Hauppauge Senior Housing Development
For Sale
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425 Wheeler Road, Hauppauge, NY 11788
5.65-acre entitled senior housing development site in Hauppauge, New York.
Property Size112,178 SF
Lot Size5.65 Acres
Days on Market85
Property Features for 425 Wheeler Road
General Information
Standard status
Active
Size
112,178 SF
Lot size
5.65 Acres
Property subtype
Land, Senior Living
Listing Agency:
BWE Investment Sales
(972) 960-1222
Listed By:
Charles Bissell · License #TX 334485
Source:
Crexi
Added: May 12
Changed: Jul 10
Last Checked: Aug 2 at 1:32PM
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 BWE Investment Sales
Investment Insights
Based on property information with market context.
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%.
Key Highlights
- Rare shovel‑ready AL/MC development opportunity on Long Island.
- Strong unmet demand for senior housing with high occupancy rates (92.5%).
- Prime infill location with high barriers to entry.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
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Business Placement
Demographics for 11788, NY
16,273
Population
5,818
Households
2.8
Avg Household Size
44
Median Age
50%
College-Educated
93%
High-School Grad
8.6 sq mi
ZIP Area
1,892
Density / Sq Mi
$148,946
Median Household Income
$71,034
Median Earnings
$2,689
Median Rent
$635,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 5.65-acre entitled senior housing development site in Hauppauge, New York.
Where is this commercial land located?
The property is located at 425 Wheeler Road Hauppauge, NY.
What are key features of this property?
This property features: Rare shovel‑ready AL/MC development opportunity on Long Island.; Strong unmet demand for senior housing with high occupancy rates (92.5%).; Prime infill location with high barriers to entry.
