Property profile

1198 Prospect Ave Westbury, NY 11590

OFF-MARKET
Warehouses
32,760 SF
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Property summary

AI-generated overview

This exceptional 32,760 square foot warehouse, situated on a generous 5.51-acre lot in Nassau County, presents a significant leasing opportunity. The property boasts a single-tenant occupancy, offering complete control and flexibility. The building features a substantial 24-foot ceiling height, ideal for various industrial uses, and includes nine dock-high loading doors with the potential to expand to sixteen. The expansive lot provides ample excess parking for employees, clients, and inventory management. The building's dimensions measure 282 feet by 182 feet, offering a highly functional layout. The property is zoned I-B (Industrial B), allowing for a wide range of industrial operations. A key advantage is the drive-through capability, enhancing operational efficiency. The current sublease term extends through August 31st, 2031, providing long-term stability for the tenant. This warehouse is a rare find, combining size, functionality, and location to create an unparalleled opportunity for businesses seeking a substantial industrial space in Nassau County. The entire 32,760 square feet is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Total area 32,760 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
  • Building Supply Industrial Manufacturer

Location

1198 Prospect Ave Westbury, NY 11590
Westbury metro
Google Maps

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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