Industrial Flex
50 Nassau Terminal Road New Hyde Park, NY 11040
50 Nassau Terminal Road, New Hyde Park, NY, 11040
Contact for pricing
For Sale
Contact for pricing
Industrial flex building for sale offering 49,620 SF of space.
Property Size49,620 SF
Price / SF$280.13
Days on Market22
Property Features for 50 Nassau Terminal Road
General Information
- Standard status
- Active
- Size
- 49,620 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1950
Listing agency
Buck Realty
Listed by
Tod Buckvar · License #NY
Source
Crexi
Added: Jun 30 Updated: Jul 21 at 3:41AM Checked: Jul 21 at 3:41AM
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 Buck Realty
Investment Insights
Based on property information with market context.
Industrial flex building offered for sale. The property totals 49,620 SF and is identified in public remarks with a 12/28/2021 reference date.
The asset is located at 50 Nassau Terminal Road in New Hyde Park, New York 11040. It is marketed as industrial real estate and flex space.
The listing information provided does not include additional details on layout, dock access, office finish, or site features.
The asset is located at 50 Nassau Terminal Road in New Hyde Park, New York 11040. It is marketed as industrial real estate and flex space.
The listing information provided does not include additional details on layout, dock access, office finish, or site features.
Key Highlights
- Industrial flex building for sale offering 49,620 SF of space
- Built in 1950
- Public remarks date: 12/28/2021
Local Financial Insights For Industrial
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 | $1.09M | $21.96 |
| − Vacancy | −$75.2k | −$1.52 |
| EGI | $1.01M | $20.44 |
| − OpEx | −$304.3k | −$6.13 |
| NOI | $710.1k | $14.31 |
49,620 SF · lease $21.96/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Industrial
$10.14M
$8.88M – $11.84M
NOI $710,128 @ 7.0% cap · market cap 5.11%
Second Best
Flex RnD
$9.42M
$8.24M – $10.99M
NOI $659,405 @ 7.0% cap · market cap 4.74%
Theoretical Best
Specialty Retail
$32.81M
$28.71M – $38.28M
NOI $2,296,538 @ 7.0% cap · market cap 16.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hollywood DJs Event ...
Nightclub
Artisan Silkscreen & Embroidery ...
(Bike/Boat/Book/etc) Store
Rethink Your Ink
(Bike/Boat/Book/etc) Store
Making Your Dreams ...
Party Supply Store
Lil Athletes Sports
Gym & Fitness Center
Similar For Sale Nearby
Similar Off Market Nearby
- Prominent Events — 50 Nassau Terminal Rd, New Hyde Park, NY 11040
- Roscoe's Roadside — 48 bedford ave, new hyde park, ny 11040
FAQs
What type of property is this?
Flex space - Industrial flex building for sale offering 49,620 SF of space.
Where is this flex space located?
The property is located at 50 Nassau Terminal Road New Hyde Park, NY.
What is the asking price?
The asking price for this property is $13,900,000.
What are key features of this property?
This property features: Industrial flex building for sale offering 49,620 SF of space; Built in 1950; Public remarks date: 12/28/2021
