Warehouse Building with Freight
New
For Sale
Contact for pricing
22-42 Sprague Ave, Amityville, NY 11701
Warehouse with freight elevator, sprinklers, and a loading dock leveler, with visibility from Route 110.
Property Size48,355 SF
Price / SF$248.16
Days on Market7
Property Features for 22-42 Sprague Ave
General Information
Standard status
Active
Size
48,355 SF
Property subtype
INDUSTRIAL
Listing Agency:
Metro Realty Services LLC
(631) 770-0700
Listed By:
Anthony Garistina
Source:
Moodyscre
Added: Jul 24
Changed: Jul 30
Last Checked: Jul 30 at 3:05PM
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
Investment Insights
Based on property information with market context.
Warehouse building at 22-42 Sprague Ave, Amityville, NY 11701 offering approximately 48,355 SF. The space includes a freight elevator, sprinklers, and a leveler on the loading dock to support efficient loading and material handling.
The property is visible from Route 110. An additional 7,000 SF lot can be made available for parking or storage, depending on operational needs.
The seller will consider leasing the entire building, providing a straightforward option for tenants seeking a single-tenant warehouse configuration rather than multiple smaller spaces.
The property is visible from Route 110. An additional 7,000 SF lot can be made available for parking or storage, depending on operational needs.
The seller will consider leasing the entire building, providing a straightforward option for tenants seeking a single-tenant warehouse configuration rather than multiple smaller spaces.
Key Highlights
- Approximately 48,355 SF warehouse building with freight elevator
- Sprinklers and a leveler on the loading dock
- Visible from Route 110
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 | $928.4k | $19.20 |
| − Vacancy | −$56.6k | −$1.17 |
| EGI | $871.8k | $18.03 |
| − OpEx | −$130.8k | −$2.70 |
| NOI | $741.0k | $15.32 |
48,355 SF · lease $19.20/SF/yr · vacancy 6.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$10.59M
$9.26M – $12.35M
NOI $741,015 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.73M
$12.89M – $17.19M
NOI $1,031,182 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,305
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 11701, NY
27,831
Population
9,544
Households
2.9
Avg Household Size
41
Median Age
31%
College-Educated
87%
High-School Grad
4.6 sq mi
ZIP Area
6,050
Density / Sq Mi
$110,639
Median Household Income
$48,080
Median Earnings
$2,307
Median Rent
$489,000
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
- Safeguard Self Storage — 6000 Sunrise Hwy, Massapequa, NY 11758
- Omega Self Storage — 491 Broadway, Amityville, NY 11701
- Alta Storage Facility — 20 Carmans Rd, Massapequa, NY 11758
- Lauren Storage Units — 238 Broadway, Amityville, NY 11701
- Extra Space Storage — 24 Sterling Pl, Amityville, NY 11701
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with freight elevator, sprinklers, and a loading dock leveler, with visibility from Route 110.
Where is this warehouse located?
The property is located at 22-42 Sprague Ave Amityville, NY.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Approximately 48,355 SF warehouse building with freight elevator; Sprinklers and a leveler on the loading dock; Visible from Route 110
