Ronkonkoma Industrial Property For
70 Remington Blvd, Ronkonkoma, NY 11779
For Sale
Contact for pricing
8,071 SqFt industrial property available in Ronkonkoma, NY.
Property Size8,071 SF
Price / SF$315.95
Days on Market253
Property Features for 70 Remington Blvd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Building Details
Year Renovated
Listing Agency:
Metro Realty Services LLC
Listed By:
Jeremy Hackett
(516) 456-0108
Source:
Crexi
Added: Mar 3
Changed: Oct 27
Last Checked: Nov 8 at 8:45AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property, located in Ronkonkoma, New York, offers 8,071 square feet of space. The property is available for sale.
Key Highlights
- Industrial Property
- 8,071 SqFt
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,589
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,291,780
$2.3M
Cap Rate 7%
$1,636,986
$1.6M
Cap Rate 9%
$1,273,211
$1.3M
Market Conditions
NOI Build-Up for 8,071 SF
Gross rent
$174.3K $21.60/SF
− Vacancy
−$10.6K −$1.32/SF
EGI
$163.7K $20.28/SF
− OpEx
−$49.1K −$6.08/SF
NOI
$114.6K $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 Rate 5%
$2,291,780
Cap Rate 7%
$1,636,986
Cap Rate 9%
$1,273,211
Alternative Uses
Best Use
Industrial
$1.64M
$1.43M – $1.91M
NOI $114,589 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,116 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Explore this area
Business Placement
Demographics for 11779, NY
38,250
Population
14,145
Households
2.7
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
12.5 sq mi
ZIP Area
3,060
Density / Sq Mi
$117,684
Median Household Income
$54,121
Median Earnings
$2,103
Median Rent
$465,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Industrial properties in Suffolk County, NY
Properties on Market for Industrial properties in Suffolk County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - 8,071 SqFt industrial property available in Ronkonkoma, NY.
Where is this industrial property located?
The property is located at 70 Remington Blvd Ronkonkoma, NY.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Industrial Property; 8,071 SqFt
