160 Bethpage Sweet Hollow Rd - Warehouse FOR SALE
Old Bethpage, NY 11804 |
$10,800,000 USD
212-430-5196
160 Bethpage Sweet Hollow Rd
Old Bethpage, NY 11804
HIGHLIGHTS
- 48,530 SF - 3.32 AC - 2 MW of Electrical Service - 5 Drive-in doors - 2 Loading docks - 3 Elevators - 4 Pit Furnaces - Varying clear of 18' 20' & 30'
- Long-Standing Operating Stability — More than five decades of continuous regional presence supporting durable tenancy and deep workforce roots.
- Mission-Critical Production Role — Core processes directly tied to aerospace and defense supply chains, supporting high-value, long-cycle programs.
- Institutional-Grade Backing — Supported by Lincotek’s global platform, providing financial strength and long-term operational investment.
- Significant Relocation Barriers — Specialized equipment, OEM approvals, and infrastructure needs create high switching costs and long-term stability.
- Additional Undeveloped Land — There is an additional 0.9-acre parcel of land at the rear of the property that could be further developed
OVERVIEW
Marcus & Millichap is pleased to present for sale 160 Bethpage–Sweet Hollow Road, a single-tenant NNN industrial asset leased to Hitemco in Old Bethpage, NY.
Hitemco offers an array of special coating and surface finishing processes, spanning multiple industries. The business has developed a particular expertise in diffusion coatings — offering silicide, aluminide, chromide, and platinum — while the thermal spray capabilities encompass HVOF and most plasma processes. Hitemco has become a key coating and surface finishing provider in the aerospace, ground-based turbine, nuclear, and hydrogen fuel cell industries, realizing an impressive customer portfolio in both commercial and military sectors.
FOR SALE DETAILS
PRICE
$10,800,000 USD
PRICE/SF
$223 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hitemco, Old Bethpage, NY
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1964
UTILITIES
Lighting, Gas - Natural, Water - County, Sewer - County, Heating - Gas
CLEAR CEILING HT
18 Ft
DOCKS
2
DRIVE INS
5
PARKING SPACES
83
LAND DETAILS
LAND ACRES
2.42
LAND SF
105,415
ZONING
LI (Light Industrial)
APN/PARCEL ID
2489-47-A-00-0282-0
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212-430-5196
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212-430-5196
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