Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Manufacturing properties

    790 Marconi Blvd, Copiague, NY 11726

    7,680 SF 0.4 ac lot
    Entity Owned 13-yr Hold Free & Clear
    Property ID
    US63-2098340
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Total area 7,680 SF
    Lot 0.4 ac (17,424 SF)
    Zoning code DC
    APN 0100-197.00-02.00-004.001
    UPID US63-2098340
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.10M
    CAP Approach CAP
    $1.68M
    Comparable Approach Comparable
    $1.75M
    Blend (final) Blend
    $1.46M
    Owner & transaction history
    Chelsea Real Props III LLC · 13 yrs held
    Chelsea Real Props III LLC
    since 2013
    1 recorded transaction
    2013
    Zoning & alternative use
    DC · Copiague, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $2.3M +24.6%
    Try Rey
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message