Manufacturing Facility with Loading
For Sale
$8,000,000
5100 New Horizons Blvd, Amityville, NY 11701
Industrial building with production, office, loading, power, and freight-handling infrastructure.
Property Size49,063 SF
Lot Size1.80 Acres
Price / SF$163.06
Days on Market47
Property Features for 5100 New Horizons Blvd
General Information
Standard status
Active
Size
49,063 SF
Class
B
Total Parking Spaces
53
Lot size
1.80 Acres
Property subtype
industrial
Warehouse & Industrial
Clear Height
22 ft
Office Build-Out
4,558 SF
Mezzanine
19,733 SF
Dock-High Doors
3
Drive-In Doors
2
Sprinkler System
Yes
Building Details
Building Size
49,063 SF
Listing Agency:
Melville
(631) 962-2504
Listed By:
Max Omstrom · License #10401287964
(631) 962-2504
Source:
Property.jll
Added: Jul 16
Changed: Aug 30
Last Checked: Aug 31 at 12:38PM
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 Melville
Investment Insights
Based on property information with market context.
The manufacturing facility at 5100 New Horizons Blvd includes 49,063 SF of building area, with 19,733 SF configured as mezzanine space and 4,558 SF of offices. The property also features a 3,000 lb freight elevator, floor drains throughout, and full fire-sprinkler coverage. A former food processing plant, the building is supported by 1,200 amps at 480V and 1,600 amps at 208V, along with sewer service.
Loading capacity includes 3 loading docks and 2 drive-in doors. The building provides 22' clear height and on-site parking for 53 cars. The property occupies 1.80 acres in Amityville, NY 11701.
Loading capacity includes 3 loading docks and 2 drive-in doors. The building provides 22' clear height and on-site parking for 53 cars. The property occupies 1.80 acres in Amityville, NY 11701.
Key Highlights
- 49,063 SF building with 19,733 SF mezzanine and 4,558 SF of office space
- 3 loading docks and 2 drive‑in doors
- 22' clear height with 3,000 lb freight elevator
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$696,581
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$13,931,620
$13.9M
Cap Rate 7%
$9,951,157
$10.0M
Cap Rate 9%
$7,739,789
$7.7M
Market Conditions
NOI Build-Up for 49,063 SF
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.
Gross rent
$1.06M $21.60/SF
− Vacancy
−$64.6K −$1.32/SF
EGI
$995.1K $20.28/SF
− OpEx
−$298.5K −$6.08/SF
NOI
$696.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$13,931,620
Cap Rate 7%
$9,951,157
Cap Rate 9%
$7,739,789
Alternative Uses
Best Use
Warehouse
$10.74M
$9.40M – $12.53M
NOI $751,865 @ 7.0% cap · market cap 9.40%
Second Best
Industrial
$9.95M
$8.71M – $11.61M
NOI $696,581 @ 7.0% cap · market cap 8.71%
Theoretical Best
Office A
$14.95M
$13.08M – $17.44M
NOI $1,046,281 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
3
Dock-high doors
2
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Explore this area
Business Placement
Demographics for 11701, NY
27,831
Population
9,544
Households
2.9
Avg Household Size
41
Median Age
31%
College-Educated
87%
High-School Grad
4.6 sq mi
ZIP Area
6,050
Density / Sq Mi
$110,639
Median Household Income
$48,080
Median Earnings
$2,307
Median Rent
$489,000
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building with production, office, loading, power, and freight-handling infrastructure.
Where is this manufacturing property located?
The property is located at 5100 New Horizons Blvd Amityville, NY.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 49,063 SF building with 19,733 SF mezzanine and 4,558 SF of office space; 3 loading docks and 2 drive‑in doors; 22' clear height with 3,000 lb freight elevator
