Property profile

556 W Hoffman Ave Lindenhurst, NY 11757

FOR SALE
Manufacturing properties
Property ID
US63-6116148
0.23 ac lot
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 7,500 square foot warehouse, situated on a 0.58-acre lot in Lindenhurst, New York, presents a compelling investment opportunity. Currently configured as an auto salvage yard, the property will be delivered vacant and broom-clean, offering a blank canvas for a variety of uses. The building boasts a 14-foot clear ceiling height, providing ample vertical space for storage or operations. Access is convenient, with yard and drive-in access available from two streets. Three dock-high doors facilitate efficient loading and unloading of goods. Approximately 10% of the building's footprint is dedicated to office space. The property is connected to the sewer system, eliminating the need for costly septic solutions. Located at 556 W Hoffman Ave, Lindenhurst, NY 11757, this single-story structure offers significant potential for redevelopment or immediate occupancy. The asking price is $2,500,000, translating to $333.33 per square foot. This prime industrial property in Suffolk County offers a rare combination of size, location, and accessibility, making it an attractive proposition for discerning investors and businesses alike.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 0.23 ac (10,019 SF)
APN 0103-009.00-01.00-069.000
UPID US63-6116148

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
  • Big Box & Wholesale Store Auto Parts Store

Location

556 W Hoffman Ave Lindenhurst, NY 11757
Lindenhurst metro Census 123900 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$980k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$980k

Owner & transaction history

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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