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    OFF-MARKET
    Warehouses

    2675 Sunrise Hwy, Islip Terrace, NY 11752

    7,000 SF 0.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,000 square foot warehouse, situated on a 0.6-acre lot at 2675 Sunrise Highway in Islip Terrace, New York (zip code 11752), presents a compelling investment opportunity. The property boasts six dock-high doors and a 12-foot ceiling height, providing ample space for efficient operations. The building features a high-end 1,750 square foot office/computer area, ideal for administrative functions. Currently, a tenant occupies 2,000 square feet, operating an auto repair business until July 25th, generating a monthly income of $5,000. The property is zoned Business III by the Town of Islip and is conveniently located just east of Route 111, offering excellent accessibility. Utilities include gas heat and 400-amp power. Separate meters are installed for efficient utility management. The property tax rate is $5.22 per square foot. This warehouse offers a blend of income-generating potential and significant space for expansion or diverse uses, making it an attractive proposition for discerning investors. The property is offered at an asking price of $1,750,000.

    Property profile
    Verified
    Property type Warehouses
    Total area 7,000 SF
    Lot 0.6 ac (26,136 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
    Current use
    Occupant on record · Public records
    • U-Haul Neighborhood Dealer Car Rental Facility
    • JT Auto & Truck Repair Auto Repair Shop
    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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