40 Ranick Rd - Warehouse FOR SALE


Hauppauge, NY 11788
$8,999,999 USD
516-857-8013
40 Ranick Rd, Hauppauge, NY for Sale
$8,999,999 USD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

40 Ranick Rd
Hauppauge, NY 11788


HIGHLIGHTS

  • WITH 2,000 AMPS OF POWER, 16' CLEAR CEILING HEIGHT, AND 2 LOADING DOCKS, THE ASSET LENDS ITSELF WELL TO BOTH DISTRIBUTION OR MANUFACTURING USES.

OVERVIEW

PPG AS EXCLUSIVE BROKER IS PLEASED TO ANNOUNCE THE AVAILABILITY OF 40 RANICK ROAD IN HAUPPAUGE, NY FOR SALE. SITUATED ON A FUNCTIONAL 2 ACRE PLOT, THE BUILDING IS +/- 35,760 SQFT AND HAS IMMEDIATE ACCESS TO THE LONG ISLAND EXPRESSWAY. WITH 2,000 AMPS OF POWER, 16' CLEAR CEILING HEIGHT, AND 2 LOADING DOCKS, THE ASSET LENDS ITSELF WELL TO BOTH DISTRIBUTION OR MANUFACTURING USES. THE CURRENT TENANT, POLY CRAFT INDUSTRIES, HAS 18 MONTHS LEFT ON THEIR LEASE, WITH NO RENEWALS, AND THEY ARE PAYING $12.00 PSF NNN. THE BUILDING WOULD BE AVAILABLE TO A USER IN SEPTEMBER OF 2025 MAKING FOR A PHENOMENAL OPPORTUNITY TO COLLECT RENT FROM A STABLE TENANT FOR THE NEXT 18 MONTHS AND OCCUPY THE BUILDING UPON ITS VACANCY. PLEASE CONTACT US FOR MORE INFORMATION OR TO SCHEDULE A TOUR.

FOR SALE DETAILS

PRICE

$8,999,999 USD

PRICE/SF

$252 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

UTILITIES

Heating - Oil (Fired)

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

IND1

APN/PARCEL ID

0500-023-00-02-00-005-000

ASK ABOUT THIS PROPERTY

Jeff SchwartzbergPremier Commercial Real EstateMore Info
516-857-8013

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Jeff SchwartzbergPremier Commercial Real EstateMore Info
516-857-8013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.