Property profile

370 Crossways Park Dr Woodbury, NY 11797

OFF-MARKET
Manufacturing properties
Property ID
US63-0099160
6,807 SF 1.29 ac lot Built 1967
Individually Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 15,300-square-foot Class A property at 370 Crossways Park Drive in Woodbury, NY, presents a unique opportunity for businesses seeking flexible space. Located in Nassau County, this single-story building boasts a desirable light industrial zoning designation. Built in 1969 and extensively renovated in 1998, the property offers a blend of modern amenities and established infrastructure. The entire 15,300 square feet is currently vacant, providing immediate occupancy for a single tenant or the potential for multiple tenants. The high ceilings, ranging from 13 to 14 feet, accommodate a variety of uses, while the convenient single drive-in bay enhances operational efficiency. The property's classification as both Executive Office and Warehouse space makes it ideal for companies needing a combination of office and storage or production areas. Its location in Woodbury, NY, 11797, offers easy access to major transportation routes, making it an attractive location for businesses seeking convenient commutes and logistics. This is a rare opportunity to secure a substantial, fully vacant, Class A property in a prime Nassau County location. The property is zoned for light industry, providing versatility for various business types.

Property profile

Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,807 SF
Lot 1.29 ac (56,105 SF)
APN 15-184-00-0028
UPID US63-0099160

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
  • Dental Office
  • Dental Office
  • Auto Parts Store
  • Mobile Phone Store Electronics & Wireless Store
  • High School Vocational School

Location

370 Crossways Park Dr Woodbury, NY 11797-2050
Woodbury metro Census 518204 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.23M

Owner & transaction history

since 2014
4 recorded transactions
2021
Price N/A
2014
Price N/A
2012
Price N/A
2005
$3.8M

Zoning & alternative use

Top alternative use upside
Restaurant $6.0M +47.2%
Neighborhood: shopping center $6.0M +45.4%
Office building $4.8M +17.0%

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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