250 Fulton Ave - Distribution FOR SALE


New Hyde Park, NY 11040- Garden City Park
$23,000,000 USD
212-430-5196
250 Fulton Ave, New Hyde Park, NY for Sale
$23,000,000 USD
Distribution - FOR SALE
1/10
null | Request Cap Rate

Oct '27


250 Fulton Ave
New Hyde Park, NY 11040
Garden City Park


HIGHLIGHTS

  • Rare Nassau County Large-Format Multi-tenant Industrial Asset — ±87,480 (GLA) SF masonry building on 2.86 acres.
  • 7 loading docks, 3 drive-in doors, 16' clear height (20' to Decking),1,200amps heavy power, gas heat, and full sprinkler coverage.
  • Close to I-495, Northern State Parkway, and major arterials connecting Suffolk, Queens, Brooklyn, and Manhattan.

OVERVIEW

Marcus & Millichap is proud to present for sale 250 Fulton Avenue (“Subject Property”), an exceptionally rare industrial opportunity located in the heart of New Hyde Park, NY. This offering represents one of the few large-scale industrial assets available in the core Long Island market, where supply constraints and sustained tenant demand have driven record-low vacancy rates and escalating rental growth. The Subject Property totals approximately ±87,480 square feet on a 2.86-acre parcel, featuring seven (7) loading docks, three (3) drive-in doors, and 16-foot clear heights. Constructed of durable masonry, the building is fully sprinklered, equipped with heavy 1,200-amp power, and serviced by gas heating. Its functional layout and robust infrastructure make it ideal for a wide range of industrial users—from logistics and distribution to light manufacturing and last-mile operations. Strategically positioned just 5 minutes from the Queens border, 30 minutes from Suffolk County, and 40 minutes from Manhattan, the property offers unmatched connectivity to major highways, including I-495 (Long Island Expressway), Northern State Parkway, I-278, and I-678. This central location provides seamless access to LaGuardia (LGA) and JFK International Airports, as well as the broader New York metro distribution network. Long Island remains one of the most supply-constrained industrial markets in the nation, characterized by limited new development and high barriers to entry. The surrounding trade area boasts over 572,000 residents within five miles, with an average household income exceeding $159,000, underscoring the purchasing power and employment density that support industrial and commercial operations. This property’s scale, location, and functionality position it as a best-in-class owner-user or investor acquisition—a rare chance to secure a large industrial footprint in one of the most coveted submarkets in the New York metro area. Opportunities of this caliber are seldom available, making 250 Fulton Avenue a compelling asset for long-term value creation.

FOR SALE DETAILS

PRICE

$23,000,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

UTILITIES

Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

7

DRIVE INS

3

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.86

LAND SF

124,582

ZONING

-

APN/PARCEL ID

2289-33-167-00-0425-0

ASK ABOUT THIS PROPERTY

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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