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    Pharmaceutical Manufacturing Facility For Sale Title is generated by Realmo AI

    320 Oser Ave, Hauppauge, NY

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    20,114 SF Hauppauge facility ideal for pharmaceutical manufacturing.

    Type:OFFICE
    Property size:
    20,114 SF
    Lot size:
    1.60 Acres
    Price / SF:
    $275/SF
    Added:
    May 5, 2025
    Days on Market:
    404
    Last Refresh:
    May 20 at 9:28 pm

    Property Features for 320 Oser Ave

    General Information

    Standard status
    Active
    Size
    20,114 SF
    Lot size
    1.60 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Jason Maietta
    Jason Maietta

    Listing agent Jason Maietta

    Listing office Colliers | Long Island

    Listing date May 5, 2025

    Source Moodyscre

    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 Colliers | Long Island

    HighLights

    • Ideal for pharmaceutical manufacturing/R&D or light industrial uses.
    • Located in the prestigious Hauppauge Industrial Park.
    • Oversized parcel with ample parking and expansion potential.
    • Excellent access to major roadways and a strong labor pool.
    • Potential for rental income to offset operating expenses.
    • Air compressor with compressed airlines throughout and reinforced concrete floors.

    Overview

    This 20,114 square foot facility is currently outfitted for pharmaceutical manufacturing and production, making it ideal for continued pharmaceutical use, as well as other research and development and light industrial manufacturing applications. The property offers a prominent corporate image and is located in the Hauppauge Industrial Park, within the Town of Smithtown. It provides excellent access to major roadways, a strong labor pool, and a well-established business environment. Additional infrastructure includes an air compressor with compressed airlines throughout and 8-inch thick concrete floors reinforced with rebar. Situated on an oversized parcel, the property offers ample parking and potential for future building expansion. The building naturally divides, offering potential user and investor options, with the possibility of rental income to offset operating expenses.

    Local Financial Insights For Industrial

    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 $434.5k $21.60
    − Vacancy −$26.5k −$1.32
    EGI $408.0k $20.28
    − OpEx −$122.4k −$6.08
    NOI $285.6k $14.20
    20,114 SF · lease $21.60/SF/yr · vacancy 6.10% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $4.08M
    $3.57M – $4.76M (±1% cap)
    NOI $285,572 @ 7.0% cap · market cap 5.16%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $6.13M
    $5.36M – $7.15M (±1% cap)
    NOI $428,936 @ 7.0% cap · market cap 7.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aum Pharmaceuticals Industrial Manufacturer Idle Hour Bakery ... Bakery NicQuitin Physician SLV Life Sciences Corporate Office Shop Drug Depot Pharmacy

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hauppauge
    County
    Suffolk
    State
    New York
    Longitude
    -73.2619
    Latitude
    40.8172

    FAQs

    What type of property is this?
    Manufacturing property - 20,114 SF Hauppauge facility ideal for pharmaceutical manufacturing.
    Where is this manufacturing property located?
    The property is located at 320 Oser Ave Hauppauge, NY.
    What is the asking price?
    The asking price for this property is $5,531,350.
    What are key features of this property?
    This property features: Ideal for pharmaceutical manufacturing/R&D or light industrial uses.; Located in the prestigious Hauppauge Industrial Park.; Oversized parcel with ample parking and expansion potential.
    (516) 328-6500 Call to check price and availability
    More about this property
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