Industrial Warehouse with
840 S 1st St Ronkonkoma, NY 11779
New
840 S 1st St, Ronkonkoma, NY, 11779
$2,750,000
For Sale
$2,750,000
Industrial warehouse includes ±500 SF office with HVAC, 15–16' clear height, and two drive-in doors.
Property Size10,000 SF
Lot Size0.64 Acres
Price / SF$275
Days on Market6
Property Features for 840 S 1st St
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.64 Acres
- Property subtype
- industrial
Listing agency
Melville
(631) 962-2504
Listed by
Max Omstrom · License #10401287964
(631) 962-2504
Source
Property.jll
Added: Jul 16 Updated: Jul 21 at 12:20AM Checked: Jul 21 at 3:19AM
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.
Industrial warehouse property for sale at 840 S 1st St, Ronkonkoma, NY. The building features approximately ±500 SF of office space with HVAC, as well as warehouse clear height of 15 to 16 feet. Two drive-in doors are provided, each measuring 14' x 10'. The warehouse is heated with gas, and bathrooms are available in both the office and warehouse areas.
Access is available from both South 1 Street and South 2 Street. The site is listed as a 0.64-acre plot.
The property offers a combination of functional warehouse space and dedicated office amenities, including climate control and restrooms within both work and office areas.
Access is available from both South 1 Street and South 2 Street. The site is listed as a 0.64-acre plot.
The property offers a combination of functional warehouse space and dedicated office amenities, including climate control and restrooms within both work and office areas.
Key Highlights
- 0.64‑acre industrial property at 840 S 1st St
- Approximately 500 SF office space with HVAC
- Warehouse offers 15 to 16' clear height
Local 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 | $279.6k | $27.96 |
| − Vacancy | −$50.3k | −$5.03 |
| EGI | $229.3k | $22.93 |
| − OpEx | −$57.3k | −$5.73 |
| NOI | $172.0k | $17.20 |
10,000 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.46M
$2.15M – $2.87M
NOI $171,954 @ 7.0% cap · market cap 6.25%
Second Best
Warehouse
$2.19M
$1.92M – $2.55M
NOI $153,245 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$3.05M
$2.67M – $3.55M
NOI $213,252 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Pond Deli — 2140 Pond Rd, Ronkonkoma, NY 11779
FAQs
What type of property is this?
Flex space - Industrial warehouse includes ±500 SF office with HVAC, 15–16' clear height, and two drive-in doors.
Where is this flex space located?
The property is located at 840 S 1st St Ronkonkoma, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 0.64‑acre industrial property at 840 S 1st St; Approximately 500 SF office space with HVAC; Warehouse offers 15 to 16' clear height
