FOCUS:
Jericho | Syosset | Woodbury, NY
2017-11-06T11:38:43+00:00

Project Description

Jericho | Syosset | Woodbury, NY

Jericho, Syosset & Woodbury, NY

Neighborhood Vibes

Located in the Town of Oyster Bay, the Hamlets of Jericho, Syosset and Woodbury are vibrant and growing Long Island communities.  The hamlets today have a reputation as well to do Nassau county towns built on excellent public school systems with diverse, highly educated and affluent populations.

The towns have become home to many businesses such as Aer Lingus, Morgan Stanley and Nathans Famous with a good inventory of commercial properties in the market and easy access to transportation options.  These hamlets continue to grow, attracting many affluent residents who want an excellent Nassau county suburb with great schools and access to many amenities and luxury housing options.

Cantiague park nearby and an array of Country Clubs and Golf Clubs lend residents great leisure options.  Shopping and entertainment abounds with the NYCB Theater getting big acts coming through all year and new supermarkets like Wholefoods establishing a presence.  Historical landmarks like the Millridge Inn Restaurant and Shops (est.1672) still do well, keeping the local history intact.

Many hotels and restaurants in the area make these towns great places to do business, as well as an array of commercial space options in the area such as the Jericho Quadrangle, a large office development.  New developments are on the way, with the proposal of Syosset Park awaiting approval.  The park would be a huge development that would include residences, office space and leisure options for its residents.

Market Data

OFFICE RENT RANGE

$24 – $33 PSF

VACANCY RATE

9.1%

RBA

15,132,000 SF

INDUSTRIAL RENT RATE

$9 – $15 PSF

VACANCY RATE

2.3%

RBA

5,744,000 SF

MEDIAN HOUSEHOLD INCOME

$152,477

POPULATION

Jericho: 13,045   Syosset & Woodbury: 18,907

Availabilities

TYPEOFFERED FORSIZEPRICEID#
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OfficeLease3812 SF$31/SF121
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OfficeLease10,860 SFwithheld122
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OfficeLease4,450-13,050 SF$26.50/SF123
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Office/FlexLease18,033 SFwithheld124
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IndustrialLease7,580 SF$14/MG125
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IndustrialLease9,400 SF warehouse/2,000 SF Officewithheld126
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OfficeLease8,500-37,000 SF $36/SF127
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OfficeLease2,000-8,200 SF $17/SF128
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OfficeLease2,000-8,000 SF $25/SF129
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OfficeSublease25,000-50,000 SF negotiable expires April 2021130
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IndustrialFor Sale31,000 SF withheld131
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Industrial/FlexFor Sale40,000 SF $5,800,000132
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OfficeFor Sale20,000 SF $3,800,000133

Availabilities

Type: Office
Offered For: Lease
Size: 3,812 SF
Price: $31 /SF
ID #: 121

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Type: Office
Offered For: Lease
Size: 10,860 SF
Price: withheld
ID #: 122

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Type: Office
Offered For: Lease
Size: 4,450-13,050 SF
Price: $26.50/SF
ID #: 123

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Type:
Office/Flex
Offered For: Lease
Size: 18,033 SF
Price: Withheld
ID #: 124

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Type: Industrial
Offered For: Lease
Size: 7,580 SF
Price: $14/MG
ID #: 125

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Type: Industrial
Offered For: Lease
Size: 9,400 SF warehouse/2,000 SF Office
Price: withheld
ID #: 126

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Type: Office
Offered For: Lease
Size: 8,500-37,000 SF
Price: $36
ID #: 127

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Type: Office
Offered For: Lease
Size: 2,000-8,200 SF
Price: $17/SF
ID #: 128

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Type: Office
Offered For: Lease
Size: 2,000-8,000 SF
Price: $25/SF
ID #: 129

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Type: Office
Offered For: Sub Lease
Size: 25,000-50,000 SF
Price: negotiable-expires April 2021
ID #: 130

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Type: Industrial
Offered For: For Sale
Size: 31,000 SF
Price: withheld
ID #: 131

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Type: Industrial/Flex
Offered For: For Sale
Size: 40,000 SF
Price: 5,800,000
ID #: 132

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Type: Office
Offered For: For Sale
Size: 40,000 SF
Price: 3,800,000
ID #: 133

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Transportation

The towns of Jericho, Syosset and Woodbury are easily accessed by car with their proximity to the LIE, Northern State Parkway, and Wantagh Parkways among other major routes.  Other major thoroughfares and corridors include Jericho Turnpike, Cedar Swamp Rd., and N. Broadway (Route 106).  LIRR stations are located close by in neighboring Hicksville and Syosset.  Access to the NICE bus system can be found throughout the towns as well, with the N78 and N79 lines.

Public Transit

NICE n78, n79

LIRR stops in Hicksville & Syosset

Attractions and Notable Landmarks

NYCB Theatre (Nassau Coliseum),  Millridge Inn, Cantiague Park, Stillwell Woods Park, Meadowbrook Golf Club, Crest Hollow Country Club, Oheka Castle, Fox Hollow Catering Hall

Related Neighborhoods

Hicksville, Westbury

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