Industrial Warehouse For
127 S 4th St New Hyde Park, NY 11040
For Sale
Contact for pricing
Warehouse near LIRR New Hyde Park Station within the Jericho Tpke Industrial Corridor in the Village of New Hyde Park.
Property Size11,040 SF
Price / SF$373.64
Days on Market78
Property Features for 127 S 4th St
General Information
Standard status
Active
Size
11,040 SF
Property subtype
INDUSTRIAL
Listing Agency:
Metro Realty Services LLC
(516) 375-8069
Listed By:
Mark Timpone · License #10491200183
Source:
Moodyscre
Added: May 14
Changed: Jul 25
Last Checked: Jul 29 at 4:11PM
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 property is an industrial warehouse offered for sale in the Village of New Hyde Park. It is positioned in the “Jericho Tpke Industrial Corridor,” aligning with an established industrial setting.
The asset is also described as being within walking distance to the LIRR New Hyde Park Station, which may support convenient commuter access for personnel and day-to-day operations.
The listing information does not specify additional building improvements, unit layout, or loading features, so buyers should plan to confirm those details during due diligence.
The asset is also described as being within walking distance to the LIRR New Hyde Park Station, which may support convenient commuter access for personnel and day-to-day operations.
The listing information does not specify additional building improvements, unit layout, or loading features, so buyers should plan to confirm those details during due diligence.
Key Highlights
- Warehouse within the Jericho Tpke Industrial Corridor
- Walk to LIRR New Hyde Park Station
- Located in the Village of New Hyde Park
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 | $242.4k | $21.96 |
| − Vacancy | −$16.7k | −$1.52 |
| EGI | $225.7k | $20.44 |
| − OpEx | −$33.9k | −$3.07 |
| NOI | $191.9k | $17.38 |
11,040 SF · lease $21.96/SF/yr · vacancy 6.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.74M
$2.40M – $3.20M
NOI $191,854 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.30M
$6.39M – $8.52M
NOI $510,959 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse near LIRR New Hyde Park Station within the Jericho Tpke Industrial Corridor in the Village of New Hyde Park.
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 within the Jericho Tpke Industrial Corridor; Walk to LIRR New Hyde Park Station; Located in the Village of New Hyde Park
