15 Verbena Ave, Floral Park, NY 11001-2793
- Office buildings
- 4,460 SF
- 1.03 lot acres
Current Use by Public Records
- Marc's Unique Antiques / Real Estate Agency
- Chase Mortgage / Loan Service / Bank
- MADDD EQUITIES LLC / Construction Company / General Contractor
- DMK Management Consulting and Advisory / Business Management Consultant
- QIRT (Quality In Real Time) / Consultant / Hospice
Property Details for 15 Verbena Ave
- Year built
- 1963
- Construction
- STEEL FRAME
- Lot size
- 1.03 lot acres
- Property type
- Office buildings
- APN
- 32-121-00-0011
- APU
- 32121000011
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 27, 2022 | — | Verbena Associates LLC | — | Deed · related | $5M · Signature Bank |
| Dec 31, 2018 | — | Verbena Assocs LLC | Town Of Hempstead Indl Dev Agcy | Quit Claim Deed · related | — |
| Jul 30, 2015 | — | Jackson Dev Group | Verbena Partners LLC | Grant Deed · related | — |
| Jul 23, 2015 | $9,700,000 | Verbena Partners LLC | Town Of Hempstead Indl Dev Agcy | Trustees Deed | $1.5M · Asia Bk |
| Jul 23, 2015 | — | Verbena Associates LLC | Town Of Hempstead Indl Dev Agcy | Grant Deed · related | $5.9M · New York Cmnty Bk |
| Jun 4, 2007 | $3,400,000 | Verbena Partners LLC | 15 Verbena Avenue Realty LLC | Grant Deed | — |
| Jun 4, 2007 | — | Town Of Hempstead- Industrial | Verbena Partners LLC | Grant Deed · related | — |
| — | — | Verbena Partners LLC | — | Deed Of Trust · related | $6.2M · Flushing Savings Bank |
Description
This exceptional Class A executive office building, located at 15 Verbena Avenue in Floral Park, New York, presents a unique investment opportunity. Boasting 40,728 square feet of meticulously maintained space, this two-story building sits on a 1.02-acre lot and offers a compelling price per square foot of $300. A complete renovation was undertaken in 2008, ensuring modern amenities and high-quality finishes throughout. The second floor features an office-intensive layout exceeding standard installations. On-site parking is provided with gated access, and additional municipal parking is conveniently located across the street. The property's prime location offers easy access to major transportation arteries, including the Long Island Rail Road station, providing a 35-minute express commute to Penn Station. Furthermore, the Cross Island Parkway is just half a mile away, enhancing regional accessibility. Adding to its appeal is a large, landscaped interior courtyard, providing a tranquil and inviting outdoor space for tenants and staff. This property represents a rare combination of size, location, and modern amenities, making it an ideal acquisition for discerning investors seeking a high-quality executive office building in a desirable Long Island location. The building's address is 15 Verbena Ave, Floral Park, NY 11001, within Nassau County.
Value Estimations
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,145,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $3,915,000 Change: +24% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,930,000 Change: -7% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,790,000 Change: -11% Conversion: Easy
- RETAIL STORES
- $2,625,000 Change: -17% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Floral Park
- County
- Nassau
- State
- New York
- Longitude
- -73.7046
- Latitude
- 40.724
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
