73M
$2.39M – $3.19M
NOI $191,159 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.27M
$6.36M – $8.49M
NOI $509,108 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,245
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11040, NY
43,075
Population
14,608
Households
2.9
Avg Household Size
45
Median Age
56%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
8,974
Density / Sq Mi
$153,511
Median Household Income
$70,649
Median Earnings
$2,388
Median Rent
$795,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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- Embark Imports & Exports — 57 Denton Ave, North New Hyde Park, NY 11040
Frequently Asked Questions
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 $4,125,000.
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
