Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    245 Newtown Rd Plainview, NY 11803
    Back to Search
    Property profile & analytics

    245 Newtown Rd Plainview, NY 11803


    • Manufacturing properties
    • 42,025 SF
    • 5.84 lot acres
    Plainview Flex Building For Rent For Lease
    $8,000,000
    106,297 SF

    Plainview Flex Building For Rent

    106,297 SF flex building on six acres with parking.

    245 Newtown Rd, Plainview, NY 11803
    View Listing
    Property ID
    US63-0282301
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • More Than A Gym / Medical Clinic
    • Protection 1 Security Solutions / Security Service
    • Hippeas / Food Processing Plant
    • Alto Pharmacy / Pharmacy
    • Yelena Palazzo / Physician

    Property Details for 245 Newtown Rd

    Year built
    1962
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.84 lot acres
    Property size
    42,025 SF
    Property type
    Manufacturing properties
    APN
    13-089-00-0013
    APU
    13089000013

    Description

    This exceptional 106,297 square foot flex building, located at 245 Newtown Road in Plainview, NY, offers a rare opportunity to lease 15,028 square feet of premium office and/or R&D space. The property boasts a complete renovation and is ideally situated just off the Long Island Expressway, providing unparalleled access and convenience. The building features a flexible layout suitable for a variety of uses, with a 22-foot ceiling height offering ample space and versatility. Ample parking is available with 315 spaces situated on a generous 6-acre lot, ensuring convenient access for employees and clients. The building includes two loading docks and one drive-in bay, catering to efficient logistics and material handling. The property is equipped with robust 600 amp electrical service, supporting the needs of modern businesses. This multi-tenant building in Nassau County offers a unique blend of functionality and accessibility, making it an ideal location for businesses seeking a modern and well-equipped workspace. The available space presents a chance to establish a prominent presence in a thriving Long Island business community. Contact us today to learn more about this exceptional opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $10,025,000
      6.5%
      $9,255,000
      7%
      $8,590,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Plainview
    County
    Nassau
    State
    New York
    Longitude
    -73.4503
    Latitude
    40.7853
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $651,528
    $47,956
    $29,895
    $77,851
    -
    $0.00
    $0.00
    $7,785,100
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message