Property profile

240 Hedges Ave East Patchogue, NY 11772

OFF-MARKET
Warehouses
Property ID
US63-0635006
1.94 ac lot
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,700-square-foot warehouse, located at 240 Hedges Avenue in Patchogue, New York, presents a significant leasing opportunity. Situated on a two-acre lot in Suffolk County, this industrial property offers ample space for various business needs. The entire 3,700 square feet is currently vacant, providing immediate occupancy for prospective tenants. The warehouse boasts an impressive 18-foot ceiling height, providing generous vertical storage capacity. The property is equipped with 200 amps of power, sufficient for most industrial operations. The property is designated as a multi-tenant space, making it suitable for businesses seeking to share the space or for a single tenant requiring the entire area. Its location in Patchogue, NY, zip code 11772, offers convenient access to major transportation routes and local amenities. This is a rare opportunity to secure a substantial warehouse space in a desirable location. The property's size and features make it an attractive option for a wide range of industrial businesses. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Lot 1.94 ac (84,506 SF)
APN 0200-977.80-04.00-001.003
UPID US63-0635006

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • General Contractor
  • Landscaping General Contractor

Location

240 Hedges Ave East Patchogue, NY 11772-5584
East Patchogue metro Census 159203 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.62M

Owner & transaction history

since 2023
Last sale
$2.9M
4 recorded transactions
2023
Price N/A
2022
$2.9M
2016
Price N/A
2014
$475,000

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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