Freestanding Industrial
91 Toledo Street, Farmingdale, NY 11735
For Sale
Contact for pricing
The building offers 4,022 square feet of industrial space.
Property Size4,022 SF
Price / SF$346.84
Days on Market47
Property Features for 91 Toledo Street
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Industry One Realty Corporation
Listed By:
Mario Asaro · License #NY
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 4:59PM
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 Industry One Realty Corporation
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Investment Insights
Based on property information with market context.
This freestanding industrial building contains 4,022 square feet. It is offered for sale at 91 Toledo Street in Farmingdale, New York 11735.
Key Highlights
- 4,022‑square‑foot freestanding industrial building
- Located at 91 Toledo Street in Farmingdale, NY 11735
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,560
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,200
$1.2M
Cap Rate 7%
$822,286
$822.3K
Cap Rate 9%
$639,556
$639.6K
Market Conditions
NOI Build-Up for 4,022 SF
Gross rent
$88.3K $21.96/SF
− Vacancy
−$6.1K −$1.52/SF
EGI
$82.2K $20.44/SF
− OpEx
−$24.7K −$6.13/SF
NOI
$57.6K $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%
$1,151,200
Cap Rate 7%
$822,286
Cap Rate 9%
$639,556
Alternative Uses
Best Use
Industrial
$822.3K
$719.5K – $959.3K
NOI $57,560 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.66M
$2.33M – $3.10M
NOI $186,148 @ 7.0% cap · market cap 13.34%
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
1,278
Businesses Nearby
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Business Placement
Demographics for 11735, NY
32,989
Population
11,435
Households
2.9
Avg Household Size
42
Median Age
45%
College-Educated
92%
High-School Grad
10.7 sq mi
ZIP Area
3,083
Density / Sq Mi
$146,190
Median Household Income
$64,273
Median Earnings
$2,285
Median Rent
$572,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - The building offers 4,022 square feet of industrial space.
Where is this industrial property located?
The property is located at 91 Toledo Street Farmingdale, NY.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 4,022‑square‑foot freestanding industrial building; Located at 91 Toledo Street in Farmingdale, NY 11735
