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    OFF-MARKET
    Warehouses

    19 Corbin Ave, Deer Park, NY 11729

    1,344 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,344-square-foot industrial warehouse, situated on a substantial 14,810-square-foot lot in Deer Park, NY (zip code 11729), presents a compelling investment opportunity for developers, end-users, and landlords. The property features a fully detached office building, offering versatile space for administrative functions or potential expansion. The expansive lot provides ample room for future development or expansion of existing operations. Two bays are included, along with 58 parking spaces, ensuring convenient access and ample parking for employees and customers. The property boasts significant curb appeal and visibility, ideal for signage and brand promotion. Improvements include updated LED lighting, three-phase power, a fenced lot, and a paved parking lot. The property is zoned Industrial 2 and benefits from its proximity to the Deer Park LIRR station, enhancing accessibility and convenience. The location is surrounded by a thriving commercial area, including major retailers such as FedEx, Home Depot, and numerous restaurants and retail establishments. Annual expenses include insurance ($3,183), taxes ($42,866.96), and other expenses ($46,049.98), totaling $92,099.94. This property offers substantial potential for income generation through redevelopment or expansion of existing business operations. The property is located at 19 Corbin Avenue, Bay Shore, NY.

    Property profile
    Verified
    Property type Warehouses
    Total area 1,344 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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