265 Post Ave Westbury, NY 11590
- Banks
- 10,000 SF
- 0.32 lot acres
Current Use by Public Records
- OL USA / Freight Forwarding Service / Transportation Service
- Levin & Chetkof LLP / Attorney
- Binder & Cohen / Attorney
- A Sklavos Law Office / Attorney
- Westbury Therapeutic Medical Svs / Psychiatrist
Property Details for 265 Post Ave
- Lot size
- 0.32 lot acres
- Property size
- 10,000 SF
- Property type
- Banks
- APN
- 10-184-00-0924
- APU
- 10184000924
Description
This exceptional three-story office building, located at 265 Post Avenue in Westbury, NY 11590, offers a diverse range of office spaces ideal for various business needs. Built in 1984 and renovated in 2001, the property boasts a total of 53,536 square feet, encompassing medical, executive, and traditional office spaces. The building is currently multi-tenant, with a significant amount of vacant space totaling 12,284 square feet available for immediate occupancy. Flexible lease options cater to businesses seeking spaces ranging from a minimum of 1,545 square feet to a maximum contiguous space of 3,508 square feet. The property is available for both sale and lease. Lease rates are $26.00 per square foot plus $3.50 for electricity for office space and $29.00 per square foot plus $3.50 for electricity for medical office space. This prime location in Westbury offers excellent accessibility and visibility, making it an attractive option for businesses seeking a well-maintained and versatile office environment. The building's single structure provides a cohesive and efficient workspace. This is a unique opportunity to acquire or lease a substantial and adaptable office space in a thriving Long Island community. The property's diverse suite sizes and adaptable layout make it suitable for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,210,000
- 6.5%
- $7,145,000
- 7%
- $7,475,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,615,000
- Geo Method
- $7,450,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,085,000
- Retail
- $7,690,000
- Mixed-Use
- $7,075,000
- Hospitality
- $7,905,000
- Educational
- $6,675,000
- Residential Income
- $7,045,000
- Energy
- $7,055,000
- Income-Based Land
- $8,340,000
- Food Service
- $8,490,000
Location Insight
- Map
- Local Demand
- City
- Westbury
- County
- Nassau
- State
- New York
- Longitude
- -73.5891
- Latitude
- 40.7588
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
