96-122 Railroad Ave - Freestanding FOR SALE


Center Moriches, NY 11934
$14,000,000 USD
631-394-0733
96-122 Railroad Ave, Center Moriches, NY for Sale
$14,000,000 USD
Freestanding - FOR SALE
1/36
null | 2.39% Cap Rate

Sep '26


96-122 Railroad Ave
Center Moriches, NY 11934


HIGHLIGHTS

  • RARE 3.7 Acres INDUSTRIAL COMPLEX on LONG ISLAND NY
  • FULLY LEASED w. EXISTING N.O.I ~ $350,000k ANNUALLY
  • FULLY APPROVED PLANS for ~55,000 S. Ft. SELF- STORAGE FACILITY **INCLUDED**
  • PRIME CENTRAL LONG ISLAND / HAMPTONS ADJACENT LOCATION
  • 4 CORNER SIGNALIZED INTERSECTION w. UNOBTRUCTED SIGNAGE OPPORTUNITIES
  • INVESTMENT GRADE DEVELOPMENT or CORPORATE HEADQUATERS / DISTRIBUTION OPPORTUNITY

OVERVIEW

*** RARE LONG ISLAND EXISTING INDUSTRIAL & SELF STORAGE DEVELOPMENT OPPORTUNITY *** PRIME INVESTMENT OPPORTUNITY located on high HAMPTONS ADJACENT/EAST END V.P.D. COMMUTER & PEDESTRIAN Corridor. Property location provides rapid access to Route 495/Long Island Expressway and Route 27/ Sunrise Hwy. Property comes with current tenancy and an impressive existing NOI of ~$334,000 ANNUALLY *** ALSO INCLUDED is (~55,000 SQ.FT) PRE-APPROVED SELF - STORAGE APPROVED PLANS!*** A very rare opportunity to acquire an existing income-producing property with significant additional development potential. ** PRE APPROVED & SHOVEL READY plans are included with the sale. The SELF STORAGE facility can be constructed by the purchaser, or the Seller is willing to negotiate construction of the approved facility. Prime large scale investor asset on LONG ISLANDS EAST END, an established CASH FLOWING LOCATION ALREADY POSITIONED FOR FUTURE GROWTH... INVESTMENT GRADE Large Scale Commercial/Corporate Headquarters in prime location. Past tenants include Leasing for such Hamptons events as: National Film & Production Crews; NY News Organizations; 2026 US Golf Open; Hampton Classic Horse Show and various third party contractors for HAMPTONS SUMMER DEMOGRAPICS. *Included in this sale are three separate lots with the following tax map numbers: Tax ID/APN: 0200-829-00-03-00-009-000 Tax ID/APN:0200-829-00-03-00-008-000 Tax ID/APN:0200-829-00-03-00-006-000 ** SERIOUS INUIRIES CALL FOR ADDITIONAL DETAILS & FINANCIALS **

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$2,500 USD /SF

CAP RATE

2.39%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

INVESTMENT GRADE SELF STORAGE or DEVELOPMENT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

126

LAND DETAILS

LAND ACRES

3.7 AC

LAND SF

161,172 SF

ZONING

L-1

APN/PARCEL ID

0200-829-00-03-00-008-000

ASK ABOUT THIS PROPERTY

Todd RomanoTerry Real Estate NY LLCMore Info
631-394-0733

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Todd RomanoTerry Real Estate NY LLCMore Info
631-394-0733

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