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110 Motor Pky 3.4 Acres of Commercial Land Offered at $7,000,000 in Hauppauge, NY 11788
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present for sale Lot 4.2 of 110 Motor Parkway, a ±3.41-acre development parcel located in Hauppauge, NY. Formerly utilized as overflow parking for the adjacent hotel, the site offers significant development potential at the entrance to the Long Island Innovation Park, directly off the Long Island Expressway (I-495). The property is located within the Light Industrial (LI) zoning district and the Hauppauge Industrial Park Overlay, which supports a variety of commercial uses. Included in the offering are conceptual plans for a 144-room hotel, which were previously approved by the Town of Smithtown with variances related to floor area ratio, building height, and guest room density. While the prior zoning approvals have since expired, the plans offer a valuable framework for reapplication and refinement, subject to Site Plan Review and reapproval by the Town.
PROPERTY FACTS
| Price | $7,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 3.40 AC |
| Zoning | LI - Light Industry | ||
| Price | $7,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.40 AC |
| Zoning | LI - Light Industry |
1 LOT AVAILABLE
Lot
| Price | $7,000,000 | Lot Size | 3.40 AC |
| Price Per AC | $2,058,823.53 |
| Price | $7,000,000 |
| Price Per AC | $2,058,823.53 |
| Lot Size | 3.40 AC |
Prime Development Site: ±3.41-acre parcel with prior entitlements for hotel use. Formerly Approved for a 144-Key Hotel: conceptual plans included in offering.
1 1
PROPERTY TAXES
| Parcel Number | 0800-181-00-02-00-004-002 | Improvements Assessment | $0 |
| Land Assessment | $5,916 | Total Assessment | $5,916 |
PROPERTY TAXES
Parcel Number
0800-181-00-02-00-004-002
Land Assessment
$5,916
Improvements Assessment
$0
Total Assessment
$5,916
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110 Motor Pky
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