Industrial Warehouse with
For Sale
Contact for pricing
460 Waverly Ave, Patchogue, NY 11772
Industrial warehouse offering approximately 26,370 SF of warehouse space plus 2,820 SF of office and four loading docks.
Property Size29,190 SF
Lot Size2.57 Acres
Price / SF$275
Days on Market9
Property Features for 460 Waverly Ave
General Information
Standard status
Active
Size
29,190 SF
Lot size
2.57 Acres
Property subtype
INDUSTRIAL
Zoning
L-Industrial
Warehouse & Industrial
Clear Height
15.6 ft
Dock-High Doors
4
Drive-In Doors
2
Heavy Power
Yes
Additional Details
Business Included
No
Building Details
Tenancy
Multi
Listing Agency:
Rechler Equity Partners
(516) 848-2773
Listed By:
Ted Trias
(516) 848-2773
Source:
Moodyscre
Added: Jul 22
Changed: Jul 28
Last Checked: Jul 28 at 5:40PM
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 Rechler Equity Partners
Investment Insights
Based on property information with market context.
This for-sale industrial property includes warehouse space under 15'-7" height under steel, with a 33'-4" x 29'-11" bay size configuration. The building also includes 2,820 SF of office space and is equipped with four loading docks and two drive-ins. Electrical service is listed as 800 amps at 277/480V.
The property is currently divided into two units with separate meters for gas and electric, with unit sizes of 14,000 SF and 15,150 SF. It is zoned for L-Industrial Town of Brookhaven.
With its dock and drive-in loading capabilities, steel-frame warehouse setup, and on-site office component, the layout is designed for industrial tenants needing both operational and administrative space.
The property is currently divided into two units with separate meters for gas and electric, with unit sizes of 14,000 SF and 15,150 SF. It is zoned for L-Industrial Town of Brookhaven.
With its dock and drive-in loading capabilities, steel-frame warehouse setup, and on-site office component, the layout is designed for industrial tenants needing both operational and administrative space.
Key Highlights
- Approximately 26,370 SF warehouse plus 2,820 SF office
- Four loading docks and 2 drive‑in doors
- Height under steel: 15'-7"; bay size: 33'-4" x 29'-11"
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 | $816.2k | $27.96 |
| − Vacancy | −$146.9k | −$5.03 |
| EGI | $669.2k | $22.93 |
| − OpEx | −$167.3k | −$5.73 |
| NOI | $501.9k | $17.20 |
29,190 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.17M
$6.27M – $8.37M
NOI $501,934 @ 7.0% cap · market cap 6.25%
Second Best
Warehouse
$6.39M
$5.59M – $7.46M
NOI $447,322 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$8.89M
$7.78M – $10.37M
NOI $622,484 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
15 ft
Clear height
4
Dock-high doors
2
Drive-in doors
Multi-tenant
Tenancy
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 11772, NY
44,459
Population
18,478
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
89%
High-School Grad
16.1 sq mi
ZIP Area
2,761
Density / Sq Mi
$105,246
Median Household Income
$55,170
Median Earnings
$2,015
Median Rent
$450,600
Median Home Value
Market
Properties on Market for Warehouses in Suffolk County
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse offering approximately 26,370 SF of warehouse space plus 2,820 SF of office and four loading docks.
Where is this warehouse located?
The property is located at 460 Waverly Ave Patchogue, NY.
What is the asking price?
The asking price for this property is $8,027,250.
What are key features of this property?
This property features: Approximately 26,370 SF warehouse plus 2,820 SF office; Four loading docks and 2 drive‑in doors; Height under steel: 15'-7"; bay size: 33'-4" x 29'-11"
