Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    90 Remington Blvd Ronkonkoma, NY 11779-6910

    • Manufacturing properties
    • 0.57 lot acres
    OFF-MARKET
    Last Sale
    May 07, 2025
    $2,450,000
    Value Estimations
    $2,470,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-0505104
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Restaurant Hood Installers of Long Island / Big Box & Wholesale Store
    • Enterprise Ronkonkoma / Freight Service / Logistics Company
    • Canfield Electronics Inc / Electronics & Wireless Store

    Property Details for 90 Remington Blvd

    Lot size
    0.57 lot acres
    Zone code
    IND1
    Property type
    Manufacturing properties
    APN
    0500-125.00-01.00-012.024
    APU
    500125000100012024

    Description

    This exceptional 8,000-square-foot warehouse, situated on a 0.58-acre lot in Ronkonkoma, New York, presents a compelling investment opportunity. Located at 90 Remington Blvd, this industrial property boasts a strategic location within Suffolk County, specifically in the Town of Islip (Section 125, Block 1, Lot 12.024). The warehouse features a 19-foot ceiling height, providing ample vertical space for storage and operations. Access is facilitated by one loading dock and two dock-high doors, ensuring efficient loading and unloading of goods. The property includes a fenced-in yard, enhancing security and providing additional outdoor storage space. A significant advantage is the front-facing loading dock, improving accessibility and operational efficiency. The property's electrical capacity is substantial, with 1600 amps available to power operations. This warehouse is ideal for businesses seeking a well-equipped, conveniently located facility in a thriving industrial area. The asking price for this turnkey property is $2,600,000. This represents a rare opportunity to acquire a well-maintained and strategically positioned warehouse in a desirable location. Don't miss out on this chance to secure a valuable asset in the robust Ronkonkoma market. The property's zip code is 11779.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,505,000
      ML approach
      $2,895,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ronkonkoma
    County
    Suffolk
    State
    New York
    Longitude
    -73.1344
    Latitude
    40.791
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $29,100
    $50,950
    $80,050
    -
    $399,725
    $699,863
    $1,099,588

    Comparable in this City

    • Value Estimation
      $930,000
      0.48 Acres

      880 2nd St

      MANUFACTURING (LIGHT) • 0.48 Acres
      880 2nd St, Ronkonkoma, NY 11779-7202
      View Details
    • Value Estimation
      $950,000
      1.00 Acre

      155 Comac St

      MANUFACTURING (LIGHT) • 1.00 Acre
      155 Comac St, Ronkonkoma, NY 11779-6932
      View Details
    • Value Estimation
      $1,035,000
      3.00 Acres

      205 13th Ave

      MANUFACTURING (LIGHT) • 3.00 Acres
      205 13th Ave, Ronkonkoma, NY 11779-6801
      View Details
    • Value Estimation
      $1,095,000
      3.33 Acres

      55 Raynor Ave

      MANUFACTURING (LIGHT) • 3.33 Acres
      55 Raynor Ave, Ronkonkoma, NY 11779-6649
      View Details
    • Value Estimation
      $930,000
      0.90 Acres

      40 Remington Blvd

      MANUFACTURING (LIGHT) • 0.90 Acres
      40 Remington Blvd, Ronkonkoma, NY 11779-9501
      View Details
    • Value Estimation
      $1,080,000
      2.81 Acres

      3025 Veterans Memorial Hwy

      MANUFACTURING (LIGHT) • 2.81 Acres
      3025 Veterans Memorial Hwy, Ronkonkoma, NY 11779-7612
      View Details

    Similar Nearby for Sale

    • $5,900,000
      21,500 SF

      Ronkonkoma Industrial Flex Space

      21,500 SF Flex Space, $5.9M
      2200 Smithtown Ave, Ronkonkoma, NY 11779
      View Details
    • $1,100,000
      4,600 SF

      Ronkonkoma Flex Space For Sale

      Flex space suitable for R&D or lab use.
      710 Union Pkwy, Ronkonkoma, NY 11779
      View Details
    • $3,900,000
      18,500 SF

      Ronkonkoma Industrial Automotive Property

      18,500 SF industrial space, fully rented, near LIE.
      801-823 S 1St St, Ronkonkoma, NY 11779
      View Details
    • Contact for pricing
      2,500 SF

      Ronkonkoma Industrial Unit For Sale

      Well-maintained 2,500 SF industrial unit with offices and mezzanine.
      2221 5Th Ave, Ronkonkoma, NY 11779
      View Details
    • $1,150,000
      4,600 SF

      Ronkonkoma Industrial Warehouse For Sale

      4,600 SF Warehouse/R&D Space in Ronkonkoma, NY
      710-2 Union Pkwy, Ronkonkoma, NY 11779
      View Details
    • $725,000
      350 SF

      Ronkonkoma Redevelopment Opportunity

      Prime Retail Space, High Traffic Area
      370 Hawkins Ave, Ronkonkoma, NY 11779
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      103,000 SF

      Ronkonkoma Industrial Space for Lease

      103,000 SF R&D Space Available
      101-125 Comac St, Ronkonkoma, NY 11779
      View Details
    • $14 SF/Yr
      2,000 SF

      Ronkonkoma Flex/Industrial Space Available

      2,000 SF flex/industrial space for lease in Ronkonkoma.
      1951 Ocean Ave, Ronkonkoma, NY 11779
      View Details
    • $17 SF/Yr
      4,100 SF

      Ronkonkoma Flex Space Available

      Multi-tenant building with suites near Long Island Expressway.
      10 Drew Ct, Ronkonkoma, NY 11779
      View Details
    • Contact for pricing
      5,000 SF

      Ronkonkoma Industrial Flex Space

      5,000 SF flex space available for rent.
      3385 Veterans Memorial Hwy, Ronkonkoma, NY 11779
      View Details
    • Contact for pricing

      Proposed Warehouse in Central Suffolk

      75,432 SF warehouse building slated for completion in 2024.
      3175 Veterans Memorial Hwy, Ronkonkoma, NY 11779
      View Details
    • $14 SF/Yr
      3,000 SF

      Ronkonkoma Industrial Space Available

      3,000 square feet of industrial space for lease.
      856 Johnson Ave, Ronkonkoma, NY 11779
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    90 Remington Blvd
    Ronkonkoma, NY 11779-6910
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.