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Business & Research Center At Garden City 1000 Stewart Ave 185,556 SF 64% Leased Flex Building Garden City, NY 11530 For Sale



Investment Highlights
- Stabilized, credit-backed income from Lifetime Brands and Nassau Community College, with ~96% occupancy and contractual rent escalations.
- Grandfathered lab/testing use with exceptional ~15,000 amps of power supporting R&D and advanced manufacturing.
- Prime 7.57-acre Nassau Hub location with Stewart Avenue frontage near NCC, Hofstra, Roosevelt Field, and major parkways.
Executive Summary
Lifetime Brands anchors the property with its global headquarters, showroom, and production hub, while Nassau Community College adds institutional credit. The leases include contractual rent escalations and limited landlord responsibilities, providing immediate, predictable cash flow.
Beyond stable income, the property offers long-term residential redevelopment potential. Located within Nassau County’s Hub — an area experiencing growing demand for housing, retail, and mixed use development — the ±7.57 acre site provides a rare opportunity for institutional investors to secure covered land value with income in place.
Property Facts
Amenities
- 24 Hour Access
- Security System
- Signage
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Lifetime Brands began in 1945 as Lifetime Cutlery Corporation in Brooklyn, New York. The company evolved from a cutlery business into a global designer and marketer of consumer products for the home. Lifetime Brands offers kitchenware, tableware, home solutions, and giftware products through a portfolio of well-known brands. The company serves mass merchants, specialty stores, and e-commerce channels worldwide. Over decades, the company expanded its product lines through strategic acquisitions while maintaining its core focus on home goods.
- Nassau Community College
- Educational Services
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Manufacturing | 99,999 SF | - | Jan 0000 | ||
| Nassau Community College | Educational Services | 99,999 SF | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Ideal for wholesale & distribution, assemblage, lab, medical, and R&D users.
Ideal for wholesale & distribution, assemblage, lab, medical, and R&D users.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 25,000 SF | Industrial | Full Build-Out | Now |
| 2nd Floor | 33,000 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 25,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 33,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 25,000 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
Ideal for wholesale & distribution, assemblage, lab, medical, and R&D users.
2nd Floor
| Size | 33,000 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
Ideal for wholesale & distribution, assemblage, lab, medical, and R&D users.
Property Taxes
| Parcel Number | 2089-44-D-00-0335-0 | Improvements Assessment | $215,497 |
| Land Assessment | $92,330 | Total Assessment | $307,827 |
Property Taxes
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Business & Research Center At Garden City | 1000 Stewart Ave
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