10 Nassau Terminal Rd, New Hyde Park, NY 11040-4928
This exceptional owner-user opportunity presents a 10,000-square-foot industrial building situated on a sizable 20,000-square-foot lot in North New Hyde Park, NY. The property, located at 10 Nassau Terminal Rd, 11040, is classified as flex, manufacturing, and warehouse space, offering versatile usage potential. Currently vacant, the building boasts a single story and a 14-foot ceiling height, ideal for various industrial applications. Built in 1930, this property presents a value-add opportunity with potential for significant upgrades. The building includes a small office space, adding to its functionality. While lacking loading docks and dock-high doors, the expansive lot size provides ample outdoor storage or maneuvering space. The property is zoned for industrial use and is available for occupancy starting November 1, 2024. The net rentable area is 1,000 square feet. This is a unique chance to acquire a well-located industrial property in Nassau County with significant upside potential. Serious inquiries only.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.