Farmingdale Office Building For
For Sale
Contact for pricing
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 Market494
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.
(631) 223-4454
Listed By:
Michael G Macchia · License #31MA1052982
(516) 818-7650
Source:
Moodyscre
Added: Jun 19, 2025
Changed: Oct 8
Last Checked: Oct 24 at 9:24PM
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.
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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 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
Estimated NOI and Cap Rate
NOI / Yr
$171,954
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,439,080
$3.4M
Cap Rate 7%
$2,456,486
$2.5M
Cap Rate 9%
$1,910,600
$1.9M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$279.6K $27.96/SF
− Vacancy
−$50.3K −$5.03/SF
EGI
$229.3K $22.93/SF
− OpEx
−$57.3K −$5.73/SF
NOI
$172.0K $17.20/SF
Area
Nassau County, NY
Vacancy
18.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,439,080
Cap Rate 7%
$2,456,486
Cap Rate 9%
$1,910,600
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.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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
