240 Crossways Park Drive West, Woodbury, NY

Nassau County, Woodbury, New York 11797

$5,800,000  

Listing ID Number

25447

Property Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 240 Crossways Park Drive West in Woodbury, Nassau County, NY. The property is a prime office/flex building located within the Crossways Park Drive Office Park on the northwest corner of Crossways Park Drive West, just south of Crossways Park Drive. The property is improved by a 26,000 sq. ft. single-story office/flex building with four units, three of which are currently leased. Additionally, the property has 85 onsite parking spaces to support the tenants day to day operations. There is an additional 15-20 landbanked parking spaces that can be created.

The building sits on an approx. 2.05 acre lot, benefitting from being on a corner where Crossways Park Drive West wraps around and enjoys a tremendous 545’ feet of frontage. This amount of exposure creates a great future signage opportunity.

In addition to the aforementioned frontage, the property sits approx. 1,500 feet North of the Long Island Expressway (I-495) and approx. 500 feet East of the Seaford-Oyster Bay Expressway (NY-135). With 5,257 sq. ft. currently vacant, and another 13,556 sq. ft. with leases expiring by the end of 2019, there is potential to assemble 18,813 sq. ft. for a credit tenant or corporate headquarters. The property is situated within an LI (Light Industrial) zoning district, which allows for a tremendous variety of as of right uses.

All inspections must be made by appointment only!

Overview

Building Type:Commercial Buildings
Lot Sq Ft:89,338
Units:4
Zoning:Light Industrial
Building Sq Ft:25,929

Contact

For further information or inspection, please contact Exclusive Agents:

No Agents Found


Property Images

Click the image for a high resolution version.

<     /     >

Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.