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    Property profile & analytics
    OFF-MARKET
    Flex space

    589 Main St, Westbury, NY 11590-4900

    451 SF 0.46 ac lot Built 1951
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US63-3458036
    Property summary
    AI-generated overview

    This fee-simple industrial warehouse, located at 589 Main St, Westbury, NY 11590, presents a compelling owner-user opportunity. The 12,525-square-foot building sits on a 0.46-acre lot and features a 16-foot ceiling height, providing ample space for various industrial uses. Built in 1951, this Class B property boasts four dock-high doors, facilitating efficient loading and unloading. The property currently has 100% occupancy but will be delivered vacant upon sale. Its strategic location offers easy access to major transportation arteries, including I-495 (3 miles), the Northern State Parkway, and the Meadowbrook State Parkway (both approximately 2 miles away). The property is zoned Industrial B and includes 600 amps of power. With a strong demographic profile in the surrounding area (over 140,000 people within a three-mile radius and an average household income exceeding $156,000), this warehouse offers significant potential for growth and profitability. The asking price is $3,500,000. This single-unit building is comprised of two structures, each one story high. Further details are available upon request.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1951
    Construction STEEL FRAME
    Total area 451 SF
    Lot 0.46 ac (19,994 SF)
    APN 11-174-00-0037
    UPID US63-3458036
    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
    • Freund Woodworking Co General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    589 Main Holdings LLC
    589 Main Holdings LLC
    since 2025
    Last sale
    $3.0M
    1 recorded transaction
    2025
    $3.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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