Farmingdale Office Building For
For Sale
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45 Sarah Dr, Farmingdale, NY
10,000 square foot office building in Farmingdale, New York.
Property Size10,000 SF
Lot Size0.57 Acres
Price / SF$275
Days on Market407
Property Features for 45 Sarah Dr
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.57 Acres
Property subtype
OFFICE
Listing Agency:
MGM Islandwide Realty, Inc.
(516) 818-7650
Listed By:
Michael G Macchia
(516) 818-7650
Source:
Moodyscre
Added: Jun 19, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:16AM
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 MGM Islandwide Realty, Inc.
Investment Insights
Based on property information with market context.
This is a 10,000 square foot office building located in Farmingdale, New York.
Key Highlights
- 10,000 square foot office building
- Located in Farmingdale, New York
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 | $279.6k | $27.96 |
| − Vacancy | −$50.3k | −$5.03 |
| EGI | $229.3k | $22.93 |
| − OpEx | −$57.3k | −$5.73 |
| NOI | $172.0k | $17.20 |
10,000 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.46M
$2.15M – $2.87M
NOI $171,954 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.61M
$5.79M – $7.71M
NOI $462,825 @ 7.0% cap · market cap 16.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 10,000 square foot office building in Farmingdale, New York.
Where is this office building located?
The property is located at 45 Sarah Dr Farmingdale, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 10,000 square foot office building; Located in Farmingdale, New York