Industrial Warehouse with
For Sale
$5,200,000
161 Remington Blvd, Ronkonkoma, NY 11779
Vacant industrial warehouse offered for sale featuring 16-foot clear heights, two drive-in doors, and one loading dock.
Property Size20,000 SF
Lot Size1.38 Acres
Price / SF$260
Days on Market121
Property Features for 161 Remington Blvd
General Information
Standard status
Active
Size
20,000 SF
Lot size
1.38 Acres
Property subtype
Warehouse
Warehouse & Industrial
Clear Height
16 ft
Dock-High Doors
1
Drive-In Doors
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1989
Listing Agency:
New York City Office
(212) 430-5196
Listed By:
Michael Tuccillo · License #NY: 10301217094, NY: 10491208938
(212) 430-5196
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 21
Last Checked: Aug 1 at 2:16AM
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 New York City Office
Investment Insights
Based on property information with market context.
For sale: an approximately 20,000-square-foot industrial warehouse on a 1.38-acre parcel, delivered vacant at closing. The building is configured with 16-foot clear heights and includes 800-amp power to support a range of industrial and distribution activities. Loading accommodations consist of two drive-in doors and one loading dock.
The property is located in Ronkonkoma, just minutes from the Long Island Expressway (I-495), with access to eastern Suffolk County, Nassau County, and New York City’s five boroughs. Additional nearby transportation infrastructure includes MacArthur Airport, the Ronkonkoma LIRR hub, and major north–south arterials such as Veterans Memorial Highway and Nicolls Road.
The combination of functional clear height, power, and loading configuration is intended to serve industrial, distribution, fabrication, and service-oriented uses.
The property is located in Ronkonkoma, just minutes from the Long Island Expressway (I-495), with access to eastern Suffolk County, Nassau County, and New York City’s five boroughs. Additional nearby transportation infrastructure includes MacArthur Airport, the Ronkonkoma LIRR hub, and major north–south arterials such as Veterans Memorial Highway and Nicolls Road.
The combination of functional clear height, power, and loading configuration is intended to serve industrial, distribution, fabrication, and service-oriented uses.
Key Highlights
- Vacant industrial warehouse offered for sale; delivered vacant at closing
- Built in 1989 on a 1.38‑acre parcel with approximately +/-20,000 SF of industrial space
- 16‑foot clear heights for versatile warehouse and light industrial use
Financial Insights For Warehouse
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 | $384.0k | $19.20 |
| − Vacancy | −$23.4k | −$1.17 |
| EGI | $360.6k | $18.03 |
| − OpEx | −$54.1k | −$2.70 |
| NOI | $306.5k | $15.32 |
20,000 SF · lease $19.20/SF/yr · vacancy 6.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.38M
$3.83M – $5.11M
NOI $306,490 @ 7.0% cap · market cap 5.89%
Second Best
Industrial
$4.06M
$3.55M – $4.73M
NOI $283,954 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$6.09M
$5.33M – $7.11M
NOI $426,505 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
1
Dock-high doors
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,280
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 11779, NY
38,250
Population
14,145
Households
2.7
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
12.5 sq mi
ZIP Area
3,060
Density / Sq Mi
$117,684
Median Household Income
$54,121
Median Earnings
$2,103
Median Rent
$465,400
Median Home Value
Market
Properties on Market for Warehouses in Suffolk County
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Polar Crossing Cold Storage — 3300 Veterans Memorial Hwy, Bohemia, NY 11716
- StorQuest Self Storage — 2021 Lakeland Ave, Ronkonkoma, NY 11779
- Castle Rock Storage — 2060 9th ave, ronkonkoma, ny 11779
- Excellence Packing Inc — 710 Koehler Ave, Ronkonkoma, NY 11779
- Amadeus Piano Co - Piano Repair, Tuning, Moving, Storage and Rental Company — 136 Remington Blvd, Ronkonkoma, NY 11779
Frequently Asked Questions
What type of property is this?
Warehouse - Vacant industrial warehouse offered for sale featuring 16-foot clear heights, two drive-in doors, and one loading dock.
Where is this warehouse located?
The property is located at 161 Remington Blvd Ronkonkoma, NY.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Vacant industrial warehouse offered for sale; delivered vacant at closing; Built in 1989 on a 1.38‑acre parcel with approximately +/-20,000 SF of industrial space; 16‑foot clear heights for versatile warehouse and light industrial use
