Single-Tenant Industrial
384 Moffitt Blvd Islip, NY 11751
384 Moffitt Blvd, Islip, NY, 11751
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For Sale
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Single-tenant industrial building on a fenced lot with drive-in doors, office improvements, and 14-foot ceilings.
Property Size4,880 SF
Lot Size0.20 Acres
Price / SF$321.52
Days on Market103
Property Features for 384 Moffitt Blvd
General Information
- Standard status
- Active
- Size
- 4,880 SF
- Lot size
- 0.20 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1955
Listing agency
Douglas Elliman Commercial Division
(631) 858-2405
Listed by
Michael Murphy · License #NY 10491211076
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 1:34PM Checked: Jul 22 at 1:34PM
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 Douglas Elliman Commercial Division
Investment Insights
Based on property information with market context.
384 Moffitt Boulevard is a single-tenant industrial and manufacturing facility built in 1955 and newly renovated for turnkey use. The site includes a 4,880-square-foot industrial building on a 0.2-acre fenced lot, with two 10' x 16' drive-in doors, a large motorized front-loading door, and an additional rear garage door for circulation and operational efficiency. Interior ceiling heights are 14 feet, with ample open workspace plus a well-appointed office area featuring a private office, bullpen, kitchen, bathroom with shower, and a secure storage room. A large rear yard and ample on-site parking support storage and day-to-day needs.
The property is zoned IND1 and is located directly adjacent to the Islip LIRR station and just south of Sunrise Highway, with access to Montauk Highway and the Southern State Parkway.
The facility is fully serviced with gas heat, central air conditioning, three-phase electric, and county water and sewer. Recent updates include a newly updated roof, upgraded HVAC systems, and fresh interior and exterior paint.
The property is zoned IND1 and is located directly adjacent to the Islip LIRR station and just south of Sunrise Highway, with access to Montauk Highway and the Southern State Parkway.
The facility is fully serviced with gas heat, central air conditioning, three-phase electric, and county water and sewer. Recent updates include a newly updated roof, upgraded HVAC systems, and fresh interior and exterior paint.
Key Highlights
- 4,880 SF single‑tenant industrial building built in 1955 on a 0.2‑acre fenced lot
- IND1 zoning with two 10' x 16' drive‑in doors plus a large motorized front‑loading door and rear garage door
- 14‑foot ceiling heights with an office area including a private office, bullpen, kitchen, bathroom with shower, and secure storage
Local 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 | $79.6k | $16.32 |
| − Vacancy | −$4.9k | −$1.00 |
| EGI | $74.8k | $15.32 |
| − OpEx | −$11.2k | −$2.30 |
| NOI | $63.6k | $13.03 |
4,880 SF · lease $16.32/SF/yr · vacancy 6.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$908.1K
$794.6K – $1.06M
NOI $63,566 @ 7.0% cap · market cap 4.05%
Second Best
Industrial
$747.8K
$654.4K – $872.5K
NOI $52,348 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,438 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Manufacturing property - Single-tenant industrial building on a fenced lot with drive-in doors, office improvements, and 14-foot ceilings.
Where is this manufacturing property located?
The property is located at 384 Moffitt Blvd Islip, NY.
What is the asking price?
The asking price for this property is $1,569,000.
What are key features of this property?
This property features: 4,880 SF single‑tenant industrial building built in 1955 on a 0.2‑acre fenced lot; IND1 zoning with two 10' x 16' drive‑in doors plus a large motorized front‑loading door and rear garage door; 14‑foot ceiling heights with an office area including a private office, bullpen, kitchen, bathroom with shower, and secure storage
