Renovated Office-Industrial Flex
26 Bond St Westbury, NY 11590
For Sale
$2,600,000
Fully renovated office with private offices, open bullpen, and splitable second-floor loft over yard space.
Property Size5,402 SF
Price / SF$481.30
Days on Market358
Property Features for 26 Bond St
General Information
- Standard status
- Active
- Size
- 5,402 SF
- Property subtype
- Office
Building Details
- Year Built
- 1955
Listing Agency:
Douglas Elliman Comm of LI LLC
(516) 353-6549
Listed By:
Ben Indiviglia · License #10401224061
(516) 353-6549
Source:
Xome
Added: Aug 1, 2025
Changed: Jul 23
Last Checked: Jul 23 at 2:50AM
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 Douglas Elliman Comm of LI LLC
Investment Insights
Based on property information with market context.
This fully renovated office/industrial flex property is designed to support both office needs and yard use on the same site. The building includes a 5,400-square-foot office component with private offices, an open bullpen area, and a second-floor loft with separate entrances that can be split into two units.
The property also features yard space that can be used to support an owner-operator operation or used to generate additional income. On-site parking is available, along with yard storage and additional street parking.
Located close to the LIE and right off Wantagh Parkway, the property is positioned for employee and client convenience. The site is described as being in an Industrial Zone.
The property also features yard space that can be used to support an owner-operator operation or used to generate additional income. On-site parking is available, along with yard storage and additional street parking.
Located close to the LIE and right off Wantagh Parkway, the property is positioned for employee and client convenience. The site is described as being in an Industrial Zone.
Key Highlights
- Fully renovated office/industrial property in an Industrial Zone.
- 5,400 SF office space with private offices and an open bullpen area.
- Second‑floor loft with separate entrances that can be split into 2 units.
Financial Insights For Office B
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 | $151.0k | $27.96 |
| − Vacancy | −$27.2k | −$5.03 |
| EGI | $123.9k | $22.93 |
| − OpEx | −$31.0k | −$5.73 |
| NOI | $92.9k | $17.20 |
5,402 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $92,890 @ 7.0% cap · market cap 3.57%
Second Best
Industrial
$1.10M
$966.4K – $1.29M
NOI $77,310 @ 7.0% cap · market cap 2.97%
Theoretical Best
Specialty Retail
$3.57M
$3.13M – $4.17M
NOI $250,018 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mithril Cloud
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- Hamptons heirloom Long Island Catering — 25 Ash Ln, Hicksville, NY 11801
- The Waffle Chic Food Truck — 397 Duffy Ave, Hicksville, NY 11801
FAQs
What type of property is this?
Flex space - Fully renovated office with private offices, open bullpen, and splitable second-floor loft over yard space.
Where is this flex space located?
The property is located at 26 Bond St Westbury, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Fully renovated office/industrial property in an Industrial Zone.; 5,400 SF office space with private offices and an open bullpen area.; Second‑floor loft with separate entrances that can be split into 2 units.
