115 Albany Ave Amityville, NY 11701
This exceptional 76,000-square-foot warehouse, situated on a 3.4-acre lot in Amityville's Town of Babylon, presents a significant opportunity for businesses seeking ample space and strategic location. The single-tenant building boasts a substantial 26-foot ceiling height, providing generous vertical storage capacity. Seven loading docks and two drive-in doors ensure efficient loading and unloading operations, streamlining logistics. The property benefits from robust 600/240-volt power, accommodating a wide range of industrial applications. Property taxes are a competitive $2 per square foot. The entire 76,000 square feet is currently vacant, making it ready for immediate occupancy by a new tenant. Importantly, new tenants may qualify for attractive tax incentives offered by the Town of Babylon Industrial Development Agency (IDA), potentially reducing operational costs. This presents a compelling investment opportunity in a well-situated industrial area. The property's size, features, and potential tax benefits combine to create a highly attractive proposition for a variety of industrial businesses. The single-tenant occupancy simplifies management and allows for customized space planning. This warehouse offers a rare combination of scale, functionality, and location advantages.
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Lambro Industries, Inc Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.