910 3rd Ave - Warehouse FOR SALE


New Hyde Park, NY 11040
$1,799,999 USD
516-686-9331
910 3rd Ave, New Hyde Park, NY for Sale
$1,799,999 USD
Warehouse - FOR SALE
1/19
null | Request Cap Rate

910 3rd Ave
New Hyde Park, NY 11040


HIGHLIGHTS

  • This 5,000 SF industrial building offers 14' clear height, a drive-in bay, and elevators, delivered vacant for immediate use.
  • This turnkey asset suits users or investors in a high-demand market with no new supply and 3.3% annual rent growth.
  • The property is near parks, retail, major highways, the LIRR, and top healthcare, offering excellent access to NYC.
  • Businesses can scale with access to 140,000+ nearby workers, 46% of whom hold a bachelor's degree or higher.

OVERVIEW

910 3rd Avenue, located in New Hyde Park, is a 5,000-square-foot industrial building with 14-foot clear height, one drive-in bay, and three elevators. This property is suitable for a warehouse with office, contractor, plumber, sports facility, or storage. Delivered vacant, this is a turnkey opportunity for end-users seeking top quality space for their operations. Value-add investors can also make use of this valuable opportunity to lease space in a high demand submarket with no new construction during the last decade and year-over-year rent growth of 3.3%. 910 3rd Avenue is in a community known for its beautiful parks, like Michael J. Tully Park, located near shops, restaurants, and major highways. The location also provides convenient access to New York City via the Long Island Railroad, benefiting commuters. The property sits close to great healthcare facilities, such as the Parker Jewish Institute for Health Care and Rehabilitation. Businesses at 910 3rd Avenue will be able to leverage a large workforce within three miles of the property when scaling their operations. There are more than 17,000 businesses in the area, with a daytime employment of more than 140,000. More than 46% of these workers carry a bachelor’s degree or higher, presenting a significant pool of skilled labor for future hiring.

FOR SALE DETAILS

PRICE

$1,799,999 USD

PRICE/SF

$360 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12

LAND SF

5,350

ZONING

M2

APN/PARCEL ID

33-181-00-0167

ASK ABOUT THIS PROPERTY

Charles DimarinoCheckpoint Collision GroupMore Info
516-686-9331

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Charles DimarinoCheckpoint Collision GroupMore Info
516-686-9331

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