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900 Merchants Concourse 152,000 SF 50% Leased 4-Star Office Building Westbury, NY 11590 $19,250,000 ($126.64/SF)
INVESTMENT HIGHLIGHTS
- Prime visibility and professional presence in a 152,000-square-foot office building on 6.06 acres with commanding frontage along Merchants Concourse.
- Anchored by regional demand drivers, located Steps from Roosevelt Field Mall, Eisenhower Park, and New York University Langone/Winthrop Hospital.
- Flexible value-dd upside with approximately of the building 40% vacant, creating multiple repositioning paths.
- Transit-oriented in a highly accessible location just minutes from major parkways and LIRR stations, providing exceptional access to New York City.
EXECUTIVE SUMMARY
Currently about 40% vacant, the asset offers multiple paths to value creation. Investors can pursue a modern office lease-up strategy, explore a medical office conversion, or reposition the property entirely. With flexible zoning, ample surface parking, and a large floor plate, the property also presents long-term redevelopment potential in a supply-constrained market.
The location is anchored by strong regional demand drivers, including Roosevelt Field Mall, Winthrop Hospital, Eisenhower Park, and a dense concentration of medical and institutional users. Excellent access to the LIRR and major highways supports long-term tenant demand and broadens the appeal to a wide range of users.
This is a compelling opportunity for investors seeking to unlock value through execution in a high-barrier, infill location with strong real estate fundamentals.
For additional information or to schedule a property inspection, please contact the exclusive brokers.
SALE FLYER
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Food Service
- Property Manager on Site
- Wheelchair Accessible
- Storage Space
- Central Heating
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Administrative and Support Services
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Gross Polowy, LLC is comprised of attorneys and support staff that have extensive experience in foreclosure, mortgage servicing and home retention/loss mitigation in New York and New Jersey. The firm possesses the knowledge, expertise and integrity to operate successfully in the ever-changing legal world. Gross Polowy, LLC is a law firm dedicated to representing the financial services industry. The attorneys at the firm have extensive experience in providing legal counsel related to defaulted mortgages to both commercial and residential lenders, investors, and servicing organizations. The firm specialties also include home retention, legal compliance, foreclosure, settlement services, title curative, bankruptcy, appellate and related real estate matters.
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Mid-Island Mortgage provides stability, expertise and stellar customer service. What separates Mid-Island Mortgage Corp. from other lenders is their unique ability to deliver strong, solid home lending with personalized, individual service to best fit your specific needs. Mid-Island has been serving the local community for over 65 years, they’re your friends and neighbors and know your town first hand… that’s something that can’t be said about the many giant, national mortgage corporations. While Mid-Island prides itself on being your personal banker, they’re still a first rate direct lender – most small, pop-up mortgage companies have nowhere near our access to lending resources to ensure that you receive the loan that’s just right for you!
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- Professional, Scientific, and Technical Services
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Robertson, Anschutz, Schneid, Crane & Partners, PLLC provides full-service creditors’ rights and real estate legal services at both the state and federal level in California, Connecticut, Delaware, Florida, Georgia, Illinois, Kentucky, Maryland, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Texas, and Virginia. RAS has earned a strong reputation for its ingenuity in developing a unique and successful approach to handling its Clients’ Foreclosure, Bankruptcy, Litigation, Loss Mitigation, Deed-in-Lieu, and Evictions needs. RAS’s seasoned staff provides its Clients with a “boutique firm” quality and attentiveness while also delivering an aggressive timeline for resolution. The Firm’s focus on the attorney-client relationship has afforded the Firm the ability to cultivate a tailored process for each of its diverse clients.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Bright open space with windows. Space can be used as office or flex use.
Suites 102 and 104 can be leased together or separate.
Corner suite located right next to the main building's west entrance. Consists of open bull pen space, five offices, storage rooms, and two conference rooms.
Suite 204 is divisible up to 14,089.
Suite 210 is 4,655 SF of office space. Suitable for an array of office tenants.
Corner unit with an abundance of natural light and operable windows. Mostly open space with a waiting area, one conference room, one office, two private bathrooms, storage areas. Landlord will consider modifications to layout. Luncheonette within the building. Self contained building storage units of various sizes available.
- 4th Floor
- 1,852 SF
- Office/Medical
- Partial Build-Out
- Now
Full Floor Available with Building signage
Corner office space with a small waiting area, two conference rooms, two offices, kitchenette area, and large bull pen area. Operable windows. Landlord will consider modifications to layout. Luncheonette within the building. Self-contained building storage units of various sizes.
Suite 406 is 4,984 SF located in prime office space.
4,929 SF available of built out office space. Suitable for office or medical tenants.
3,528 SF available. Suitable for office or medical tenants.
