631-425-1232
1000 Stewart Ave, Garden City, NY for Sale
R&D - FOR SALE
1/18
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1000 Stewart Ave
Garden City, NY 11530
East Garden City


HIGHLIGHTS

  • Stabilized, credit-backed income from Lifetime Brands and Nassau Community College, with ~96% occupancy and contractual rent escalations.
  • Prime 7.57-acre Nassau Hub location with Stewart Avenue frontage near NCC, Hofstra, Roosevelt Field, and major parkways.
  • Grandfathered lab/testing use with exceptional ~15,000 amps of power supporting R&D and advanced manufacturing.

OVERVIEW

Cushman & Wakefield is pleased to exclusively present 1000–1050 Stewart Avenue and 500 Endo Boulevard, a two-building, ±187,118 SF flex/office campus on ±7.57 acres in the core of Nassau County. The property is currently 96% leased to Lifetime Brands (NASDAQ: LCUT) and Nassau Community College, providing durable net-leased income supported by credit tenancy. The asset includes ±135,207 SF of office/classroom and a ±45,301 SF flagship showroom featuring ±18’–20’ ceiling heights, supporting high-end product display, customer experience, and brand events. Lifetime Brands anchors the property with its global headquarters, showroom, and production hub, while Nassau Community College adds institutional credit. The leases include contractual rent escalations and limited landlord responsibilities, providing immediate, predictable cash flow. Beyond stable income, the property offers long-term residential redevelopment potential. Located within Nassau County’s Hub — an area experiencing growing demand for housing, retail, and mixed use development — the ±7.57 acre site provides a rare opportunity for institutional investors to secure covered land value with income in place.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Business & Research Center At Garden City

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

ADD'L SUBTYPES

undefined, Loft/Creative Space, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1968

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

2

DRIVE INS

-

PARKING SPACES

546

LAND DETAILS

LAND ACRES

7.57

LAND SF

329,749

ZONING

Business (X)

APN/PARCEL ID

2089-44-D-00-0335-0

ASK ABOUT THIS PROPERTY

Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1232

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Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1232

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.