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1550 Smithtown Ave 13,000 SF Industrial Building Bohemia, NY 11716 $3,100,000 ($238.46/SF) 4.87% Cap Rate

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EXECUTIVE SUMMARY

Prime Industrial Lease Opportunity – 1550 Smithtown Avenue, Bohemia, NY
?? AMAZING OPPORTUNITY – Industrial Space with Loading Docks & Ample Parking! ??
Located in the heart of Bohemia’s industrial corridor, this 13,500 SF brick-and-block building offers high-functionality, ample parking, and top-tier infrastructure, making it ideal for warehousing, distribution, or manufacturing.
Property Highlights:
? Total Building Size: 13,500 SF
? Warehouse Space: 9,000 SF
? Office & Showroom: 800 SF office + mezzanine showroom (total 9,000 SF)
? HVAC: (2) 15-ton front units & (2) 5-ton rear units
? New Roof – Recently updated for durability & efficiency
? Parking: 16 dedicated spaces
? Loading Docks: 2 rear docks for seamless logistics
? Ceiling Height: Ideal for industrial operations
? Taxes: $21,000/year
? Lease Terms: $15,000/month (6-month lease available)
This versatile space is perfect for businesses looking for immediate occupancy in a prime Long Island industrial location.
?? Contact us today for more details or to schedule a tour! ??516-779-8900

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS Under Contract

Price $3,100,000
Price Per SF $238.46
Sale Type Investment
Cap Rate 4.87%
Sale Condition Lease Option
Property Type Industrial
Property Subtype
Distribution
  • Showroom
Building Class B
Lot Size 0.82 AC
Rentable Building Area 13,000 SF
No. Stories 2
Year Built 1988
Tenancy Single
Parking Ratio 1.23/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 1
Zoning IN1 - Discover an exceptional industrial space at 1550 Smithtown Avenue, formerly homeIndustrial, 16 spaces with 2 Loading Docks in REAR AMAZING OPPORTUNITY

AMENITIES

  • Signage

UTILITIES

  • Lighting
  • Gas - Natural
  • Water
  • Sewer
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0500-172-00-01-00-041-004
Land Assessment
$33,200
Improvements Assessment
$66,000
Total Assessment
$99,200
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 34864631

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 1550 Smithtown Ave, Bohemia, NY 11716

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