Building Details

Year Built 1940

Listing Agency: EXP-Premier Listings Team l***@premierlistingsrealestate.com Show Phone

Listed By: Laura Ferraro Show Phone

Source: Elliman

Added: May 9 Changed: Jul 21 Last Checked: Jul 29 at 2:10PM

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Investment Insights

Based on property information with market context.

This versatile flex commercial space offers a wide-open, warehouse-style layout designed for flexible build-out. The updated interior includes a full bathroom with shower, an additional half bath, and a convenient kitchenette, along with high ceilings that support a bright, functional environment for immediate occupancy.

The property is located at 400 E Terrace Ave in the Village of Lakewood and is described as being in a high-visibility area. The listing notes excellent accessibility and plenty of on-site parking to support both employee and customer convenience.

Key Highlights

• Updated ~2,200 SF commercial space with wide‑open, warehouse‑style layout
• Flexible space for retail, fitness/personal training, dance, boutique offices, creative or photography studios, wellness, or light commercial use
• Includes full bathroom with shower, plus an additional half bath and a kitchenette

Property Analytics

Current Use

Schwerk IT! Health ... Gym & Fitness Center

Suggested Use

Top Pick Electrical Service Garden Center Spa & Massage Center (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

363

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 14750, NY

4,673

Population

2,352

Households

2

Avg Household Size

49

Median Age

35%

College-Educated

95%

High-School Grad

11.3 sq mi

ZIP Area

414

Density / Sq Mi

$67,083

Median Household Income

$44,653

Median Earnings

$1,145

Median Rent

$158,400

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Updated flex space with an open warehouse-style layout, including full bath with shower plus kitchenette.

Where is this flex space located?

The property is located at 400 E Terrace Ave Lakewood, NY.

What is the lease rate?

The lease rate is $1,850 /Mo.

What are key features of this property?

This property features: Updated ~2,200 SF commercial space with wide‑open, warehouse‑style layout; Flexible space for retail, fitness/personal training, dance, boutique offices, creative or photography studios, wellness, or light commercial use; Includes full bathroom with shower, plus an additional half bath and a kitchenette