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Property profile & analytics
OFF-MARKET Estimated value $1,130,000
Investment properties

245 Old Country Rd Carle Place, NY 11514-2055

5,368 SF 0.28 ac lot Built 1947
Entity Owned 10-yr Hold Free & Clear
Property ID
US63-2142458
Property summary
AI-generated overview

This exceptional Class A commercial property, located at 245 Old Country Road in Carle Place, NY 11514, offers 15,000 square feet of versatile space ideal for retail, office, or a combination thereof. Situated on a 18,262 square foot lot with 140 feet of frontage, this two-story building boasts multiple suites, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 15,000 square feet. Currently, the entire 15,000 square feet is vacant, presenting a unique opportunity for a single tenant or multiple occupants. Built in 1959, the property features 26 parking spaces and is conveniently located near Meadowbrook Parkway in the desirable Roosevelt Field Shopping District of Garden City submarket. The property's prominent location and ample space make it an excellent choice for businesses seeking high visibility and accessibility. This is a rare opportunity to secure a substantial commercial space in a prime location. The property's flexible layout and significant square footage offer considerable potential for various business ventures. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1947
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,368 SF
Lot 0.28 ac (12,284 SF)
APN 10-046-00-0130
UPID US63-2142458
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
  • Deltana Hardware for Affordable Prices Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.14M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M
Owner & transaction history
6340 Nb LLC · 10 yrs held
6340 Nb LLC
since 2016
1 recorded transaction
2016
$3.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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