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180 S Travis St - Lindenhurst Self-Storage 11,000 SF Specialty Building Offered at $2,100,000 at a 7% Cap Rate in Lindenhurst, NY 11757

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INVESTMENT HIGHLIGHTS

  • Diverse Inventory: 11,000 SF Boutique Operating Self-Storage Facility | 140 Units
  • Strategic Location: Located just off of S. Wellwood Ave & East Hoffman Ave, adjacent to Montauk Hwy & Southern State Park | Walkable to LIRR Station
  • Recently renovated to include an elevator, upgraded dial-pad doors & onsite parking | Concrete block construction
  • Attractive Investment: 2.71 Current Square Foot per Capita in a 3-mile radius (Tract ID Storage Site Report)
  • Upside Potential: Potential to increase revenue by raising below-market rental rates
  • Strong local demographics with a population of 268,468 and average household income of $161,966 within a 5-mile radius

EXECUTIVE SUMMARY

Current NOI: $147,100
Current Cap Rate 7.00%
Current/Market Rent NOI: $150,070
Current/Market Rent Cap Rate: 7.15%
For more details on this listing, please contact the lead agents:
Chris Travis (CTravis@ripcofl.com | 407.924.1408)
Jack Kaiser (JKaiser@ripcofl.com | 732.742.9250)

PROPERTY FACTS

Price $2,100,000
Price Per SF $190.91
Sale Type Investment
Cap Rate 7%
Property Type Specialty
Property Subtype
Self-Storage
  • Specialty Parking Lot
  • Specialty Contractor Storage Yard
Building Class C
Lot Size 0.26 AC
Building Size 11,000 SF
No. Stories 3
Year Built/Renovated 1940/2023
Parking Ratio 1/1,000 SF
Zoning Residence - C

AMENITIES

  • Property Manager on Site
Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0103-010-00-04-00-037-011
Land Assessment
$780
Improvements Assessment
$6,550
Total Assessment
$7,330
  • Listing ID: 36553630

  • Date on Market: 7/1/2025

  • Last Updated:

  • Address: 180 S Travis St, Lindenhurst, NY 11757

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