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Warehouse with L1 Zoning
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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
Listed By: Jeremy D. Hackett · License #49HA1101097
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.

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 (±1% cap)
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 (±1% cap)
NOI $255,370 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

East End Group ... Construction Company

Suggested Use

Top Pick Dental Office Parking Lot & Garage Pharmacy Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby
Well-served
Demand for This Use

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

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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
(516) 456-0108 Call to check price and availability
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