5,916 SF available. Suitable for office or medical tenants.
| Space | Size | Space Use | Condition | Available |
| Lower Level-Ste LL10 | 2,000-8,599 SF | Office/Medical | Partial Build-Out | Now |
| 1st Fl-Ste 102/104 | 2,200-5,008 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 116 | 6,111 SF | Office/Medical | Partial Build-Out | Now |
| 2nd Fl-Ste 204 | 9,434-14,089 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 210 | 4,655 SF | Office/Medical | Full Build-Out | Now |
| 3rd Fl-Ste 302 | 4,493 SF | Office/Medical | Partial Build-Out | Now |
| 4th Floor | 1,852 SF | Office/Medical | Partial Build-Out | Now |
| 4th Fl-Ste 400 | 7,530 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 405 | 3,810 SF | Office/Medical | Partial Build-Out | Now |
| 4th Fl-Ste 406 | 4,984 SF | Office/Medical | Partial Build-Out | Now |
| 4th Fl-Ste 410 | 4,929 SF | Office/Medical | Partial Build-Out | Now |
| 4th Fl-Ste 412 | 3,528 SF | Office/Medical | Partial Build-Out | Now |
| 4th Fl-Ste 414 | 5,916 SF | Office/Medical | Partial Build-Out | Now |
Lower Level-Ste LL10
| Size |
| 2,000-8,599 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 102/104
| Size |
| 2,200-5,008 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 116
| Size |
| 6,111 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 204
| Size |
| 9,434-14,089 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 210
| Size |
| 4,655 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 302
| Size |
| 4,493 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 1,852 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
4th Fl-Ste 400
| Size |
| 7,530 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 405
| Size |
| 3,810 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
4th Fl-Ste 406
| Size |
| 4,984 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
4th Fl-Ste 410
| Size |
| 4,929 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
4th Fl-Ste 412
| Size |
| 3,528 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
4th Fl-Ste 414
| Size |
| 5,916 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Lower Level-Ste LL10
| Size | 2,000-8,599 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Bright open space with windows. Space can be used as office or flex use.
1st Fl-Ste 102/104
| Size | 2,200-5,008 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Suites 102 and 104 can be leased together or separate.
1st Fl-Ste 116
| Size | 6,111 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Corner suite located right next to the main building's west entrance. Consists of open bull pen space, five offices, storage rooms, and two conference rooms.
2nd Fl-Ste 204
| Size | 9,434-14,089 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Suite 204 is divisible up to 14,089.
2nd Fl-Ste 210
| Size | 4,655 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Suite 210 is 4,655 SF of office space. Suitable for an array of office tenants.
3rd Fl-Ste 302
| Size | 4,493 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Corner unit with an abundance of natural light and operable windows. Mostly open space with a waiting area, one conference room, one office, two private bathrooms, storage areas. Landlord will consider modifications to layout. Luncheonette within the building. Self contained building storage units of various sizes available.
4th Fl-Ste 400
| Size | 7,530 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Full Floor Available with Building signage
4th Fl-Ste 405
| Size | 3,810 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Corner office space with a small waiting area, two conference rooms, two offices, kitchenette area, and large bull pen area. Operable windows. Landlord will consider modifications to layout. Luncheonette within the building. Self-contained building storage units of various sizes.
4th Fl-Ste 406
| Size | 4,984 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Suite 406 is 4,984 SF located in prime office space.
4th Fl-Ste 410
| Size | 4,929 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
4,929 SF available of built out office space. Suitable for office or medical tenants.
4th Fl-Ste 412
| Size | 3,528 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
3,528 SF available. Suitable for office or medical tenants.
4th Fl-Ste 414
| Size | 5,916 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
5,916 SF available. Suitable for office or medical tenants.
ABOUT EASTERN NASSAU
Eastern Nassau is a premier office destination on Long Island, offering a strategic blend of suburban accessibility and metropolitan connectivity. The submarket encompasses vibrant communities such as Syosset, Woodbury, Jericho, Hicksville, Plainview, Old Bethpage, Levittown, and Farmingdale, all anchored by major thoroughfares including the Northern State Parkway, Long Island Expressway, and Southern State Parkway. This location provides seamless access to New York City, neighboring Suffolk County, and key transit hubs, including Republic Airport and multiple Long Island Rail Road stations.
The area attracts a diverse mix of tenants, from professional services and healthcare to technology, drawn by its robust infrastructure and proximity to a highly educated workforce. Office properties in Eastern Nassau benefit from nearby retail, dining, and recreational amenities, creating an appealing environment for businesses and employees.
