Industrial Building with 11-Foot
6 Yennicock Avenue, Port Washington, NY 11050
For Sale
New
$975,000
E1 zoning permits light industrial use, with residential construction subject to proper permits.
Property Size2,800 SF
Lot Size0.14 Acres
Price / SF$348.21
Days on Market7
Property Features for 6 Yennicock Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Clear Height
Taxes and HOA fees
Annual Taxes
Amenities
Hot Water Heating
Oil Heating
Listing Agency:
KELLER WILLIAMS RTY GOLD COAST
(516) 482-0200
Listed By:
PERRY M. ROOTSTEIN · License NY #10301208536
(516) 220-5640
Source:
Corcoran
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 5:31AM
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 KELLER WILLIAMS RTY GOLD COAST
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Investment Insights
Based on property information with market context.
This industrial property offers 2,800 square feet of interior space and 11-foot ceilings. A new roof was installed in July, and parking is available on both sides of the building.
The site measures 60 by 100 feet and is zoned E1. The zoning supports light industrial use; a one- or two-family home may also be built with the required permits.
The site measures 60 by 100 feet and is zoned E1. The zoning supports light industrial use; a one- or two-family home may also be built with the required permits.
Key Highlights
- 2,800 square feet of interior space with 11‑foot ceilings
- E1 zoning allows light industrial use; one- or two‑family home construction requires proper permits
- 60 x 100 property with parking on each side of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,072
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$801,440
$801.4K
Cap Rate 7%
$572,457
$572.5K
Cap Rate 9%
$445,244
$445.2K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$61.5K $21.96/SF
− Vacancy
−$4.2K −$1.52/SF
EGI
$57.2K $20.44/SF
− OpEx
−$17.2K −$6.13/SF
NOI
$40.1K $14.31/SF
Area
Nassau County, NY
Vacancy
6.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$801,440
Cap Rate 7%
$572,457
Cap Rate 9%
$445,244
Alternative Uses
Best Use
Industrial
$572.5K
$500.9K – $667.9K
NOI $40,072 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.85M
$1.62M – $2.16M
NOI $129,591 @ 7.0% cap · market cap 13.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
11 ft
Clear height
Location Intelligence
Trade Area within ½ mile
939
Businesses Nearby
Explore this area
Business Placement
Demographics for 11050, NY
31,512
Population
12,329
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
10.1 sq mi
ZIP Area
3,120
Density / Sq Mi
$153,819
Median Household Income
$78,132
Median Earnings
$2,454
Median Rent
$990,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Industrial properties in Nassau County, NY
Properties on Market for Industrial properties in Nassau County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - E1 zoning permits light industrial use, with residential construction subject to proper permits.
Where is this industrial property located?
The property is located at 6 Yennicock Avenue Port Washington, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 2,800 square feet of interior space with 11‑foot ceilings; E1 zoning allows light industrial use; one- or two‑family home construction requires proper permits; 60 x 100 property with parking on each side of the building
