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Investment Highlights
- ±195,000 SF Class A office building on ±19.34 acres
- Strategic location at the intersection of the Long Island Expressway (I-495) and Route 110
- Flexible floor plates with ±60,000 SF per floor, suitable for single- or multi-tenant occupancy
- Comprehensive top-to-bottom renovation completed in 2019 by a Fortune 500 company
- 973 parking spaces with a 5.0 / 1,000 SF parking ratio
Executive Summary
Cushman & Wakefield is pleased to exclusively present for sale 1307 Walt Whitman Road, a currently vacant ±195,000 SF Class A office building situated on ±19.34 acres in Melville, NY. The property underwent a comprehensive, top-to-bottom renovation in 2019 by a Fortune 500 company and is offered on an unpriced basis. Strategically located at the intersection of the Long Island Expressway (I-495) and Route 110, the asset represents a premier value-add lease-up opportunity within Long Island’s most established business corridor.
The 2019 renovation included, but was not limited to:
• LEED certification
• New state-of-the-art fitness center with fully equipped locker rooms
• New building management system (BMS)
• New 100 KVA UPS system
• New HVAC system, including RTUs and complete ductwork/distribution
• New cafeteria with a fully equipped kitchen
• New roof membrane
• Electric vehicle charging stations
The 2019 renovation included, but was not limited to:
• LEED certification
• New state-of-the-art fitness center with fully equipped locker rooms
• New building management system (BMS)
• New 100 KVA UPS system
• New HVAC system, including RTUs and complete ductwork/distribution
• New cafeteria with a fully equipped kitchen
• New roof membrane
• Electric vehicle charging stations
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
195,000 SF
Building Class
A
Year Built/Renovated
2004/2019
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
60,000 SF
Building FAR
0.23
Lot Size
19.34 AC
Zoning
I-1 - I-1 Light Industry District, Town of Huntington
Parking
973 Spaces (4.99 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Security System
- Signage
- Wheelchair Accessible
- Car Charging Station
- Air Conditioning
- Backup Power / Generators
Property Taxes
| Parcel Number | 0400-255-00-01-00-002-001 | Improvements Assessment | $59,000 |
| Land Assessment | $91,000 | Total Assessment | $150,000 |
Property Taxes
Parcel Number
0400-255-00-01-00-002-001
Land Assessment
$91,000
Improvements Assessment
$59,000
Total Assessment
$150,000
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1307 Walt Whitman Rd
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