Industrial Warehouse with
161 Remington Blvd Ronkonkoma, NY 11779
161 Remington Blvd, Ronkonkoma, NY, 11779
$5,200,000
For Sale
$5,200,000
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 Market111
Property Features for 161 Remington Blvd
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Lot size
- 1.38 Acres
- Property subtype
- Warehouse
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 Updated: Jul 21 at 6:22PM Checked: Jul 21 at 6:22PM
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
Local 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
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FAQs
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
