249 Old Country Rd, Carle Place, NY 11514
High-visibility retail space with significant traffic and parking.
- Added:
- Jun 12, 2024
- Days on Market:
- 755
- Last Refresh:
- Jul 4 at 11:55 pm
Property Features for 249 Old Country Rd
General Information
- Standard status
- Active
- Size
- 2,786 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1954
Listing office Douglas Elliman Commercial Division (631) 858-2408
Listing date Jun 12, 2024
Source Crexi
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 Douglas Elliman Commercial Division
HighLights
- High traffic location with 36,000 vehicles passing per day.
- Located at the signaled intersection for Meadowbrook Parkway Exit to Old Country Road.
- Proximity to Roosevelt Field Mall.
- 2,786 square feet of available space.
- Suitable for showroom, billboard, or high‑end retail business.
- Parking available behind the building.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.6k | $30.00 |
| − Vacancy | −$4.8k | −$1.71 |
| EGI | $78.8k | $28.29 |
| − OpEx | −$23.6k | −$8.49 |
| NOI | $55.2k | $19.80 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Knisley Carpet & Flooring LLC — 3 russell rd, garden city, ny 11530
- Lowe's Home Improvement — 700 Dibblee Dr, Garden City, NY 11530
- A&M Discount Furniture and Mattress — 193 Glen Cove Rd, Carle Place, NY 11514
- Leon Banilivi Rugs,Inc — 1500 Old Country Rd, Westbury, NY 11590
- Garden City Epoxy Flooring — 630 Old Country Rd, Garden City, NY 11530
Location Insight
- Map
- Local Demand
- City
- Carle Place
- County
- Nassau
- State
- New York
- Longitude
- -73.6104932
- Latitude
- 40.7441048
