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Industrial Portfolio with New Roofs
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86 Magnolia Ave, Westbury, NY 11590

Three side-by-side warehouse buildings offer new roofs and HVAC installed for each property.

Property SizeContact for details
Days on Market123

Property Features for 86 Magnolia Ave

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Michael Tuccillo · License #NY 10401244358
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 11:36PM

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 Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

The offering consists of three side-by-side warehouse buildings located at 80 Magnolia Avenue, 86 Magnolia Avenue, and 90 Magnolia Avenue. Current ownership has completed significant capital expenditures, including a new roof and HVAC for each property.

The portfolio is positioned just off Northern State Parkway (165,000+ VPD) and Wantagh State Parkway (75,000+ VPD), providing convenient regional access. The surrounding area includes more than 127,000 residents within a three-mile radius and an average household income over $144,000.

Collectively, the buildings provide a multi-asset industrial configuration within a single portfolio, with both roof and HVAC improvements already in place for each property.

Key Highlights

  • Industrial portfolio on Magnolia Avenue in Westbury, NY with three side‑by‑side buildings: 80, 86, and 90 Magnolia Avenue
  • New roof installed for each property in the portfolio
  • New HVAC installed for each property in the portfolio

Property Analytics

Current Use

T L Roofing ... Roofing Company Best American Welding ... General Contractor

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,245
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11590, NY

47,838
Population
15,497
Households
3.1
Avg Household Size
40
Median Age
40%
College-Educated
87%
High-School Grad
6.7 sq mi
ZIP Area
7,140
Density / Sq Mi
$149,250
Median Household Income
$56,520
Median Earnings
$2,209
Median Rent
$616,500
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Three side-by-side warehouse buildings offer new roofs and HVAC installed for each property.
Where is this warehouse located?
The property is located at 86 Magnolia Ave Westbury, NY.
What are key features of this property?
This property features: Industrial portfolio on Magnolia Avenue in Westbury, NY with three side‑by‑side buildings: 80, 86, and 90 Magnolia Avenue; New roof installed for each property in the portfolio; New HVAC installed for each property in the portfolio
(212) 430-5196 Call to check price and availability
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