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    Ronkonkoma Flex Space For Sale Title is generated by Realmo AI

    710 Union Pkwy, Ronkonkoma, NY

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    Flex space suitable for R&D or lab use.

    Type:INDUSTRIAL
    Property size:
    4,600 SF
    Lot size:
    13.01 Acres
    Price / SF:
    $239/SF
    Added:
    Apr 2, 2025
    Days on Market:
    440
    Last Refresh:
    May 20 at 9:40 pm

    Property Features for 710 Union Pkwy

    General Information

    Standard status
    Active
    Size
    4,600 SF
    Lot size
    13.01 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Jeremy D. Hackett
    Jeremy D. Hackett

    Listing agent Jeremy D. Hackett License #49HA1101097

    Listing office Metro Realty Services LLC

    Listing date Apr 2, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Metro Realty Services LLC

    HighLights

    • Ideal for R&D / Lab
    • CO’d for 57% office
    • New LED Lighting / HVAC
    • Full A/C
    • 3 Bathrooms
    • Just off LIE Exit 59

    Overview

    This 4,600 square foot flex space property in Ronkonkoma, New York, is suitable for R&D or lab use. The property is located just off the Long Island Expressway at Exit 59. It is configured for 57% office use and features full air conditioning, new LED lighting, and new HVAC. The property also includes three bathrooms.

    Local Financial Insights For Office B

    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 $128.6k $27.96
    − Vacancy −$23.2k −$5.03
    EGI $105.5k $22.93
    − OpEx −$26.4k −$5.73
    NOI $79.1k $17.20
    4,600 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.13M
    $988.7K – $1.32M (±1% cap)
    NOI $79,099 @ 7.0% cap · market cap 7.19%
    Second Best
    Industrial
    $933.0K
    $816.4K – $1.09M (±1% cap)
    NOI $65,309 @ 7.0% cap · market cap 5.94%
    Theoretical Best
    Office A
    $1.40M
    $1.23M – $1.63M (±1% cap)
    NOI $98,096 @ 7.0% cap · market cap 8.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Mast Distributors Inc Electronics & Wireless Store Life Art Photographers Wedding Service Overview Technology Solutions ... Tech Support Center Absolute Entertainment Nightclub Park Ave Studio Wedding Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Pond Deli — 2140 Pond Rd, Ronkonkoma, NY 11779
    • Thrifty Deli — 1735 Julia Goldbach Ave, Ronkonkoma, NY 11779
    • Señor Taco Catering Services (office) — 1560 Lakeland Ave, Bohemia, NY 11716
    • Florian Food Service Inc — 50 Feldland St # 1, Bohemia, NY 11716

    Location Insight

    • Map
    • Local Demand
    City
    Ronkonkoma
    County
    Suffolk
    State
    New York
    Longitude
    -73.1211
    Latitude
    40.7921

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    FAQs

    What type of property is this?
    Flex space - Flex space suitable for R&D or lab use.
    Where is this flex space located?
    The property is located at 710 Union Pkwy Ronkonkoma, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Ideal for R&D / Lab; CO’d for 57% office; New LED Lighting / HVAC
    (516) 456-0108 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jeremy D. Hackett
    Jeremy D. Hackett
    Real Estate License ID: 49HA1101097
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