Industrial Warehouse For
For Sale
Contact for pricing
127 S 4th St, New Hyde Park, NY 11040
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 Market175
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
(631) 770-0700
Listed By:
Mark Timpone · License #10491200183
(516) 375-8069
Source:
Moodyscre
Added: May 14
Changed: Oct 25
Last Checked: Nov 3 at 9:01AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$191,854
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,837,080
$3.8M
Cap Rate 7%
$2,740,771
$2.7M
Cap Rate 9%
$2,131,711
$2.1M
Market Conditions
NOI Build-Up for 11,040 SF
Gross rent
$242.4K $21.96/SF
− Vacancy
−$16.7K −$1.52/SF
EGI
$225.7K $20.44/SF
− OpEx
−$33.9K −$3.07/SF
NOI
$191.9K $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%
$3,837,080
Cap Rate 7%
$2,740,771
Cap Rate 9%
$2,131,711
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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
Similar Off Market Nearby
- Extra Space Storage — 1990 Jericho Turnpike, New Hyde Park, NY 11040
- Moving Ahead Moving and Storage — 101 5th Ave, Garden City Park, NY 11040
- Extra Space Storage — 2101 Jericho Turnpike, New Hyde Park, NY 11040
- Extra Space Storage — 1 Herricks Rd, Garden City Park, NY 11040
- Embark Imports & Exports — 57 Denton Ave, North 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
