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    OFF-MARKET
    Land

    1420 Lincoln Ave, Holbrook, NY 11741

    9.74 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.74-acre industrial development site, located at 1420 Lincoln Ave, Holbrook, NY 11741 (APN: Sec: 151; Block: 1; Lot: 7), presents a compelling investment opportunity. Zoned L-1 Industrial, this property offers significant potential for a variety of uses, including manufacturing, warehousing, distribution, office space, research and development, and more. The site boasts two existing buildings, each approximately 60,000 square feet, featuring 30-foot ceiling heights, approximately 10 dock-high doors, and one overhead door per building. The property enjoys excellent visibility and accessibility, with convenient access to major highways such as Veterans Memorial Highway and Sunrise Highway, as well as proximity to Long Island MacArthur Airport and the Ronkonkoma LIRR station. A site plan has already been approved by the Town of Islip. A potential tax abatement may be available through the Town of Islip/Suffolk County IDA for qualified buyers or tenants. The asking price is $10,900,000. This is a rare opportunity to acquire a substantial industrial property in a prime location. Lease terms are negotiable. The property is available immediately.

    Property profile
    Verified
    Property type Land
    Lot 9.74 ac (424,274 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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