Property profile

36 Chapel Ave East Patchogue, NY 11772

OFF-MARKET
Other warehouses
Property ID
US63-0151843
1.36 ac lot
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

The property comprises approximately 1.76 acres of L1-zoned industrial land in East Patchogue. It includes on-site office space that has been renovated, as well as multiple shipping containers and a steel-framed covered storage structure. Utility infrastructure is present on the site, and the property has previously functioned as a licensed NYS dismantler/dealer facility with EPA and DEC-related approvals and licenses noted as in place. The site has been operated as an industrial salvage and materials-handling yard and is configured with structures and support elements commonly used for industrial and manufacturing activity. Existing leases may be in effect and should be confirmed independently. The property’s location provides access to major transportation routes and is near logistics-oriented facilities including the Brookhaven Rail Terminal and Long Island MacArthur Airport, supporting industrial and distribution use within the surrounding mixed business and consumer area.

Property profile

Verified
Property type Other warehouses
Use group STORAGE YARD (JUNK, SALVAGE)
Lot 1.36 ac (59,242 SF)
APN 0200-977.60-05.00-022.000
UPID US63-0151843

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
  • Auto Repair Shop Auto Parts Store

Location

36 Chapel Ave East Patchogue, NY 11772-5790
East Patchogue metro Census 159201 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$170k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2007
2 recorded transactions
2007
Price N/A
2005
Price N/A

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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