1129 Northern BlvdManhasset, NY 11030

Property Details for 1129 Northern Blvd

Year built

1987

Construction

STEEL FRAME

Lot size

1.79 AC

Property size (Sq ft)

27,128 SF

Property type

Office buildings

APN

03-236-00-0007

APU

3236000007

Description

This Class A, 16,259 square foot office building in Manhasset, NY (1129 Northern Blvd. Suite 404, zip code 11030, Nassau County) offers a diverse range of flexible workspace solutions. The building, renovated in 2019, features 350 suites and currently has 5,970 square feet of vacant space available. Options include executive offices, coworking spaces, and creative office layouts, catering to businesses of all sizes. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, allowing for customization to meet individual needs. The building is equipped with elevators and provides fully furnished and equipped private offices, ideal for single individuals or large companies. Services extend beyond traditional office space, encompassing tailored solutions such as disaster recovery spaces and day offices. A comprehensive benefits program, including exclusive discounts and procurement support, further enhances the value proposition. This prime location in Manhasset offers a professional, inspiring, and collaborative work environment, perfectly suited for businesses seeking a flexible and fully-serviced workspace. The building's multiple tenancy structure ensures a vibrant and dynamic atmosphere.

• CAP approach

  CAP return

  Valuation

  6%

  $4,485,068

  6.5%

  $4,140,064

  7%

  $3,844,344

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,544,544

  Geo Method

  $3,544,544

• Alternative Use

  Use

  Valuation

  Residential

  $5,133,678

  Hospitality

  $4,702,422

  Educational

  $3,912,360

  Medical

  $4,046,912

  Retail

  $6,085,893

Location Insight

City

Manhasset

County

Nassau

State

New York

Latitude

40.7907

Longitude

-73.7039

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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