1350 Un Tpke New Hyde Park, NY 11040-1700
This exceptional freestanding property at 1350 Union Turnpike in New Hyde Park, NY, offers a unique opportunity for businesses seeking flexible office or medical space. Located in Nassau County, this 51,004 square foot building sits on a generous 3.74-acre lot and boasts high ceilings ranging from 14 to 18 feet. The property is currently fully vacant, providing immediate occupancy for a single tenant or the ability to divide the space into multiple units. Minimum divisible space starts at 1,403 square feet, with a maximum contiguous space of 49,601 square feet, catering to a wide range of business needs. The building's prime location within the thriving New Hyde Park/Lake Success trade area offers unparalleled access to a robust business community, including over 6 million square feet of office and medical space within a two-mile radius. Its proximity to a major shopping center, with a Target store soon to open, ensures high visibility and convenient amenities for employees and clients. This versatile property is ideal for a variety of uses, making it an exceptional investment opportunity in a highly sought-after location. The property is zoned for retail, office, and medical uses. The address is 1350 Union Turnpike, New Hyde Park, NY 11040.
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
No recorded transactions found for this property.
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.