DEMOGRAPHICS
Demographics
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Benihana | - | - | 3 min walk |
| Chick-Fil-A | - | - | 5 min walk |
| Orbident | - | - | 6 min walk |
| Popeye's Louisiana Kitchen | - | - | 6 min walk |
| McDonald's | - | - | 6 min walk |
| The Halal Chicken & Rice Company | Burgers | - | 6 min walk |
| Azerbaijan Grill | Grill | $$ | 6 min walk |
| MoCa | Japanese | $$$ | 7 min walk |
| Pho Grand | Vietnamese | $$$ | 7 min walk |
| Dunkin' | Cafe | - | 8 min walk |
RETAIL |
||
|---|---|---|
| Apple Bank | Bank | 4 min walk |
| Fidelity National Title | Insurance | 6 min walk |
| Walgreens | Drug Store | 6 min walk |
| Bloomingdale's | Dept Store | 7 min walk |
| AMC | Cinema | 9 min walk |
| Walmart | Dept Store | 11 min walk |
| Marshalls | Dept Store | 11 min walk |
| DaVita Kidney Care | MD/DDS | 15 min walk |
| Target | Dept Store | 14 min walk |
| Best Buy | Consumer Electronics | 15 min walk |
HOTELS |
|
|---|---|
| Courtyard |
145 rooms
2 min drive
|
| Hilton Garden Inn |
140 rooms
2 min drive
|
| Holiday Inn |
152 rooms
3 min drive
|
| Hyatt Place |
122 rooms
4 min drive
|
| Hampton by Hilton |
143 rooms
4 min drive
|
| SpringHill Suites |
120 rooms
5 min drive
|
| Homewood Suites by Hilton |
150 rooms
6 min drive
|
| Trademark Collection by Wyndham |
116 rooms
7 min drive
|
| Marriott |
575 rooms
7 min drive
|
| Ramada |
98 rooms
16 min drive
|
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1 | |
| Land Assessment | $159,601 | Total Assessment | $159,602 |
PROPERTY TAXES
SALE ADVISORS
SALE ADVISORS
Stephen Preuss, Vice Chairman, Investment Sales
Over his nearly 20-year career Stephen has produced an ambitious track record with over $7.5 billion of investment and commercial real estate transactions while consistently performing over 500 property valuations per year. Throughout his tenure Stephen has sold in excess of 800 properties and exclusively handles over 100 listings annually. Stephen is widely recognized as the #1 top performer in Queens and Brooklyn and a leading broker in the NYC capital markets. He is a major contributor to multiple major publications including Commercial Observer and The Real Deal, among several other regional and national publications. In addition, he is a regular speaker/panelist on several prestigious panels including Commercial Observer Brooklyn Queens Forum and BISNOW. Stephen is an executive board member of the Queens Chamber of Commerce, and a major contributor to the Queens Community House and several other not-for- profit organizations including the Long Island City Partnership, Greater Flushing Chamber of Commerce, Chinese Business Association, and the Chinese American Planning Council.
Kevin Schmitz, Vice President
Prior to joining RIPCO, Kevin worked as a Director of Capital Markets and Investment Sales at Cushman & Wakefield. While at Cushman & Wakefield, he succeeded in over $600 million in real estate transactions in the capital markets and has performed over 700 broker opinion of values.
Kevin studied at the University of Delaware where he earned his Bachelor of Science degrees in Economics & Finance and a minor in International Business, studying in Australia & New Zealand for one semester. Kevin lives in Brooklyn and enjoys attending concerts, traveling, running and the outdoors in his free time.
Kevin Louie, Vice President
Kevin Louie has over 19 years of real estate experience in varies roles with eight years of experience in Investment Sales. Before joining RIPCO, Kevin worked as a Director of Capital Markets and Investment Sales at Cushman & Wakefield. Over the span of his career, he has succeeded in over $1.2 billion in real estate transactions in the capital markets and has performed over 900 broker opinions of values. Additionally, Kevin’s real estate experience includes bank transactions, title insurance, property management and acquisition.
Kevin is a member of Real Estate Board of NY (REBNY), Asian Real Estate Association of America (AREAA), Queens Chamber of Commerce where he serves as the Co-Chair of the Real Estate Committee and serves as Vice President for the Greater Flushing Chamber of Commerce. Kevin enjoys all types of outdoor activities including golfing, snowboarding, hiking, running marathons and obstacle course races.
Andreas Efthymiou, Vice President
Thomas Tyne, Director, Investment Sales
Prior to joining RIPCO, Thomas worked as the Associate Director of Investment Sales & Leasing at Bridge Property Advisors.
Thomas studied at the St. Francis College where he earned his Bachelor of Arts degrees in Communications with a concentration on marketing and advertising, studying in Australia for one semester.
Thomas lives in Queens and enjoys surfing, traveling, and tennis in his free time.
CONTACTS
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Stephen Preuss -
Kevin Schmitz -
Kevin Louie -
Andreas Efthymiou -
Thomas Tyne -
Ripco Real Estate
Presented by
900 Merchants Concourse
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