Amityville Flex Space with
For Sale
Contact for pricing
8400 New Horizons Blvd, Amityville, NY 11757
Flex space with warehouse, office, and excellent corporate image.
Property Size12,000 SF
Price / SF$370.83
Days on Market124
Property Features for 8400 New Horizons Blvd
General Information
Standard status
Active
Size
12,000 SF
Property subtype
FLEX_R_AND_D
Lease Type
NNN
Properties For Sale
at 8400 New Horizons Blvd Contact us- Floor
- Bldg
- Size
- 12,000 SF
- Type
- FLEX_R_AND_D
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
8400 New Horizons Blvd
- Excellent corporate image
- Located in New Horizons Business Center
- Features...
show more
Contact us
Listing Agency:
Colliers | Long Island
(516) 284-3448
Listed By:
Steven Sessa
(516) 376-0741
Source:
Moodyscre
Added: Apr 24
Changed: Aug 22
Last Checked: Aug 24 at 10:06AM
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 Colliers | Long Island
Investment Insights
Based on property information with market context.
This 12,000 square foot flex space is located in the New Horizons Business Center. The property features a reception area, an executive office with a full bathroom, an executive conference room, multiple private offices, and open bullpens. It also includes five bathrooms, a kitchen, and a warehouse. Abundant natural light is provided by generous window lines and multiple skylights throughout the building. The property is fully sprinklered and connected to sewers. A backup generator is also included. The location provides convenient access to Route 109, Southern State Parkway, and Sunrise Highway (Route 27), and is 3 miles from the Nassau County border. The property is suitable for commercial real estate use and offers an excellent corporate image.
Key Highlights
- Excellent corporate image and desirable location in New Horizons Business Center.
- Functional layout featuring a reception area, executive office with full bathroom, executive conference room, multiple private offices, open bullpens, five bathrooms, kitchen, and warehouse.
- Abundant natural light from generous window lines and multiple skylights.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$170,372
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,407,440
$3.4M
Cap Rate 7%
$2,433,886
$2.4M
Cap Rate 9%
$1,893,022
$1.9M
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$259.2K $21.60/SF
− Vacancy
−$15.8K −$1.32/SF
EGI
$243.4K $20.28/SF
− OpEx
−$73.0K −$6.08/SF
NOI
$170.4K $14.20/SF
Area
Suffolk County, NY
Vacancy
6.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,407,440
Cap Rate 7%
$2,433,886
Cap Rate 9%
$1,893,022
Alternative Uses
Best Use
Industrial
$2.43M
$2.13M – $2.84M
NOI $170,372 @ 7.0% cap · market cap 3.83%
Second Best
Flex RnD
$1.99M
$1.74M – $2.32M
NOI $139,017 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$3.66M
$3.20M – $4.27M
NOI $255,903 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11757, NY
45,157
Population
15,212
Households
3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.8 sq mi
ZIP Area
6,641
Density / Sq Mi
$128,081
Median Household Income
$56,059
Median Earnings
$2,091
Median Rent
$479,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space with warehouse, office, and excellent corporate image.
Where is this flex space located?
The property is located at 8400 New Horizons Blvd Amityville, NY.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: Excellent corporate image and desirable location in New Horizons Business Center.; Functional layout featuring a reception area, executive office with full bathroom, executive conference room, multiple private offices, open bullpens, five bathrooms, kitchen, and warehouse.; Abundant natural light from generous window lines and multiple skylights.
