Industrial Space with LED
For Sale
Contact for pricing
493 Johnson Ave, Bohemia, NY 11716
Industrial space featuring LED lighting, epoxy flooring, and new heating and air conditioning throughout.
Property Size2,074 SF
Price / SF$301.35
Days on Market89
Property Features for 493 Johnson Ave
General Information
Standard status
Active
Size
2,074 SF
Property subtype
INDUSTRIAL
Amenities
LED Lighting
Epoxy Floors
New Heat & A/C Throughout
Listing Agency:
Metro Realty Services LLC
(631) 770-0700
Listed By:
Andrew B. Blumenthal
(631) 391-6363
Source:
Moodyscre
Added: Jul 24
Changed: Oct 8
Last Checked: Oct 19 at 9:38AM
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 Metro Realty Services LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,074-square-foot industrial property at 493 Johnson Ave in Bohemia, NY 11716 features LED lighting and epoxy flooring throughout. New heating and air conditioning have been installed throughout the space. The property also includes 4.64% of common area.
Key Highlights
- 2,074‑square‑foot industrial property
- LED lighting throughout
- Epoxy flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,446
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,920
$588.9K
Cap Rate 7%
$420,657
$420.7K
Cap Rate 9%
$327,178
$327.2K
Market Conditions
NOI Build-Up for 2,074 SF
Gross rent
$44.8K $21.60/SF
− Vacancy
−$2.7K −$1.32/SF
EGI
$42.1K $20.28/SF
− OpEx
−$12.6K −$6.08/SF
NOI
$29.4K $14.20/SF
Area
Suffolk County, NY
Vacancy
6.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,920
Cap Rate 7%
$420,657
Cap Rate 9%
$327,178
Alternative Uses
Best Use
Industrial
$420.7K
$368.1K – $490.8K
NOI $29,446 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$631.8K
$552.9K – $737.2K
NOI $44,229 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,851
Businesses Nearby
Explore this area
Business Placement
Demographics for 11716, NY
10,315
Population
3,535
Households
2.9
Avg Household Size
45
Median Age
42%
College-Educated
95%
High-School Grad
8.6 sq mi
ZIP Area
1,199
Density / Sq Mi
$120,344
Median Household Income
$54,556
Median Earnings
$2,425
Median Rent
$508,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial space featuring LED lighting, epoxy flooring, and new heating and air conditioning throughout.
Where is this industrial property located?
The property is located at 493 Johnson Ave Bohemia, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,074‑square‑foot industrial property; LED lighting throughout; Epoxy flooring
