Fenced-Yard Retail
For Sale
Contact for pricing
305 N Newbridge Rd, Levittown, NY 11756
Business-zoned retail property with a gated rear yard, gas heat, and 200-amp electric service.
Property Size1,435 SF
Lot Size0.18 Acres
Price / SF$688.50
Days on Market95
Property Features for 305 N Newbridge Rd
General Information
Standard status
Active
Size
1,435 SF
Lot size
0.18 Acres
Property subtype
Office
Zoning
business
Site & Location
Traffic Count
25,000 vehicles/day
Utilities to Site
Yes
Amenities
Large rear yard fenced and gated
Gas heat
Electric 200 amps
Listing Agency:
United Realty
Listed By:
Steven Epstein · License #NY 40EP0881630
(516) 320-7704
Source:
Crexi
Added: Jul 30
Changed: Oct 25
Last Checked: Nov 1 at 3:07AM
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 United Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property includes a 1,435-square-foot building on an approximately 8,052-square-foot lot. The site features a large rear yard that is fenced and gated, along with gas heat and 200-amp electric service. The property is zoned business.
Located centrally between Hempstead Turnpike and Old County Road, the property has a reported traffic count of approximately 25,000 cars daily. Its building-and-lot configuration provides retail space with additional secured outdoor area.
Located centrally between Hempstead Turnpike and Old County Road, the property has a reported traffic count of approximately 25,000 cars daily. Its building-and-lot configuration provides retail space with additional secured outdoor area.
Key Highlights
- 1,435 SF building on an approximately 8,052 SF lot
- Large rear yard with fencing and gated access
- Business zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,417
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,340
$568.3K
Cap Rate 7%
$405,957
$406.0K
Cap Rate 9%
$315,744
$315.7K
Market Conditions
NOI Build-Up for 1,435 SF
Gross rent
$43.1K $30.00/SF
− Vacancy
−$2.5K −$1.71/SF
EGI
$40.6K $28.29/SF
− OpEx
−$12.2K −$8.49/SF
NOI
$28.4K $19.80/SF
Area
Nassau County, NY
Vacancy
5.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,340
Cap Rate 7%
$405,957
Cap Rate 9%
$315,744
Alternative Uses
Best Use
Retail
$406.0K
$355.2K – $473.6K
NOI $28,417 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$948.8K
$830.2K – $1.11M
NOI $66,415 @ 7.0% cap · market cap 6.72%
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
Lease Details
25,000 VPD
Traffic count
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
821
Businesses Nearby
289k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 45%
Shops & Services 34%
Dining 19%
Beauty & Spa 1%
Walmart
Superstores
129,942 visits/mo
0.3 miles
Texas Roadhouse
Dining
33,632 visits/mo
0.5 miles
Dollar Tree
Shops & Services
21,653 visits/mo
0.4 miles
Shell
Shops & Services
20,839 visits/mo
0.5 miles
Chase Bank
Shops & Services
16,562 visits/mo
0.5 miles
Demographics for 11756, NY
42,501
Population
14,169
Households
3
Avg Household Size
42
Median Age
37%
College-Educated
94%
High-School Grad
5.5 sq mi
ZIP Area
7,727
Density / Sq Mi
$139,901
Median Household Income
$59,471
Median Earnings
$2,361
Median Rent
$557,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Business-zoned retail property with a gated rear yard, gas heat, and 200-amp electric service.
Where is this retail space located?
The property is located at 305 N Newbridge Rd Levittown, NY.
What is the asking price?
The asking price for this property is $988,000.
What are key features of this property?
This property features: 1,435 SF building on an approximately 8,052 SF lot; Large rear yard with fencing and gated access; Business zoning
