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Financial
Distress signals
Property profile

575 Underhill Blvd Syosset, NY 11791

FOR LEASE
Distribution centers
Property ID
US63-6280811
36,605 SF 16.6 ac lot Built 1956
Last sale Feb 2007 · $10
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 235,000-square-foot, two-story building in Nassau County offers a unique blend of office and industrial space, perfect for a variety of businesses. Situated on a 16.6-acre lot at the corner of Jericho Turnpike and Underhill Boulevard, this multi-tenant property boasts convenient access to major transportation routes, including the Long Island Railroad (Syosset Station), Routes 135, 106, and 107. The building features ample parking, ensuring convenient access for employees and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$280k
Assessed land$163k
Assessed improvement$118k

Value estimate

· Oct 2026
$150k
$135k – $165k
NOI build-up
Gross scheduled income$240k
Vacancy & credit loss−$19k
Operating expenses−$83k
NOI · 530,769.23% cap applied$138k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$503/SF
County average, outlier-cleaned · 214 recorded sales of this use type
Observed band · Q1–Q3$217 – $1,009
Qualifying comparables11

Cap rate analysis

How does the asset earn?
530,769.23%
$138k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store17.4
Storage Facility16.0
Building Supply15.9

Location

575 Underhill Blvd Syosset, NY 11791
County assessor Recorded deeds · 8 transfers 11 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 12 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
170 Eileen, Syosset, NY 11791-5312 $5,700,000 Mar 2023 13,026 SF
30 Gordon, Syosset, NY 11791-4719 $3,900,000 Nov 2021 18,863 SF
300 Michael, Syosset, NY 11791-5307 $54,317,951 Oct 2021 11,507 SF
318 Jackson, Syosset, NY 11791 $740,000 Jul 2021 540 SF
425 Underhill, Syosset, NY 11791-3433 $8,600,000 Mar 2019 6,408 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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