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1385 Akron St 10,125 SF Flex Building Copiague, NY 11726 $2,395,000 ($236.54/SF)



INVESTMENT HIGHLIGHTS
- Large gated parking lot with rolling gate entrances on two streets.
- 12' x 12' grade level drive in doors.
- 6,500 SF available immed, entire 10,125 SF available within 1 year.
- Walk to LIRR and bus.
- Entrances on three sides for access to office, service counter and warehouse.
EXECUTIVE SUMMARY
Owner would do a 1031 exchange for sale
Would want at least 6 months to close, but open to leasing short-term after contingencies are satisfied to buyer before closing
6,500 SF available immed, entire 10,125 SF available within 1 year.
Would want at least 6 months to close, but open to leasing short-term after contingencies are satisfied to buyer before closing
6,500 SF available immed, entire 10,125 SF available within 1 year.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$27,540
|
$2.72
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$27,540
|
$2.72
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $27,540 |
| Annual Per SF | $2.72 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $27,540 |
| Annual Per SF | $2.72 |
PROPERTY FACTS Under Contract
| Price | $2,395,000 | Lot Size | 0.55 AC |
| Price Per SF | $236.54 | Rentable Building Area | 10,125 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 1963 |
| Property Type | Flex | Parking Ratio | 1.78/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 12’8” |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | I - Industrial | ||
| Price | $2,395,000 |
| Price Per SF | $236.54 |
| Sale Type | Owner User |
| Sale Condition | 1031 Exchange |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.55 AC |
| Rentable Building Area | 10,125 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 1.78/1,000 SF |
| Clear Ceiling Height | 12’8” |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I - Industrial |
UTILITIES
- Gas
- Heating - Gas
1 1
PROPERTY TAXES
| Parcel Number | 0100-198-00-01-00-025-000 | Total Assessment | $8,100 (2024) |
| Land Assessment | $1,650 (2024) | Annual Taxes | $27,540 ($2.72/SF) |
| Improvements Assessment | $6,450 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
0100-198-00-01-00-025-000
Land Assessment
$1,650 (2024)
Improvements Assessment
$6,450 (2024)
Total Assessment
$8,100 (2024)
Annual Taxes
$27,540 ($2.72/SF)
Tax Year
2023
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1385 Akron St
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