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    Property profile & analytics
    OFF-MARKET Estimated value $930,000
    Distribution centers

    200 Meacham Ave, Elmont, NY 11003-2632

    1,430 SF 0.07 ac lot Built 1926
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US63-1575656
    Property summary
    AI-generated overview

    This exceptional commercial property at 200 Meacham Ave, Elmont, NY presents a unique investment opportunity. Boasting a substantial 4,290 square feet of space, this three-story building offers a versatile blend of office and warehouse areas, ideal for a variety of businesses. The property sits on a 0.07-acre lot and includes convenient features such as loading docks and ample parking. The building itself is in immaculate condition, meticulously maintained, and benefits from various service contracts covering equipment and utilities, ensuring smooth and efficient operation. Recent upgrades include a new roof, updated central air conditioning and heating systems, upgraded electrical infrastructure, and a new high-definition closed-circuit television (HDCP) system. Accessibility is a key feature, with accessible bathrooms located throughout the building. A fully operational elevator provides convenient access to all three floors. The strategic location offers excellent proximity to major roadways and parkways, providing easy access for employees, clients, and deliveries. The current owner requires time to relocate their existing business following the sale. This presents a rare chance to acquire a well-maintained, versatile commercial property in a highly desirable location. The asking price is $2,650,000.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1926
    Construction FRAME
    Total area 1,430 SF
    Lot 0.07 ac (3,200 SF)
    APN 32-560-00-0033
    UPID US63-1575656
    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
    • Avir Forwarding Corporation Freight Service Logistics Company
    • Clowns.com Theater & Performing Art Venue Nightclub
    • Publications Expediting Inc Publishing House
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $930k
    Owner & transaction history
    Safetech Enterprises Corp
    Safetech Enterprises Corp
    since 2026
    4 recorded transactions
    2026
    $2.6M
    2019
    2016
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $1.3M +74.4%
    Office building $1.0M +40.3%
    Auto repair, garage $940,000 +30.7%
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