For Sale
$2,400,000

75 Montauk Hwy Blue Point, NY 11715

Warehouse, Flex Space, Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Blue Point, NY industrial property, located at 75 Montauk Hwy, offers a compelling investment opportunity. The main building comprises 11,800 square feet of warehouse space, featuring 14-foot ceilings and a 14-foot drive-in door, ideal for various uses. The property sits on a 0.77-acre lot with 12 parking spaces and boasts 107 feet of frontage on the heavily trafficked Montauk Highway. A significant advantage is the inclusion of a separate, 2,000-square-foot retail building currently leased to an insurance company for $3,500 per month with three years remaining on the lease. This provides immediate rental income, potentially covering taxes, maintenance, and insurance. The main warehouse will be delivered vacant, perfect for an end-user. The property benefits from its proximity to Islip MacArthur Airport and major thoroughfares, surrounded by established businesses. Recent roof repairs and the J2 zoning designation add further value. Gas is available in the front unit, with oil in the rear. This property presents a rare combination of immediate income and significant potential for future growth. The asking price is $2,400,000.

Highlights

  • Industrial warehouse ideal for owner-occupancy with supplemental retail income.
  • High ceilings suitable for manufacturing or storage.
  • Modern, well-maintained building.
  • Long-term tenant with a three-year lease remaining.
  • Net positive cash flow from rental income.
  • One drive-in door.

Property Details for 75 Montauk Hwy

Property type
Warehouses, Industrial properties
Square Feet
13,800 SF
Lot Size (sq. ft)
33,541 SF

Location Insight

City
Blue Point
County
Suffolk
State
New York
Latitude
40.7539718
Longitude
-73.0381241

FAQs

What type of property is this?
Warehouse - Warehouse, Flex Space, Income Potential
Where is the warehouse located?
The property is located at 75 Montauk Hwy Blue Point, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Industrial warehouse ideal for owner-occupancy with supplemental retail income.; High ceilings suitable for manufacturing or storage.; Modern, well-maintained building.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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75 Montauk Hwy
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