Amityville Warehouse with Office
185 Dixon Ave Amityville, NY 11701
185 Dixon Ave, Amityville, NY, 11701
Contact for pricing
For Sale
Contact for pricing
62,675 SF warehouse on 2.09 acres with office space.
Property Size62,675 SF
Lot Size2.09 Acres
Price / SF$215.40
Days on Market739
Property Features for 185 Dixon Ave
General Information
- Standard status
- Active
- Size
- 62,675 SF
- Lot size
- 2.09 Acres
- Property subtype
- Industrial
Listing Agency
Industry One Realty Corporation
Listed by
Mario Asaro · License #NY
Source
Crexi
Added: Jul 10, 2024 Checked: Jul 15 at 1:17 pm
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 Industry One Realty Corporation
Investment Insights
Based on property information with market context.
This commercial property features a 62,675 square foot building situated on 2.09 acres. The second floor includes 9,530 square feet of office space. The building can be divided, offering 59,075 square feet with 10% office space. An additional 3,600 square feet of office space can be leased separately or combined with the warehouse. Ceiling heights vary, with 10,000 square feet reaching 35 feet and the remainder between 15 and 18 feet. The property includes 3 loading docks and 1 drive-in door. It is connected to sewers and has an extensive electrical system with 1200 amps plus 800 amps, bus bar power, and compressed air distribution. The building is fully sprinklered with pull stations throughout and features high-efficiency Cambridge gas-fired heating. Additional features include new facade finishing.
Key Highlights
- 62,675sf total space on 2.09 acres
- High‑Efficiency Cambridge Gas Fired Heating
- Extensive electrical Bus Bar Power & Compressed Air Distribution
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 | $1.75M | $27.96 |
| − Vacancy | −$315.4k | −$5.03 |
| EGI | $1.44M | $22.93 |
| − OpEx | −$359.2k | −$5.73 |
| NOI | $1.08M | $17.20 |
62,675 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$15.40M
$13.47M – $17.96M
NOI $1,077,722 @ 7.0% cap · market cap 7.98%
Second Best
Warehouse
$13.72M
$12.01M – $16.01M
NOI $960,462 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$19.09M
$16.71M – $22.28M
NOI $1,336,560 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Madjek Inc
General Contractor
MG Concepts
Industrial Manufacturer
Cabinet Makers
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Omega Self Storage — 491 Broadway, Amityville, NY 11701
- Lauren Storage Units — 238 Broadway, Amityville, NY 11701
- Extra Space Storage — 24 Sterling Pl, Amityville, NY 11701
FAQs
What type of property is this?
Warehouse - 62,675 SF warehouse on 2.09 acres with office space.
Where is this warehouse located?
The property is located at 185 Dixon Ave Amityville, NY.
What is the asking price?
The asking price for this property is $13,500,000.
What are key features of this property?
This property features: 62,675sf total space on 2.09 acres; High‑Efficiency Cambridge Gas Fired Heating; Extensive electrical Bus Bar Power & Compressed Air Distribution
