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    710-2 Union Pkwy Ronkonkoma, NY 11779

    Sponsored
    For Sale
    $1,150,000

    4,600 SF Warehouse/R&D Space in Ronkonkoma, NY

    Property size:
    4,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,600-square-foot industrial property, located at 710-2 Union Parkway in Ronkonkoma, New York, presents a unique investment opportunity. The building is ideally suited for research and development or laboratory use, boasting a spacious layout with 2,622 square feet dedicated to office space, already permitted for 57% office use. The warehouse features a generous 18-foot ceiling height, providing ample vertical space for various uses. Modern upgrades include new LED lighting and a high-efficiency HVAC system, ensuring comfortable and energy-efficient operation. Three bathrooms are conveniently located throughout the space. The property is offered at an asking price of $1,150,000. Annual common area maintenance (CAM) charges are $498.56 per month. The property tax rate is $2.46 per square foot. The building's electrical capacity is 200 amps. Situated in Suffolk County, New York, with a zip code of 11779, this property offers excellent access to major transportation routes and a thriving business community. The entire 4,600 square feet is net rentable. This is a prime opportunity to acquire a well-maintained and versatile industrial space in a desirable location.

    Property Features for 710-2 Union Pkwy

    General Information

    Property type
    Life science properties
    Square Feet
    4,600 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    ETI Consultants Building Inspector

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ronkonkoma
    County
    Suffolk
    State
    New York
    Longitude
    -73.1204846
    Latitude
    40.7912017

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    FAQs

    What type of property is this?
    Life science property - 4,600 SF Warehouse/R&D Space in Ronkonkoma, NY
    Where is this life science property located?
    The property is located at 710-2 Union Pkwy Ronkonkoma, NY.
    What is the asking price?
    The asking price for this property is $1,150,000.
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    710-2 Union Pkwy Ronkonkoma, NY 11779
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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
    710-2 Union Pkwy Ronkonkoma, NY 11779
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