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Syosset Multi-Tenant Office Building
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575 Underhill Blvd, Syosset, NY 11791

235,000 SF multi-tenant office building with industrial component.

Space Size3,900 SF
Property Size235,000 SF
Lot Size16.60 Acres
Days on Market794

Property Features for 575 Underhill Blvd

General Information

Standard status Active
Size 3,900 SF
Lot size 16.60 Acres
Property subtype Office

Building Details

Building Size 235,000 SF
Tenancy Multiple

Spaces For Lease

at 575 Underhill Blvd Contact us

Suite 216

Size
3,900 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Milvado Property Group
Listed By: Daniel Ginsberg · License #NY
Source: Crexi
Added: Jun 20, 2024 Changed: Aug 21 Last Checked: Aug 21 at 3:55PM

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 Milvado Property Group

Investment Insights

Based on property information with market context.

The property at 575 Underhill Road is a 235,000-square-foot, two-story, multi-tenant office building with an industrial component, situated on a 16.6-acre property in Nassau County. The building provides 24/7 tenant access, a café, and ample parking. It is also handicapped accessible. Located in central Syosset, the property is positioned in a thriving business community with a well-educated workforce and is adjacent to lodging and shopping. The property is located on the corner of Jericho Turnpike and Underhill Boulevard, between Route 135 and Routes 106 and 107. The location provides access to transportation routes and proximity to the Long Island Railroad (Syosset Station) and North Shore LIJ Hospital. The lease rate is $26 per square foot.

Key Highlights

  • Prime location at the corner of Jericho Turnpike and Underhill Boulevard, offering high visibility and accessibility.
  • Ample parking and 24/7 tenant access.
  • Sizeable 235,000‑square‑foot, two‑story building with an industrial component on 16.6 acres.

Property Analytics

Current Use

Hypha HubSpot Development Marketing & Advertising Doreen Jewelry Co (Bike/Boat/Book/etc) Store GH Cabinetry Inc. Big Box & Wholesale Store Shein & Associates: Jeffrey ... Law Firm Law Office of Dean ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Home Appliance Store Furniture & Home Goods Catering Service

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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

976
Businesses Nearby

Demographics for 11791, NY

25,879
Population
8,316
Households
3.1
Avg Household Size
43
Median Age
71%
College-Educated
96%
High-School Grad
12.5 sq mi
ZIP Area
2,070
Density / Sq Mi
$204,357
Median Household Income
$94,737
Median Earnings
$3,091
Median Rent
$918,900
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 235,000 SF multi-tenant office building with industrial component.
Where is this mixed-use property located?
The property is located at 575 Underhill Blvd Syosset, NY.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Prime location at the corner of Jericho Turnpike and Underhill Boulevard, offering high visibility and accessibility.; Ample parking and 24/7 tenant access.; Sizeable 235,000‑square‑foot, two‑story building with an industrial component on 16.6 acres.
(516) 364-5000 Call to check price and availability
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