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Financial
Distress signals
Property profile

40 Commerce Dr Hauppauge, NY 11788

OFF-MARKET
Distribution centers
Property ID
US63-1639935
3.48 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). 27-yr Hold Held for 27 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A industrial warehouse, located at 40 Commerce Drive in Hauppauge, NY, offers 47,700 square feet of single-tenant space on a 3.48-acre lot. The building boasts an 18-foot ceiling height, three loading docks with three dock-high doors, and two drive-in doors, providing ample access for efficient operations. With 97 total parking spaces, employee and visitor parking is well accommodated. The property features 1,600 amps of 480V power, ensuring sufficient capacity for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$39k
Assessed land$3k
Assessed improvement$36k

Value estimate

· Oct 2026
$80k
$72k – $88k
AI approach$80k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$213/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$155 – $305

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSUFFOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant24.0
Dental Office21.7
Hair Salon18.7

Location

40 Commerce Dr Hauppauge, NY 11788-3904
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
120 Commerce, Hauppauge, NY 11788-3964 $9,375,000 Dec 2025 No data
40 Adams, Hauppauge, NY 11788-3606 $17,250,000 Feb 2025 No data
145 Kennedy, Hauppauge, NY 11788-4001 $8,150,000 Oct 2024 No data
200 Oser, Hauppauge, NY 11788-3724 $3,500,000 May 2024 No data
185 Commerce, Hauppauge, NY 11788-3916 $12,100,000 Jan 2024 57,000 SF
101 Corporate, Hauppauge, NY 11788-2021 $8,410,200 Jan 2024 40,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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