Industrial Flex Space with
For Sale
Contact for pricing
152 Railroad Street, Huntington Station, NY 11746
Office, storage, and vehicle-oriented areas support varied industrial operations.
Property Size15,000 SF
Price / SF$166.60
Days on Market54
Property Features for 152 Railroad Street
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Industrial
Zoning
Light Industrial District
Lease Type
Net
Investment Type
Value Add
Net Operating Income
$138,226
Building Details
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Deepak Hemrajani Inc.
Listed By:
Deepak Hemrajani · License #NY 10311210851
Source:
Crexi
Added: Aug 26
Changed: Oct 10
Last Checked: Oct 16 at 6:42AM
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 Deepak Hemrajani Inc.
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Investment Insights
Based on property information with market context.
This industrial flex property brings together office areas, storage space, garage facilities, and on-site parking in one commercial setting. The layout accommodates vehicles, equipment, inventory, and routine business operations, offering practical functionality for contractors, tradesmen, service businesses, distributors, warehouse users, and automotive-related operations. Light Industrial District zoning is identified for the property.
The property is located at 152 Railroad Street in Huntington Station, New York 11746. Its combination of enclosed work areas, storage, garage space, and parking provides a dedicated setting for an owner-user, investor, or business seeking an industrial-use property.
The property is located at 152 Railroad Street in Huntington Station, New York 11746. Its combination of enclosed work areas, storage, garage space, and parking provides a dedicated setting for an owner-user, investor, or business seeking an industrial-use property.
Key Highlights
- Light Industrial District zoning
- Office, storage, and garage areas in one property
- On‑site parking for vehicles and business operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$229,867
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,597,340
$4.6M
Cap Rate 7%
$3,283,814
$3.3M
Cap Rate 9%
$2,554,078
$2.6M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$288.0K $19.20/SF
− Vacancy
−$17.6K −$1.17/SF
EGI
$270.4K $18.03/SF
− OpEx
−$40.6K −$2.70/SF
NOI
$229.9K $15.32/SF
Area
Suffolk County, NY
Vacancy
6.10%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,597,340
Cap Rate 7%
$3,283,814
Cap Rate 9%
$2,554,078
Alternative Uses
Best Use
Warehouse
$3.28M
$2.87M – $3.83M
NOI $229,867 @ 7.0% cap · market cap 9.20%
Second Best
Industrial
$3.04M
$2.66M – $3.55M
NOI $212,965 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$4.57M
$4.00M – $5.33M
NOI $319,879 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11746, NY
69,040
Population
22,528
Households
3.1
Avg Household Size
40
Median Age
50%
College-Educated
90%
High-School Grad
24.1 sq mi
ZIP Area
2,865
Density / Sq Mi
$158,309
Median Household Income
$66,581
Median Earnings
$1,907
Median Rent
$664,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Office, storage, and vehicle-oriented areas support varied industrial operations.
Where is this flex space located?
The property is located at 152 Railroad Street Huntington Station, NY.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Light Industrial District zoning; Office, storage, and garage areas in one property; On‑site parking for vehicles and business operations
