95 Schmitt Blvd, Farmingdale, NY
14,000 SF warehouse with retail potential on one acre.
- Added:
- May 9, 2025
- Days on Market:
- 411
- Last Refresh:
- May 20 at 9:06 pm
Property Features for 95 Schmitt Blvd
General Information
- Standard status
- Active
- Size
- 14,000 SF
- Lot size
- 1.03 Acres
- Property subtype
- INDUSTRIAL
Listing agent Michael Freedberg
Listing office Suffolk Industrial Properties (646) 623-5242
Listing date May 9, 2025
Source Moodyscre
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 Suffolk Industrial Properties
HighLights
- Directly off Rt 110 at Nassau/Suffolk Border
- Rare GA Zoning (Industrial and Retail)
- 14,000 sqft Warehouse
- 1 Acre Fenced in Lot
- 16.5' Clear Height
- 2 Loading Docks and 2 Drive‑in Doors
Overview
Local Financial Insights For Warehouse
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 | $307.4k | $21.96 |
| − Vacancy | −$21.2k | −$1.52 |
| EGI | $286.2k | $20.44 |
| − OpEx | −$42.9k | −$3.07 |
| NOI | $243.3k | $17.38 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Crescent Cold Storage — 30 Central Ave, Farmingdale, NY 11735
- Prime Storage — 2091 New Hwy, Farmingdale, NY 11735
- Joseph Barton — 225 Central Ave, Farmingdale, NY 11735
- All American Van Lines Inc — 303 Smith St, Farmingdale, NY 11735
- Tri-State Area Movers — 80 Smith St, Farmingdale, NY 11735
Location Insight
- Map
- Local Demand
- City
- Farmingdale
- County
- Nassau
- State
- New York
- Longitude
- -73.4186
- Latitude
- 40.749