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1560 Fifth Ave 49,812 SF 100% Leased Industrial Building Bay Shore, NY 11706 For Sale
INVESTMENT HIGHLIGHTS
- Fully Air Conditioned
- ESFR Sprinkler System
- Tremendous Exposure
- 24' clear ceiling height in Warehouse
- Heavy power distributed
- Very Clean / New Bathrooms and Kitchens
EXECUTIVE SUMMARY
This is an Investment Listing for sale with two tenants occupying the entire building. This clean, high-end, flex/warehouse building is fully tenanted with a strong rent roll through February of 2030. We are scheduling inspections starting next week. Please contact me with any questions and to arrange for your inspection.
PROPERTY FACTS
| Sale Type | Investment NNN | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Warehouse | Parking Ratio | 1.81/1,000 SF |
| Building Class | A | Clear Ceiling Height | 24’ |
| Lot Size | 3.00 AC | No. Dock-High Doors/Loading | 4 |
| Rentable Building Area | 49,812 SF | No. Drive In / Grade-Level Doors | 3 |
| Zoning | IND1 | ||
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 3.00 AC |
| Rentable Building Area | 49,812 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 1.81/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | IND1 |
AMENITIES
- 24 Hour Access
- Bus Line
- Fenced Lot
- Signage
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Manufacturing
- 20,000 SF
- $20.00
- Triple Net
- Feb 2030
At Chembio, their mission is to be a leader in the development, manufacture and commercialization of diagnostic solutions. They are dedicated to delivering exceptional products that provide ease of use, and rapid and accurate results at the point-of-care (POC). As a global company, we are committed to innovation and the highest quality standards.
- Orbic
- Manufacturing
- 29,812 SF
- $20.00
- Triple Net
- Feb 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Manufacturing | 20,000 SF | $20.00 | Triple Net | Feb 2030 | |
| Orbic | Manufacturing | 29,812 SF | $20.00 | Triple Net | Feb 2030 |
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PROPERTY TAXES
| Parcel Number | 0500-245-00-01-00-005-000 | Improvements Assessment | $345,800 |
| Land Assessment | $93,200 | Total Assessment | $439,000 |
PROPERTY TAXES
Parcel Number
0500-245-00-01-00-005-000
Land Assessment
$93,200
Improvements Assessment
$345,800
Total Assessment
$439,000
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