Farmingdale Flex Building For
94 Gazza Blvd, Farmingdale, NY
Call to check price and availability
Single-story flex building in prime Farmingdale location, ideal for investors.
Type:FLEX_R_AND_D
Property size:
6,000 SFLot size:
0.34 AcresPrice / SF:
$262/SF- Added:
- Sep 18, 2025
- Days on Market:
- 241
- Last Refresh:
- Apr 5 at 10:40 pm
Property Features for 94 Gazza Blvd
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.34 Acres
- Property subtype
- FLEX_R_AND_D
Listing agent Stephen R. Preuss License #NY 10401281448 (516) 647-7155
Listing office RIPCO Real Estate - Queens (516) 647-7155
Listing date Sep 18, 2025
Source Moodyscre
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 RIPCO Real Estate - Queens
HighLights
- Fully vacant, single‑story flex building: ready for immediate occupancy or investment.
- Prime Farmingdale location with easy access: strategically located near Route 110, Long Island Expressway, and LIRR.
- Onsite parking: a rare and valuable convenience.
- Zoned for business & industrial use: accommodates a wide range of uses.
- Ideal for owner‑user or investor: versatile asset suitable for various strategies.
- Value‑add potential: opportunity for leasing, repositioning, or capital improvements.
Overview
Located on Gazza Boulevard in Farmingdale, New York, this single-story flex building offers convenient access to Route 110, the Long Island Expressway, and the LIRR. The property is surrounded by a mix of industrial, office, and service-based businesses. The building is zoned for business and industrial use, accommodating a range of industrial, office, or light manufacturing purposes. The property contains 6,000 square feet. Delivered vacant at closing, the building is suited for owner-users or investors. Onsite parking provides convenience for employees, clients, or future tenants. This versatile asset presents a compelling opportunity for users looking to occupy or investors seeking value through leasing, repositioning, or capital improvements.
Financial Insights
Value Estimation Calculated for Industrial
Conservative
$954.1K
NOI $85,868 @ 9.00% cap · cautious / downside scenario
Moderate
$1.23M
NOI $85,868 @ 7.00% cap · market / base-case scenario
Aggressive
$1.72M
NOI $85,868 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Industrial
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $131.8k | $21.96 |
| − Vacancy | −$9.1k | −$1.52 |
| EGI | $122.7k | $20.44 |
| − OpEx | −$36.8k | −$6.13 |
| NOI | $85.9k | $14.31 |
6,000 SF · lease $21.96/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Use Scenarios
Best Use
Industrial
$1.23M
$1.07M – $1.43M
NOI $85,868 @ 7.0% cap · market cap 5.45%
Second Best
Flex RnD
$1.14M
$996.7K – $1.33M
NOI $79,735 @ 7.0% cap · market cap 5.06%
Theoretical Best
Specialty Retail
$3.97M
$3.47M – $4.63M
NOI $277,695 @ 7.0% cap · market cap 17.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Denton Truck Sales ...
Car Dealership
Hub Truck Rental ...
Car Rental Facility
Similar Places Nearby
- Icildas bay catering llc — 204 Airport Plaza Blvd #1008, Farmingdale, NY 11735
Location Insight
- Map
- Local Demand
- City
- Farmingdale
- County
- Nassau
- State
- New York
- Longitude
- -73.4157
- Latitude
- 40.7464
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Single-story flex building in prime Farmingdale location, ideal for investors.
Where is this flex space located?
The property is located at 94 Gazza Blvd Farmingdale, NY.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Fully vacant, single‑story flex building: ready for immediate occupancy or investment.; Prime Farmingdale location with easy access: strategically located near Route 110, Long Island Expressway, and LIRR.; Onsite parking: a rare and valuable convenience.
