Warehouse Property with Truck
3120 Route 112 Medford, NY 11763
3120 Route 112, Medford, NY, 11763
$6,500,000
For Sale
$6,500,000
COMMERCIAL - Medford, NY
Property Size19,500 SF
Lot Size1.65 Acres
Price / SF$333.33
Days on Market102
Property Features for 3120 Route 112
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- L-I
- Standard status
- Active
- APN
- 0200-631-00-01-00-019-000
- Lot size
- 1.65 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 68956
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Electric (Heating), Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1962
- Number of units
- 4
- Building materials
- Block
Listing Agency
Vision Homes Real Estate LLC
(718) 480-1231
650 S Broadway, s.Richmond hill, NY
Listed by
Avnish Kumar · License #10491209469
(917) 957-9969
Added: Apr 8 Checked: Jul 18 at 6:06 am
MLS# 982438
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes three adjacent properties sold together. One lot contains a 19,500-square-foot warehouse on 1.65 acres. The second lot includes a storefront with a small warehouse at the rear. The third component is a two-family house situated on 2.35 acres.
The combined site totals 4 acres and is improved to support on-site operations, with truck parking provided at the back of the properties. The property is zoned L-I.
The combined configuration allows for a mix of warehouse, storefront, and residential income components across the three parcels, with shared practical access for service and staging given the rear truck parking layout.
The combined site totals 4 acres and is improved to support on-site operations, with truck parking provided at the back of the properties. The property is zoned L-I.
The combined configuration allows for a mix of warehouse, storefront, and residential income components across the three parcels, with shared practical access for service and staging given the rear truck parking layout.
Key Highlights
- Price covers 3 adjacent properties totaling 4 acres (1.65‑acre lot with 19,500 SF warehouse plus two additional parcels).
- 19,500 SF warehouse on a 1.65‑acre lot included in the combined offering.
- Second parcel includes a storefront plus a small warehouse at the rear.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $585.0k | $30.00 |
| − Vacancy | −$40.4k | −$2.07 |
| EGI | $544.6k | $27.93 |
| − OpEx | −$163.4k | −$8.38 |
| NOI | $381.2k | $19.55 |
19,500 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.45M
$4.77M – $6.35M
NOI $381,245 @ 7.0% cap · market cap 5.87%
Second Best
Multifamily LT 5
$5.38M
$4.71M – $6.28M
NOI $376,549 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$5.94M
$5.20M – $6.93M
NOI $415,842 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Cut Rate Towing & Roadside @ Medford Auto — 244 Middle Island Rd, Medford, NY 11763
FAQs
What type of property is this?
Warehouse - Warehouse plus additional adjacent retail and residential units, with truck parking located at the rear.
Where is this warehouse located?
The property is located at 3120 Route 112 Medford, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Price covers 3 adjacent properties totaling 4 acres (1.65‑acre lot with 19,500 SF warehouse plus two additional parcels).; 19,500 SF warehouse on a 1.65‑acre lot included in the combined offering.; Second parcel includes a storefront plus a small warehouse at the rear.
