115 Albany Ave Amityville, NY 11701

Property Details for 115 Albany Ave

Property size

60,000 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional investment opportunity presents a 60,000-square-foot multi-tenant industrial warehouse located at 115 Albany Ave and 20 Reed Pl, Amityville, NY 11701, within Suffolk County. The property currently houses two tenants. The seller occupies approximately 52,000 square feet and is open to a leaseback arrangement, offering immediate income potential. Alternatively, the building can be delivered vacant at closing, providing flexibility for the new owner. Ample parking is available on-site, a significant advantage for both tenants and employees. The property's location in the Town of Babylon presents a compelling opportunity for new tenants, as they may qualify for tax benefits through the Town of Babylon Industrial Development Agency (IDA). This makes the property attractive for both immediate income generation and long-term value appreciation. The property's size and multi-tenant configuration provide a diversified income stream and potential for future growth. This is a rare chance to acquire a well-located, substantial industrial property in a thriving area of Long Island. The address is precisely 115 Albany Ave and 20 Reed Pl, Amityville, NY 11701, with zip code 11701.