For Lease
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Security Service
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Food Processing Plant
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Pharmacy
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight