Property profile

1979 Marcus Ave Unit 210 210 New Hyde Park, NY 11042

FOR LEASE
Office buildings
Property ID
US63-6086266
49,750 SF 8.64 ac lot Built 1989
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office building, located at 1979 Marcus Avenue in Lake Success, NY, offers a total of 79,799 square feet of premium office space. Currently, the entire building is available for lease, providing a unique opportunity for a single tenant to occupy this impressive property. The flexible floor plan allows for various configurations, accommodating businesses requiring anywhere from 1,703 square feet to a maximum contiguous space of 27,659 square feet. Tenants can benefit from the building's multiple tenancy setup, offering a dynamic and collaborative environment. Situated in Nassau County, with a convenient address in North New Hyde Park (zip code 11042), this location provides easy access to major transportation routes and amenities. The property is ideal for businesses seeking a prestigious address and ample space to accommodate their growth. The building's size and layout offer significant potential for customization and adaptation to suit a wide range of business needs. This is a rare opportunity to secure a substantial and well-located office space in a thriving area of New York. Inquire today to learn more about leasing this exceptional property.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 49,750 SF
Lot 8.64 ac (376,228 SF)
APN 08-B18-00-0334
UPID US63-6086266

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Factory Production Facility
  • Marketing & Advertising
  • Law Firm
  • Law Firm

Location

1979 Marcus Ave Unit 210, Unit 210 New Hyde Park, NY 11042
New Hyde Park metro Census 302800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M

Owner & transaction history

since 2005
7 recorded transactions
2025
Price N/A
2024
Price N/A
2020
Price N/A
2005
$53.5M
1998
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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