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Farmingdale Office Building 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.
Listed By: Michael G Macchia
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 (±1% cap)
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 (±1% cap)
NOI $462,825 @ 7.0% cap · market cap 16.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Island Property & Associates Real Estate Agency JPL Investigation & Recovery Law Firm LC Roofing Inc Roofing Company Lifetime Commercial Roofing ... Roofing Company Diana De Rosa ... Wedding Service

Suggested Use

Top Pick Dental Office Hair Salon (Bike/Boat/Book/etc) Store Nail Salon Spa & Massage Center Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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
(516) 818-7650 Call to check price and availability
More about this property
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