Current Use by Public Records
- Lambro Industries, Inc / Industrial Manufacturer / Production Facility
Property Details for 115 Albany Ave
- Lot size
- 3.40 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amityville
- County
- Suffolk
- State
- New York
- Longitude
- -73.4139
- Latitude
- 40.6858
