150-170 Crossways Park Drive, Woodbury, NY

Nassau County, Woodbury, New York 11797

$9,000,000  

Listing ID Number

25448

Property Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 150-170 Crossways Park Drive in Woodbury, Nassau County, NY. The property is a prime office/flex building located within the Crossways Park Drive Office Park on the northeast corner of Crossways Park Drive, across the street from the corporate headquarters of CLK Properties.

The property is improved by a approx. 41,000 sq. ft. single-story office/flex building with four units. Parking is provided by 83 on-site spaces.

The building sits on an approx. 2.351 acre lot, benefitting from being on a corner where Crossways Park Drive wraps around and enjoys 700’ feet of frontage. Situated in the center of the coveted Crossways Park Drive Office Park, the property is ideally located within close proximity to many major roads and highways, including Jericho Turnpike (NY-25) approx. 0.3 miles to the north, Seaford-Oyster Bay Expressway (NY-135) approx. 0.3 miles to the west, the Long Island Expressway (I-495) approx. 0.6 mile to the south and the Northern State Parkway approx. 0.9 mile to the south.

The building is currently 100% occupied with a strong tenant roster, including Bright Horizons (the nation’s largest provider of sponsored child care), and the North American corporate headquarters of Hitachi Kokusai Electronic. Rounding out the tenancy is Greenberg Cosmetic Surgery and MMC Magnetics Corp.

The property is situated within an LI (Light Industrial) zoning district, which allows for a multitude of as of right uses.

All inspections must be made by appointment only!

Overview

Building Type:Commercial Buildings
Lot Sq Ft:102,434
2.351 Acres
Units:4
Zoning:Light Industrial
Building Sq Ft:40,075

Contact

For further information or inspection, please contact Exclusive Agents:

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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.