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    Property profile & analytics
    OFF-MARKET Estimated value $10,550,000
    Office Spaces

    41 Heisser Ln 101, Farmingdale, NY 11735-3314

    2.63 ac lot Built 1971
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US63-2380760
    Property summary
    AI-generated overview

    This exceptional 5,195-square-foot industrial property in South Farmingdale, NY, offers a versatile space ideal for manufacturing, warehousing, flex, distribution, or R&D operations. Situated in Nassau County at 41 Heisser Ln, 11735, this single-tenant building boasts 500 square feet of well-appointed office space, complemented by a spacious 5,000-square-foot warehouse featuring 15-foot high ceilings. Natural light floods the space through large front and high rear windows. The property includes a convenient 12' x 14' overhead door, a drive bay, and ample private 24/7 parking. Inside, you'll find an air-conditioned clean production room, two bathrooms, and a kitchenette. Modern amenities such as central air and heating, and drop ceilings add to the property's appeal. Its prime location offers easy access to major parkways, the Long Island Expressway (less than 10 minutes away), the Farmingdale LIRR station, and Republic Airport, ensuring seamless transportation and logistics. This property presents a unique opportunity for businesses seeking a functional and strategically located industrial space.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1971
    Lot 2.63 ac (114,563 SF)
    APN 48-518-00-0330-U-CA0241-00101
    UPID US63-2380760
    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
    • dormakaba USA Inc. Hardware & Home Improvement Production Facility
    • The Amp Pros Electrical Service General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $10.56M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $10.55M
    Owner & transaction history
    Morrisville Associates LLC · 3 yrs held
    Morrisville Associates LLC
    since 2022
    Last sale
    $10.6M
    5 recorded transactions
    2022
    $10.6M
    2007
    $4.5M
    2007
    $10
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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