26-32 Bond St, Westbury, NY 11590
This exceptional Westbury, NY property, located at 26-32 Bond Street, presents a unique opportunity for an owner-user or investor. The fully renovated, 5,402 square foot Class A office building, constructed in 1957 and extensively renovated in 2022, boasts a desirable location with easy access to the Long Island Expressway (LIE) and Wantagh Parkway. The building features two units across two stories, offering flexible layouts with private offices, an open bullpen area, and a second-floor loft space with separate entrances. This allows for diverse configurations to suit various business needs. The property sits on a 0.38-acre lot and includes 25 parking spaces, ample on-site yard storage, and additional street parking. Currently 100% occupied, the building offers a strong return on investment with an asking price of $3,500,000 ($647.91/sq ft). The Industrial B zoning allows for a variety of uses. Annual property taxes are $42,712.89. This turnkey operation is perfect for a business seeking a combination of office space and yard space, eliminating the cost and time of a new buildout. The property's versatility makes it equally attractive to investors seeking to maximize lease revenue by potentially subdividing the lot or pursuing further development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.