Ronkonkoma Industrial Condo For
For Sale
$1,400,000
Pending
711 Koehler Ave 5, Ronkonkoma, NY 11779
5,000 SF industrial condo with office and warehouse space.
Property Size5,000 SF
Days on Market98
Property Features for 711 Koehler Ave 5
General Information
Standard status
Pending
Size
5,000 SF
Property subtype
Industrial
Listing Agency:
(917) 543-3255
Listed By:
Aric H. Schachner
(917) 543-3255
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 9:06AM
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 Aric H. Schachner
Investment Insights
Based on property information with market context.
This 5,000 square foot industrial condo features 3,600 square feet of finished office space, 2,400 square feet of mezzanine storage, and 2,000 square feet of warehouse space. The property includes one dock and one drive-in door. It is suitable for production, warehousing, or distribution. The location provides convenient access to major transportation routes. The floorplan is versatile and allows for customization. The property is located in the Ronkonkoma area.
Key Highlights
- 5,000 SF Industrial Condo with Flexible Space: Includes finished office, mezzanine storage, and warehouse areas.
- Convenient Access to Major Transportation Routes: Facilitates efficient logistics and distribution.
- Versatile Floorplan for Customization: Adaptable to various business needs and layouts.
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 | $139.8k | $27.96 |
| − Vacancy | −$25.2k | −$5.03 |
| EGI | $114.6k | $22.93 |
| − OpEx | −$28.7k | −$5.73 |
| NOI | $86.0k | $17.20 |
5,000 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.23M
$1.07M – $1.43M
NOI $85,977 @ 7.0% cap · market cap 6.14%
Second Best
Warehouse
$1.09M
$957.8K – $1.28M
NOI $76,622 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$1.52M
$1.33M – $1.78M
NOI $106,626 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,542
Businesses Nearby
Well-served
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
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pond Deli — 2140 Pond Rd, Ronkonkoma, NY 11779
- Thrifty Deli — 1735 Julia Goldbach Ave, Ronkonkoma, NY 11779
- Señor Taco Catering Services (office) — 1560 Lakeland Ave, Bohemia, NY 11716
- Florian Food Service Inc — 50 Feldland St # 1, Bohemia, NY 11716
Frequently Asked Questions
What type of property is this?
Flex space - 5,000 SF industrial condo with office and warehouse space.
Where is this flex space located?
The property is located at 711 Koehler Ave 5 Ronkonkoma, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 5,000 SF Industrial Condo with Flexible Space: Includes finished office, mezzanine storage, and warehouse areas.; Convenient Access to Major Transportation Routes: Facilitates efficient logistics and distribution.; Versatile Floorplan for Customization: Adaptable to various business needs and layouts.
