10 Executive Blvd
Farmingdale, NY 11735
Struthers · Industriel Propriété À vendre

Positioned in the heart of the North Farmingdale Industrial Park, 10 Executive Boulevard presents a rare opportunity to acquire a fully leased, single-tenant R&D facility with long-term income stability. The ±22,000 SF building sits on a 1.5-acre parcel straddling the Suffolk/Nassau county line, offering strategic access to Long Island’s major commercial corridors and workforce hubs.
The property is leased to Enzo Life Sciences under a 7–10 year net lease with annual escalations and a five-year renewal option at fair market value. With a net annual rental income of $374,000 and maintenance responsibilities handled by the tenant, this asset offers a low-touch investment profile. The building benefits from an IDA tax inducement, enhancing its financial appeal.
Recent capital improvements include a new roof installed in 2024 and a building-wide generator. The facility features 16’ clear heights, one loading dock, one drive-in bay, and robust infrastructure including 1,600 AMPS of power and gas heating. Specialized buildouts include one walk-in freezer and five walk-in refrigerators, making it ideal for life sciences or temperature-sensitive operations.
Located minutes from Route 110, the Long Island Expressway (I-495), and Southern State Parkway, the site offers excellent regional connectivity. The surrounding area includes a mix of industrial, office, and retail uses, with proximity to Melville, Plainview, and Farmingdale’s vibrant commercial districts.