115 Albany Ave Amityville, NY 11701
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Lambro Industries, Inc / Industrial Manufacturer / Production Facility
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amityville
- County
- Suffolk
- State
- New York
- Longitude
- -73.4142
- Latitude
- 40.6853
