1600 Stewart AveWestbury, NY 11590

Property Details for 1600 Stewart Ave

Year built

1986

Construction

STEEL FRAME

Lot size

7.88 AC

Property size (Sq ft)

30,090 SF

Property type

Office buildings

APN

44-00D-00-0364

APU

4400D000364

Description

This exceptional six-story office building, located at 1600 Stewart Avenue in Westbury, NY 11590, offers a variety of executive office and traditional office spaces for lease. Built in 1985, the property boasts a total of 220,000 square feet, with a single building providing ample space for various business needs. Currently, there are 48,200 square feet of vacant space available, divisible into units as small as 942 square feet, and offering contiguous spaces up to a maximum of 33,000 square feet. The building is ideally suited for multiple tenants seeking flexible and adaptable office solutions. With its convenient Nassau County location, the property offers unparalleled accessibility. The building features convenient amenities including 550 free parking spaces and elevators for easy access to all floors. This presents a unique opportunity to secure high-quality office space in a thriving business community. The property's strategic location within the Nassau County submarket cluster ensures excellent visibility and accessibility for businesses of all sizes. This is an exceptional opportunity to establish or expand your business in a well-maintained and conveniently located office building. Inquire today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $4,974,776

  6.5%

  $4,592,100

  7%

  $4,264,094

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,931,560

  Geo Method

  $3,931,560

• Alternative Use

  Use

  Valuation

  Residential

  $5,694,205

  Hospitality

  $5,215,861

  Educational

  $4,339,535

  Medical

  $4,488,778

  Retail

  $6,750,388

Location Insight

City

Westbury

County

Nassau

State

New York

Latitude

40.7359

Longitude

-73.5838

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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