Financial
Distress signals
Property profile

40 Railroad Ave Glen Head, NY 11545

FOR LEASE
Office buildings
Property ID
US63-0272496
525 SF 0.21 ac lot Built 1968
Last sale Mar 2025 · $1,640,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property includes approximately 720 square feet of office space within a renovated professional building constructed in 1968. The unit has a flexible interior layout that was previously used as a dental office and can be adapted for medical, wellness, or other professional uses. Large windows provide natural light, and the interior can be finished to match the building’s modern suite design. The building is located near public parking, with retail, dining, and transportation options nearby at or around 40 Railroad Avenue in Glen Head, New York.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$74k
Tax billed · 2023
Assessed value$14k
Assessed land$2k
Assessed improvement$12k
Effective rate511.59%

Value estimate

· Sep 2026
$1.52M
$1.36M – $1.67M
AI approach$1.44M
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$4k
Operating expenses−$4k
NOI · 543.79% cap applied$12k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$706/SF
County average, outlier-cleaned · 295 recorded sales of this use type
Observed band · Q1–Q3$368 – $1,136

Cap rate analysis

How does the asset earn?
543.79%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.8
Dental Office10.4
Law Firm10.4

Location

40 Railroad Ave Glen Head, NY 11545
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
670 Gln Cv, Glen Head, NY 11545-1601 $2,300,000 Jun 2023 3,291 SF
674 Gln Cv, Glen Head, NY 11545-1601 $1,050,000 Dec 2022 1,500 SF
648 Gln Cv, Glen Head, NY 11545-1400 $790,000 Dec 2022 2,400 SF
30 Gln Head, Glen Head, NY 11545-1433 $1,620,000 Nov 2022 498 SF
10 Gln Head, Glen Head, NY 11545-1411 $1,620,000 Nov 2022 1,400 SF
1 Underhill, Glen Head, NY 11545-1755 $1,620,000 Dec 2020 5,436 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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