Warehouse with L1
For Sale
Contact for pricing
31 Old Dock Rd, Yaphank, NY 11980
Warehouse building on an oversized parcel with L1 zoning and approximately 32 on-site parking spaces.
Property Size11,975 SF
Price / SF$292.28
Days on Market11
Property Features for 31 Old Dock Rd
General Information
Standard status
Active
Size
11,975 SF
Total Parking Spaces
32
Property subtype
INDUSTRIAL
Zoning
L1
Additional Details
Highway Access
Yes
Building Details
Year Built
1999
Listing Agency:
Metro Realty Services LLC
(516) 456-0108
Listed By:
Jeremy D. Hackett · License #49HA1101097
(516) 456-0108
Source:
Moodyscre
Added: Jul 24
Changed: Jul 31
Last Checked: Aug 2 at 9:43AM
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 on an oversized parcel in the Town of Brookhaven, zoned L1. The property includes approximately 11,975 square feet and was built in 1999, with roughly 32 car parking spaces available on site.
Convenient highway access is a key feature, with the property about 1.2 miles off the LIE and approximately 2.6 miles off Sunrise Highway. The site is identified as Section 777 – Block 05 – Lot 1.009.
Additional structure details are limited to the information provided, but the combination of L1 zoning, on-site parking, and access by major roadways supports a range of industrial and light warehouse uses.
Convenient highway access is a key feature, with the property about 1.2 miles off the LIE and approximately 2.6 miles off Sunrise Highway. The site is identified as Section 777 – Block 05 – Lot 1.009.
Additional structure details are limited to the information provided, but the combination of L1 zoning, on-site parking, and access by major roadways supports a range of industrial and light warehouse uses.
Key Highlights
- Zoned L1 in the Town of Brookhaven
- Built in 1999
- Approximately 11,975 square feet warehouse building
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 | $229.9k | $19.20 |
| − Vacancy | −$14.0k | −$1.17 |
| EGI | $215.9k | $18.03 |
| − OpEx | −$32.4k | −$2.70 |
| NOI | $183.5k | $15.32 |
11,975 SF · lease $19.20/SF/yr · vacancy 6.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.62M
$2.29M – $3.06M
NOI $183,511 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.65M
$3.19M – $4.26M
NOI $255,370 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11980, NY
4,931
Population
2,467
Households
2
Avg Household Size
44
Median Age
39%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
411
Density / Sq Mi
$106,857
Median Household Income
$61,484
Median Earnings
$2,814
Median Rent
$409,500
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
- American Interfile — 84-D, Horseblock Road, Yaphank, NY 11980
- Devon Self Storage — 84 Long Island Ave, Yaphank, NY 11980
- Certified Transportation Group — 445 Sills Rd M, Yaphank, NY 11980
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse building on an oversized parcel with L1 zoning and approximately 32 on-site parking spaces.
Where is this warehouse located?
The property is located at 31 Old Dock Rd Yaphank, NY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Zoned L1 in the Town of Brookhaven; Built in 1999; Approximately 11,975 square feet warehouse building