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    Renovated Mixed-Use Property Near LIRR Title is generated by Realmo AI

    390 Moffitt Blvd, Islip, NY 11751

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    Mixed-use property renovated in 2025, near Islip LIRR station.

    Type:Industrial, Office, Retail
    Property size:
    6,900 SF
    Price / SF:
    $257/SF
    Added:
    Nov 6, 2024
    Days on Market:
    607
    Last Refresh:
    Jul 5 at 6:26 am

    Property Features for 390 Moffitt Blvd

    General Information

    Standard status
    Active
    Size
    6,900 SF
    Property subtype
    Industrial, Office, Retail

    Building Details

    Year Built
    1975

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    Gary Pezza
    Gary Pezza

    Listing office DGNY Commercial

    Listing date Nov 6, 2024

    Source Crexi

    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 DGNY Commercial

    HighLights

    • Renovated in 2025 - New HVAC, Lighting, Insulation, Siding & 4 Bathrooms
    • Adjacent to Islip LIRR Station
    • Fenced in Yard with 2 Access Points
    • Private/Dedicated Parking
    • Full Security System & Cameras
    • Seller may consider sale‑leaseback with partial occupancy

    Overview

    This mixed-use property, renovated in 2025, features new HVAC, lighting, insulation, siding, and four bathrooms. The property includes a fenced-in yard with two access points, as well as private and dedicated parking. A full security system with cameras is in place. The property is adjacent to the Islip LIRR Station. The property size is 6,900 square feet. The seller may consider a sale-leaseback with partial occupancy.

    Local Financial Insights For Office B

    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 $187.1k $27.12
    − Vacancy −$26.2k −$3.80
    EGI $160.9k $23.32
    − OpEx −$40.2k −$5.83
    NOI $120.7k $17.49
    6,900 SF · lease $27.12/SF/yr · vacancy 14.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.72M
    $1.51M – $2.01M (±1% cap)
    NOI $120,698 @ 7.0% cap · market cap 6.80%
    Second Best
    Retail
    $1.60M
    $1.40M – $1.86M (±1% cap)
    NOI $111,863 @ 7.0% cap · market cap 6.30%
    Theoretical Best
    Office A
    $2.21M
    $1.93M – $2.58M (±1% cap)
    NOI $154,738 @ 7.0% cap · market cap 8.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tom Siegfried Plumbing ... Plumbing Service

    Suggested Use

    Restaurant Hotel & Motel Auto Parts Store Accounting Firm HVAC Service Gym & Fitness Center Department Store Pharmacy Parking Lot & Garage Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Islip
    County
    Suffolk
    State
    New York
    Longitude
    -73.2081719
    Latitude
    40.73648

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property renovated in 2025, near Islip LIRR station.
    Where is this mixed-use property located?
    The property is located at 390 Moffitt Blvd Islip, NY.
    What is the asking price?
    The asking price for this property is $1,775,000.
    What are key features of this property?
    This property features: Renovated in 2025 - **New HVAC, Lighting, Insulation, Siding & 4 Bathrooms**; Adjacent to Islip LIRR Station; Fenced in Yard with 2 Access Points
    More about this property
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