790 Marconi Blvd, Copiague, NY 11726
For Sale
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This exceptional 8,115 square foot industrial property, located at 790 Marconi Boulevard in Copiague, New York, presents a compelling investment opportunity. The property consists of three units situated on a 0.4-acre lot, offering significant potential for income generation. Currently, two of the three units are leased under a modified lease agreement, providing immediate cash flow. The asking price is $2,200,000, translating to a compelling $271.10 per square foot. The property boasts a current cap rate of 5.00%, with a pro-forma cap rate of 5.56% and a pro-forma net operating income (NOI) of $122,400. The property is zoned for industrial use and features a fenced side yard. Each unit is valued at approximately $733,333.33. The property's strategic location adjacent to the Copiague Long Island Rail Road (LIRR) station provides excellent accessibility and enhances its overall appeal. The property can be delivered vacant, offering flexibility for future tenants or repositioning strategies. This multi-tenant automotive facility represents a rare opportunity to acquire a well-located, income-producing asset in a thriving market. The property's strong financials, combined with its convenient location and potential for future growth, make it an ideal investment for discerning buyers seeking a high-return opportunity in the Long Island industrial market. The property is located in Suffolk County, New York, with a zip code of 11726.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DC · Copiague, NYCopiague. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.