Bay Shore Industrial/Manufacturing
For Sale
Contact for pricing
9 Pine Aire Dr, Bayshore, NY 11706
10,000 SF industrial/manufacturing building on 0.65-acre lot for sale.
Property Size10,000 SF
Lot Size0.65 Acres
Price / SF$270
Days on Market217
Property Features for 9 Pine Aire Dr
General Information
Standard status
Active
Size
10,000 SF
Class
B
Lot size
0.65 Acres
Property subtype
Industrial
Zoning
Ind 1
Investment Type
Owner/User
Building Details
Units
3
Tenancy
Multi
Listing Agency:
Douglas Elliman Commercial Division
Listed By:
Michael Gronenthal · License #NY 10401300985
(631) 858-2469
Source:
Crexi
Added: Mar 2
Changed: Sep 26
Last Checked: Oct 4 at 10:11AM
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 Douglas Elliman Commercial Division
Investment Insights
Based on property information with market context.
The property at 9-13 Pine Aire Drive is a 10,000 square foot industrial/manufacturing building situated on a 0.65-acre parcel. The property is located in Bay Shore and is zoned IND-1. The building features three drive-in doors and 12 feet 6 inches of clear height. Partial HVAC is present. Ample parking is available. The property can be delivered fully vacant, making it suitable for owner-users.
Key Highlights
- 10,000 SF industrial/manufacturing building ideal for owner‑users
- Delivered fully vacant
- Located on a 0.65‑acre IND‑1 zoned parcel in Bay Shore
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,977
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,839,540
$2.8M
Cap Rate 7%
$2,028,243
$2.0M
Cap Rate 9%
$1,577,522
$1.6M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$216.0K $21.60/SF
− Vacancy
−$13.2K −$1.32/SF
EGI
$202.8K $20.28/SF
− OpEx
−$60.8K −$6.08/SF
NOI
$142.0K $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%
$2,839,540
Cap Rate 7%
$2,028,243
Cap Rate 9%
$1,577,522
Alternative Uses
Best Use
Industrial
$2.03M
$1.77M – $2.37M
NOI $141,977 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.05M
$2.67M – $3.55M
NOI $213,252 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
Demographics for 11706, NY
66,263
Population
21,435
Households
3.1
Avg Household Size
37
Median Age
26%
College-Educated
82%
High-School Grad
16.9 sq mi
ZIP Area
3,921
Density / Sq Mi
$115,112
Median Household Income
$44,917
Median Earnings
$1,885
Median Rent
$464,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 10,000 SF industrial/manufacturing building on 0.65-acre lot for sale.
Where is this manufacturing property located?
The property is located at 9 Pine Aire Dr Bayshore, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 10,000 SF industrial/manufacturing building ideal for owner‑users; Delivered fully vacant; Located on a 0.65‑acre IND‑1 zoned parcel in Bay Shore
