Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1620 New Hwy Farmingdale, NY 11735

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    100,000 sq ft warehouse divisible into 5,000 sq ft units.

    Property size:
    100,000 SF
    Lot size:
    4.10 Acres

    Property Features for 1620 New Hwy

    General Information

    Size
    100,000 SF
    Lot size
    4.10 Acres

    We can help!

    Listing Contact
    Christopher Nicholson
    Christopher Nicholson
    Source: Moodyscre

    Listing Agency: Genesis Real Estate Advisors, Inc. Listing Agent: Christopher Nicholson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Farmingdale Warehouse with Flexible Units

    This 100,000 square foot warehouse in Farmingdale, NY, offers flexible leasing options with divisibility into 5,000 square foot units. The building features ceiling heights of 24 to 28 feet under steel. Loading and access are facilitated by eight 8’x8’ loading dock doors and twenty 14’x14’ drive-in doors. Office space allocation is planned at 5% of the total area. The building is equipped with fire sprinklers throughout. Electrical capacity includes a 4,000 amp service to the entire building, or 200 amps per 5,000 square foot space. A 2-inch water supply is available, and the building is heated by ceiling-mounted gas heaters. The property also features a sewer system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    All Aspects Home Inspector Educational Bus Transportation Logistics Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Caspian Storage Units

    Location Insight

    • Map
    • Local Demand
    City
    Farmingdale
    County
    Nassau
    State
    New York
    Longitude
    -73.406122
    Latitude
    40.717977

    Nearby Similar for Lease

    • $2,000 /Mo
      15,098 SF

      Farmingdale Office Space For Rent

      Professional office space with natural light and kitchenette in Farmingdale.
      984 Fulton St, Farmingdale, NY 11735
      View Details
    • $9,916 /Mo
      54,450 SF

      Farmingdale Retail and Warehouse Sublease

      7000 SF retail and warehouse space available for sublease.
      50 Schmitt Blvd, Farmingdale, NY 11735
      View Details
    • $5,000 /Mo

      Downtown Farmingdale Storefront with Basement

      Spacious storefront in Farmingdale Village, suitable for various businesses.
      155A Main St, Farmingdale, NY 11735
      View Details
    • $1,715 /Mo
      615 SF

      Farmingdale Office Space For Rent

      Newly renovated office space in Farmingdale Village with parking.
      399 Conklin St, Farmingdale, NY 11735
      View Details
    • $2,720 /Mo

      Retail Space in Busy Center

      Second-story retail spaces available in a busy shopping center.
      201 Northwest Dr, Farmingdale, NY 11735
      View Details
    • $1,542 /Mo
      925 SF

      Farmingdale Office Space For Rent

      Second-story office spaces available in a busy shopping center.
      201 Northwest Dr, Farmingdale, NY 11735
      View Details
    • $2,053 /Mo
      1,232 SF

      Farmingdale Office Space For Rent

      Second-story office spaces available in a busy shopping center.
      201 Northwest Dr, Farmingdale, NY 11735
      View Details
    • $2,720 /Mo
      1,632 SF

      Farmingdale Office Space For Rent

      Second-story office spaces available in a busy shopping center.
      201 Northwest Dr, Farmingdale, NY 11735
      View Details
    • $2,500 /Mo
      1,111 SF

      Retail Space in Busy Center

      Retail space available in a 16-unit strip center.
      184b Merritts Rd, Farmingdale, NY 11735
      View Details
    • Contact for pricing
      6,332 SF

      Farmingdale Flex Space Available

      6,332 SF flex space available for assignment.
      855 Conklin St, Farmingdale, NY 11735
      View Details
    • Contact for pricing
      122,000 SF

      Farmingdale Warehouse and Distribution Space

      122,000 SF warehouse/distribution space with 4,100 SF office.
      875-999 Conklin St, Farmingdale, NY 11735
      View Details
    • Contact for pricing
      51,000 SF

      Farmingdale Warehouse Space Available

      51,000 square foot warehouse space for lease.
      92 Central Ave, Farmingdale, NY 11735
      View Details

    FAQs

    What type of property is this?
    Warehouse - 100,000 sq ft warehouse divisible into 5,000 sq ft units.
    Where is this warehouse located?
    The property is located at 1620 New Hwy Farmingdale, NY.
    What are key features of this property?
    This property features: - 100,000 sq ft building divisible by 5,000 sq ft units, offering flexible space options; - High power capacity: 4,000 amp service to the entire building; - Twenty (20) - 14’x14’ drive-in doors, providing easy access
    (631) 436-3747 Call to check price and availability
    Request Owner's contact information
    1620 New Hwy Farmingdale, NY 11735
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1620 New Hwy
    Farmingdale, NY 11735
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1620 New Hwy Farmingdale, NY 11735
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Christopher Nicholson
    Christopher Nicholson
    (631) 436-3747
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!