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901 Main St Farmingdale, NY 11735

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For Sale
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High-yield daycare center, strong lease.

Property Features for 901 Main St

General Information

Property type
Day care centers

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Listing Contact
David B. Sargoy
David B. Sargoy

Listing Agency: Brown Harris Stevens Commercial Real Estate, LLC Listing Agent: David B. Sargoy

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 10,800 square foot daycare center located at 901 S. Main St, Farmingdale, NY 11735, in Nassau County's Oyster Bay town. Situated on a prominent corner lot spanning 40,219 square feet (.92 acres), the property boasts a new 15-year lease with "The Learning Experience," a reputable daycare provider. The lease includes two 5-year options, ensuring long-term stability. The annual gross rent commences at $411,654, with attractive 12% rent escalations every five years, significantly increasing future cash flow. The current Net Operating Income (NOI) stands at $345,000, representing a compelling return on investment. The property's parcel ID is 2489-49-287-00-0004-0. This turnkey investment offers a secure and profitable venture in a thriving market, presenting a rare opportunity for discerning investors seeking a strong, long-term, passive income stream. The asking price for this exceptional property is $5,611,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Learning Experience - Farmingdale Daycare Center

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Farmingdale
County
Nassau
State
New York
Longitude
-73.4328228
Latitude
40.7143318

FAQs

What type of property is this?
Day care center - High-yield daycare center, strong lease.
Where is this day care center located?
The property is located at 901 Main St Farmingdale, NY.
What is the asking price?
The asking price for this property is $5,611,000.
What are key features of this property?
This property features: 901 S. Main St., Farmingdale, NY 11735, corner lot.; 10,800 square foot building.; Located in Nassau County, Oyster Bay.
(516) 203-8134 Call to check price and availability
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