Warehouse with Solar
New
For Sale
Contact for pricing
70 Remington Blvd, Ronkonkoma, NY 11779
Industrial 1 zoned warehouse renovated in 2006 with solar panels, skylights, and security cameras throughout.
Property Size8,071 SF
Price / SF$315.95
Days on Market7
Property Features for 70 Remington Blvd
General Information
Standard status
Active
Size
8,071 SF
Property subtype
INDUSTRIAL
Zoning
Industrial 1
Amenities
Solar Panels
Skylights
Security System
Building Details
Year Built
1979
Year Renovated
2006
Listing Agency:
Metro Realty Services LLC
(516) 456-0108
Listed By:
Jeremy D. Hackett
(516) 456-0108
Source:
Moodyscre
Added: Jul 24
Changed: Jul 29
Last Checked: Jul 29 at 11:09PM
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
Investment Insights
Based on property information with market context.
Warehouse property zoned Industrial 1 in the Town of Islip. Built in 1979 and renovated in 2006, the space features skylights and solar panels on the roof. Inside, there is 1 row of columns in the warehouse, along with a roof hatch for access.
Additional features include security system/cameras throughout and additional mezzanine storage that is not included in the reported footage. The property is positioned to support industrial uses requiring functional overhead access and lighting.
Built area is 8,071 square feet, providing a compact warehouse footprint with dedicated roof and life-safety/monitoring components already in place.
Additional features include security system/cameras throughout and additional mezzanine storage that is not included in the reported footage. The property is positioned to support industrial uses requiring functional overhead access and lighting.
Built area is 8,071 square feet, providing a compact warehouse footprint with dedicated roof and life-safety/monitoring components already in place.
Key Highlights
- 8,071 SF warehouse
- Zoned Industrial 1, Town of Islip
- Renovated in 2006; built in 1979
Financial Insights For Warehouse
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 | $155.0k | $19.20 |
| − Vacancy | −$9.5k | −$1.17 |
| EGI | $145.5k | $18.03 |
| − OpEx | −$21.8k | −$2.70 |
| NOI | $123.7k | $15.32 |
8,071 SF · lease $19.20/SF/yr · vacancy 6.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.77M
$1.55M – $2.06M
NOI $123,684 @ 7.0% cap · market cap 4.85%
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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Balanced
Demand for This Use
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
Market
Properties on Market for Warehouses in Suffolk County
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Corporate Transfer & Storage — 1 Comac Loop #14, Ronkonkoma, NY 11779
- Amadeus Piano Co - Piano Repair, Tuning, Moving, Storage and Rental Company — 136 Remington Blvd, Ronkonkoma, NY 11779
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial 1 zoned warehouse renovated in 2006 with solar panels, skylights, and security cameras throughout.
Where is this warehouse 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: 8,071 SF warehouse; Zoned Industrial 1, Town of Islip; Renovated in 2006; built in 1979
