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    390 Moffitt Blvd Islip, NY 11751

    Sponsored
    For Sale
    $1,775,000

    9,710 SF Flex Space, Updated 2023

    Property size:
    9,710 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,710-square-foot industrial property, located at 390 Moffit Blvd in Islip, New York, presents a unique investment opportunity. The building, constructed in 1975 and extensively renovated in 2023, boasts a versatile design suitable for flex, manufacturing, or warehouse uses. The two-story structure features a 20-foot ceiling height, providing ample space for various operations. Improvements completed in 2023 include a new HVAC system, updated lighting, new siding, and four renovated bathrooms. The property sits on a 0.25-acre lot and includes a fenced yard with two convenient access points. Five dedicated parking spaces are available for employees and visitors. A comprehensive security system with cameras ensures the safety and security of the premises. The property is zoned Industrial 1 and is conveniently located adjacent to the Islip LIRR station, offering easy access to public transportation. The seller is open to considering a sale-leaseback arrangement with partial occupancy, providing flexibility for potential buyers. This turnkey property offers a blend of modern amenities and a prime location, making it an ideal choice for owner-users seeking a functional and well-maintained space. The gross lease structure simplifies management, and the multi-tenant capability offers potential for future income generation.

    Property Features for 390 Moffitt Blvd

    General Information

    Property type
    Distribution properties
    Square Feet
    9,710 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built/Renovated
    1975/2023
    Stories
    2
    Units
    1

    HighLights

    • Sale‑leaseback option available with partial occupancy.
    • High‑traffic location with excellent visibility.
    • Modern, efficient floor plan ideal for various uses.
    • Ample parking readily available on‑site.
    • Strong tenant base with long‑term leases.
    • Recently renovated with updated systems.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tom Siegfried Plumbing ... Plumber

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Islip
    County
    Suffolk
    State
    New York
    Longitude
    -73.208283789419
    Latitude
    40.73675640136

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    FAQs

    What type of property is this?
    Distribution property - 9,710 SF Flex Space, Updated 2023
    Where is this distribution property located?
    The property is located at 390 Moffitt Blvd Islip, NY.
    What is the asking price?
    The asking price for this property is $1,775,000.
    What are key features of this property?
    This property features: Sale-leaseback option available with partial occupancy.; High-traffic location with excellent visibility.; Modern, efficient floor plan ideal for various uses.
    Request Owner's contact information
    390 Moffitt Blvd Islip, NY 11751
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    390 Moffitt Blvd Islip, NY 11751
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