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Property profile & analytics
FOR LEASE
Office buildings

1165 Northern Blvd Manhasset, NY 11030

9,117 SF 0.86 ac lot Built 1984
Entity Owned 5-yr Hold Free & Clear
Property ID
US63-0281019
Property summary
AI-generated overview

This exceptional 2,635 square foot executive office space is available for lease at 1165 Northern Boulevard in Manhasset, New York, zip code 11030. The property is a single-tenant space, ideal for a business seeking a prominent location in a thriving area. The building offers convenient valet parking service, eliminating the hassle of finding parking for clients and employees. The property type is classified as both retail and office, offering flexibility in its potential use. The entire 2,635 square feet is currently vacant and ready for immediate occupancy. Located at 40.7914129 latitude and -73.7030077 longitude, this property benefits from excellent visibility and accessibility. The address is 1165 Northern Blvd, Manhasset, NY. This presents a unique opportunity for a business to establish a high-profile presence in a desirable location. The space is perfect for a company seeking a modern, efficient, and conveniently located office environment. The single-tenant occupancy ensures privacy and control over the space. The combination of retail and office zoning allows for diverse business applications. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers. The convenient valet parking adds to the overall appeal and convenience of this prime Manhasset location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,117 SF
Lot 0.86 ac (37,679 SF)
APN 03-236-00-0005
UPID US63-0281019
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coplan Jeremy MD Physician
  • Sparacio Physical Therapy PC Medical Clinic
  • Rehab Core Physical Therapy (Schroth Therapy for Scoliosis and Spine Rehab) Medical Clinic
  • Northwell Health Medical Clinic
  • Lisa C. Predmore, AUD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.13M
CAP Approach CAP
$2.58M
Comparable Approach Comparable
$3.01M
Blend (final) Blend
$3.36M
Owner & transaction history
Pekykar Holding LLC · 5 yrs held
Pekykar Holding LLC
since 2021
Last sale
$3.3M
6 recorded transactions
2021
$3.3M
2017
Price N/A
2017
$2.7M
2016
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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