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40 Ranick Rd

35,760 SF 100% Leased Industrial Building Hauppauge, NY 11788 For Sale

Investment 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.

Executive Summary

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.

Attachments

40 RANICK RD

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 2.00 AC
Rentable Building Area 35,760 SF
Number of Floors 1
Year Built 1953
Parking Ratio 2/1,000 SF
Clear Ceiling Height 16 ft
No. Dock-High Doors/Loading 2
Level Access Doors 1

Utilities

  • Heating - Oil (Fired)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0500-023-00-02-00-005-000
Land Assessment
£86,585
Improvements Assessment
£187,469
Total Assessment
£274,054

zoning

Zoning Code IND1 (Industrial)
IND1 (Industrial)
  • Listing ID: 31156204

  • Date on Market: 07/03/2024

  • Last Updated:

  • Address: 40 Ranick Rd, Hauppauge, NY 11788

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