Retail-Flex Asset with Drive-In
1600 Broadhollow Rd Farmingdale, NY 11735
1600 Broadhollow Rd, Farmingdale, NY, 11735
Contact for pricing
For Sale
Contact for pricing
Large masonry retail/flex building features 17'5 clear height, two drive-in doors, sprinklered interior, and 300 parking spaces.
Property Size33,788 SF
Lot Size4.12 Acres
Price / SF$562.33
Days on Market94
Property Features for 1600 Broadhollow Rd
General Information
- Standard status
- Active
- Size
- 33,788 SF
- Lot size
- 4.12 Acres
- Property subtype
- Industrial, Retail
Building Details
- Year Built
- 1971
Listing agency
Marcus & Millichap - Manhattan
(212) 430-5196
Listed by
Michael Tuccillo · License #NY 10401244358
Source
Crexi
Added: Apr 20 Updated: Jul 20 at 7:28PM Checked: Jul 21 at 7:06AM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
Exclusively offered for sale, this retail/flex property at 1600 Broadhollow Road comprises a 33,788-square-foot masonry building on 4.12 acres. The flexible layout includes 17'5" clear height, a fully sprinklered interior, and two drive-in doors for convenient loading and operations. The building is supported by 5,000 amps of power and is positioned on-site with 300 parking spaces (8.8 per 1,000 SF).
The property is zoned GA – Light Industrial, which permits a wide range of commercial, service, and flex-type uses, offering meaningful optionality for future occupants and investors. It sits directly along Broadhollow Road (Route 110), a dominant corridor with traffic reported at over 56,800 vehicles per day. The surrounding area is anchored by national retailers, major automotive dealerships, entertainment destinations, and institutional drivers including Farmingdale State College and Republic Airport.
The property is zoned GA – Light Industrial, which permits a wide range of commercial, service, and flex-type uses, offering meaningful optionality for future occupants and investors. It sits directly along Broadhollow Road (Route 110), a dominant corridor with traffic reported at over 56,800 vehicles per day. The surrounding area is anchored by national retailers, major automotive dealerships, entertainment destinations, and institutional drivers including Farmingdale State College and Republic Airport.
Key Highlights
- 33,788 SF masonry retail/flex building built in 1971 with 17'5" clear height
- Situated on 4.12 acres with 634 ft of frontage directly on Broadhollow Rd (Route 110)
- Two drive‑in doors plus fully sprinklered interior
Local Financial Insights For Retail
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 | $1.01M | $30.00 |
| − Vacancy | −$57.8k | −$1.71 |
| EGI | $955.9k | $28.29 |
| − OpEx | −$286.8k | −$8.49 |
| NOI | $669.1k | $19.80 |
33,788 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$9.56M
$8.36M – $11.15M
NOI $669,104 @ 7.0% cap · market cap 3.52%
Second Best
Industrial
$6.91M
$6.04M – $8.06M
NOI $483,551 @ 7.0% cap · market cap 2.55%
Theoretical Best
Specialty Retail
$22.34M
$19.55M – $26.06M
NOI $1,563,793 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Black Tie Tuxedo ...
Clothing Store
Estelle's Dressy Dresses
Clothing & Fashion Store
Veda Threading & Salon
Hair Salon
Similar For Sale Nearby
Similar Off Market Nearby
- Maines Paper & Food Services Inc — 105 sea ln, farmingdale, ny 11735
- Icildas bay catering llc — 204 Airport Plaza Blvd #1008, Farmingdale, NY 11735
FAQs
What type of property is this?
Flex space - Large masonry retail/flex building features 17'5 clear height, two drive-in doors, sprinklered interior, and 300 parking spaces.
Where is this flex space located?
The property is located at 1600 Broadhollow Rd Farmingdale, NY.
What is the asking price?
The asking price for this property is $18,999,999.
What are key features of this property?
This property features: 33,788 SF masonry retail/flex building built in 1971 with 17'5" clear height; Situated on 4.12 acres with 634 ft of frontage directly on Broadhollow Rd (Route 110); Two drive‑in doors plus fully sprinklered interior
