Project Description

For Sale: Office Building in New Hyde Park, NY

151 Herricks Road, New Hyde Park, NY 11040

Executive Summary:

Price: $6,499,000
Building Size: 30,231 SF
Property Type: Office & Warehouse
Lot Size: 26,752 SF
Year Built: 1972
Cap Rate (Projected): 6.78%
NOI (Projected): $440,425
151 Herricks Road
New Hyde Park, NY 11040

Property Highlights

  • Suited For Investor or Owner-User
  • Consists of Warehouse & Office Space
  • Property Has Been Recently Renovated
  • High Traffic Counts: 30,000+ VPD
  • Features Street Parking & Parking Lot
  • Tenants Reimburse For R.E. Taxes

Property Overview

American Investment Properties is exclusively retained to sell 151 Herricks Rd in NewHyde Park, New York. At this location you’ll find office and warehouse space. The property consists of approximately 30,231SF of leasable space and sits on 0.61 acres. This deal is suited for an investor or a owner-user seeking office space.​ Many tenant leases are coming due within the next two years.​

Renovated a few years ago, this property sits nicely on the busy Old Country Rd which has over 30,000 vehicles per day driving by. This location provides street parking and an on-site parking lot.

Near to the property is NYU Winthrop Hospital, Mineola LIRR Station,Social Security Administration, the Nassau Country Courthouse and more.

Location Overview

New Hyde Park is a village located in Nassau County, Long Island,New York. It is within both the Town of Hempstead and the Town of North Hempstead. New Hyde Park is bordered by Floral Park on the west, Garden City on the east, Stewart Manor to the south, and North New Hyde Park to the north.

As of the 2010 census, there were 9,712people, 3,271 households,and 2,544 families residing in the area. The median income for a household in the village was $86,875, and the median income for a family was $86,875.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
(O) 516.393.2300 x202
(F) 516.390.5780

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