250 Fulton Ave 87,480 SF 100% Leased Industrial Building New Hyde Park, NY 11040 $23,000,000 ($262.92/SF)

Marcus & Millichap is proud to present for sale 250 Fulton Avenue (“Subject Property”), an exceptionally rare industrial opportunity located in the heart of New Hyde Park, NY. This offering represents one of the few large-scale industrial assets available in the core Long Island market, where supply constraints and sustained tenant demand have driven record-low vacancy rates and escalating rental growth.
The Subject Property totals approximately ±87,480 square feet on a 2.86-acre parcel, featuring seven (7) loading docks, three (3) drive-in doors, and 16-foot clear heights. Constructed of durable masonry, the building is fully sprinklered, equipped with heavy 1,200-amp power, and serviced by gas heating. Its functional layout and robust infrastructure make it ideal for a wide range of industrial users—from logistics and distribution to light manufacturing and last-mile operations.
Strategically positioned just 5 minutes from the Queens border, 30 minutes from Suffolk County, and 40 minutes from Manhattan, the property offers unmatched connectivity to major highways, including I-495 (Long Island Expressway), Northern State Parkway, I-278, and I-678. This central location provides seamless access to LaGuardia (LGA) and JFK International Airports, as well as the broader New York metro distribution network.
Long Island remains one of the most supply-constrained industrial markets in the nation, characterized by limited new development and high barriers to entry. The surrounding trade area boasts over 572,000 residents within five miles, with an average household income exceeding $159,000, underscoring the purchasing power and employment density that support industrial and commercial operations.
This property’s scale, location, and functionality position it as a best-in-class owner-user or investor acquisition—a rare chance to secure a large industrial footprint in one of the most coveted submarkets in the New York metro area. Opportunities of this caliber are seldom available, making 250 Fulton Avenue a compelling asset for long-term value creation.