Property profile

19 Corbin Ave Deer Park, NY 11729

OFF-MARKET
Warehouses
1,344 SF
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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

Location

19 Corbin Ave Deer Park, NY 11729
Deer Park metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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