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    575 Underhill Blvd Syosset, NY 11791

    Sponsored
    For Lease
    $26 SF/Yr

    Prime Nassau County location, flexible suites available

    Lot size:
    235,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 235,000-square-foot, two-story building in Nassau County offers a unique blend of office and industrial space, perfect for a variety of businesses. Situated on a 16.6-acre lot at the corner of Jericho Turnpike and Underhill Boulevard, this multi-tenant property boasts convenient access to major transportation routes, including the Long Island Railroad (Syosset Station), Routes 135, 106, and 107. The building features ample parking, ensuring convenient access for employees and clients. Individual suites range from 3,900 to 10,000 contiguous square feet, with a total of 13,900 square feet currently vacant. Building amenities include 24/7 tenant access, a convenient on-site café, and full handicap accessibility. This prime location in central Syosset places your business within a thriving business community, benefiting from a highly skilled workforce and proximity to hotels and shopping centers. The strategic location near North Shore LIJ Hospital further enhances its appeal. This property presents a rare opportunity to establish your business in a highly desirable and well-connected area of Long Island. Contact us today to learn more about available spaces and lease options.

    Property Features for 575 Underhill Blvd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    235,000 SF
    Total Rate
    509166.67

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Suite 216
    Size
    3,900 SF
    Rate per SF
    $26
    Space
    Suite 225
    Size
    10,000 SF
    Rate per SF
    $26

    HighLights

    • Office/Industrial property totaling 235,000 square feet.
    • Multi‑tenant building with suites ranging from 3,900 to 10,000 contiguous square feet.
    • 13,900 square feet currently vacant.
    • Situated on a 16.6‑acre lot in Nassau County.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hypha HubSpot Development Website Designer Doreen Jewelry Co Jeweler GH Cabinetry Inc. Wholesaler Shein & Associates: Jeffrey ... Attorney Law Office of Dean ... Real Estate Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Syosset
    County
    Nassau
    State
    New York
    Longitude
    -73.5132148
    Latitude
    40.8115201

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    FAQs

    What type of property is this?
    Life science property - Prime Nassau County location, flexible suites available
    Where is this life science 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: Office/Industrial property totaling 235,000 square feet.; Multi-tenant building with suites ranging from 3,900 to 10,000 contiguous square feet.; 13,900 square feet currently vacant.
    Request Owner's contact information
    575 Underhill Blvd Syosset, NY 11791
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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
    575 Underhill Blvd Syosset, NY 11791
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