Property profile

201 Northwest Dr Farmingdale, NY 11735

OFF-MARKET
Office Spaces
942 SF Built 1965
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Property summary

AI-generated overview

This exceptional office space opportunity is located at 201 Northwest Drive, Unit 9, in Farmingdale, NY. The available suites are situated on the second floor of a vibrant strip center, offering convenient access and high visibility. Currently, several office suites are available, ranging in size from 533 square feet to 1632 square feet. These versatile spaces are perfect for a variety of businesses, and some can be combined to create larger footprints to accommodate growing needs. The asking rent is competitive, starting at $888 per month for the smallest suite and reaching $2720 for the largest, translating to approximately $20 per square foot. All utilities, including heat and electricity, are included in the monthly rent, making budgeting simple and predictable. The building is a walk-up, without an elevator. The location offers the benefit of being above established retail stores, providing a convenient and potentially synergistic environment for tenants. These move-in ready offices are available for immediate occupancy, presenting a rare opportunity to secure prime commercial space in a thriving Farmingdale location. The property offers a total of 942 square feet in this particular unit. Interested parties are encouraged to inquire promptly to secure their preferred space.

Property profile

Verified
Property type Office Spaces
Year built 1965
Total area 942 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Bank Credit Union
  • Title Company
  • Gas Company
  • Real Estate Agency

Location

201 Northwest Dr Farmingdale, NY 11735
Farmingdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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