425 Wheeler Road, Hauppauge, NY 11788

This 5.65-acre property in Hauppauge, Town of Islip, Suffolk County, New York, presents a senior housing development opportunity. The site fronts Wheeler Road, just north of the Long Island Expressway (I-495), providing visibility and access. The surrounding area includes residential neighborhoods, government and professional offices, and personal service businesses. The property previously had approvals for 136 assisted living units on 4.9 acres, with an approved building area of 97,202 square feet and a FAR variance to 45.58%. The sellers are willing to sell both parcels as a combined site. Town approval will be required to merge the parcels and approve development of the full site; however, prior engineering and use approvals should support an accelerated entitlement process. If the 45.58% FAR is extended to the combined parcel, the resulting building area would be 112,178 square feet. Materials have been submitted for a sewage treatment plant, as municipal sewer service is not available. The Town of Islip Industrial Development Agency has also approved the creation of a PILOT agreement. Within a 7-mile radius, there are more than 38,000 residents age 75+ (growing at 2.8% annually) and more than 23,000 residents age 85+ (growing at 3.1% annually). Household incomes are strong, with a median of $134,308. As of Q4 2025, seniors housing occupancy within a 7-mile radius stood at 92.5%.