15 Verbena Ave Floral Park, NY 11001-2793
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.
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Marc's Unique Antiques Real Estate Agency
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Chase Mortgage Loan Service Bank
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MADDD EQUITIES LLC Construction Company General Contractor
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DMK Management Consulting and Advisory Business Management Consultant
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QIRT (Quality In Real Time) Home Health Care Service Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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.