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    10 Nassau Terminal Rd North New Hyde Park, NY 11040

    Sponsored
    For Sale
    Contact for pricing

    10,000 SF Industrial Building, Needs TLC

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional owner-user opportunity presents a 10,000-square-foot industrial building situated on a sizable 20,000-square-foot lot in North New Hyde Park, NY. The property, located at 10 Nassau Terminal Rd, 11040, is classified as flex, manufacturing, and warehouse space, offering versatile usage potential. Currently vacant, the building boasts a single story and a 14-foot ceiling height, ideal for various industrial applications. Built in 1930, this property presents a value-add opportunity with potential for significant upgrades. The building includes a small office space, adding to its functionality. While lacking loading docks and dock-high doors, the expansive lot size provides ample outdoor storage or maneuvering space. The property is zoned for industrial use and is available for occupancy starting November 1, 2024. The net rentable area is 1,000 square feet. This is a unique chance to acquire a well-located industrial property in Nassau County with significant upside potential. Serious inquiries only.

    Property Features for 10 Nassau Terminal Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    10,000 SF

    Building Details

    Year Built
    1930
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 10,000 SF industrial warehouse building requiring some tenant improvements.
    • Small office included.
    • 20,000 SF yard.
    • Located in New Hyde Park, Nassau County.
    • Additional buildings available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Smartee Spots - Private ... Tutoring Service Mathews Family HVAC ... Air Conditioning Repair Service Stark Kitchen Designer ... Remodeler

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North New Hyde Park
    County
    Nassau
    State
    New York
    Longitude
    -73.6726233
    Latitude
    40.7356067

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    FAQs

    What type of property is this?
    Distribution property - 10,000 SF Industrial Building, Needs TLC
    Where is this distribution property located?
    The property is located at 10 Nassau Terminal Rd North New Hyde Park, NY.
    What are key features of this property?
    This property features: 10,000 SF industrial warehouse building requiring some tenant improvements.; Small office included.; 20,000 SF yard.
    Request Owner's contact information
    10 Nassau Terminal Rd North New Hyde Park, NY 11040
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    North New Hyde Park, NY 11040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Nassau Terminal Rd North New Hyde Park, NY 11040
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