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Class A Industrial Building For Sale 55 Mall Dr

58,888 SF 54% Leased Industrial Building Commack, NY 11725 £14,162,345 (£240/SF) 3.78% Net Initial Yield

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Investment Highlights

For more details and to arrange a viewing, potential buyers can contact Carmine LiBretti at (631) 879-1814.

Executive Summary

59,448 sq. ft. on 4.63 Acres, with 27,000 sq. ft. available for a new owner to use.
Combined Tenants pay a total of $684,461 annually:
Office Tenant in 17,000 sq. ft. paying - $374,445 annually thru 7/2025
Warehouse Tenant in 15,000 sq. ft. paying $310,461 annually starting 9/2024
30% office
18' clear
2 docks with levelers
2 drive in
Fully racked
1200 Amps 120/280 Volts
Gas heat
Fully sprinklered
1031 Exchange from buyer welcome but not needed

55 Mall Drive Commack - OM For Sale

Financial Summary (Actual - 2024) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Net Operating Income	-	-

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Price	£14,162,345	Lot Size	4.63 AC
Price Per SF	£240	Rentable Building Area	58,888 SF
Sale Type	Investment or Owner User	Number of Floors	1
Net Initial Yield	3.78%	Year Built/Renovated	1968/2009
Sale Conditions	1031 Exchange	Parking Ratio	5.5/1,000 SF
Property Type	Industrial	Clear Ceiling Height	18 ft
Property Subtype	Distribution Industrial Manufacturing Industrial Warehouse Industrial Service	No. Dock-High Doors/Loading	2
Building Class	B	Level Access Doors	2

Price	£14,162,345
Price Per SF	£240
Sale Type	Investment or Owner User
Net Initial Yield	3.78%
Sale Conditions	1031 Exchange
Property Type	Industrial
Property Subtype	Distribution Industrial Manufacturing Industrial Warehouse Industrial Service
Building Class	B
Lot Size	4.63 AC
Rentable Building Area	58,888 SF
Number of Floors	1
Year Built/Renovated	1968/2009
Parking Ratio	5.5/1,000 SF
Clear Ceiling Height	18 ft
No. Dock-High Doors/Loading	2
Level Access Doors	2

Amenities

Signage

Gas - Natural
Sewer - Septic Field
Heating - Gas

1 of 1

aerial
map

55 Mall Dr, Commack, NY - aerial map view

PROPERTY TAXES

Parcel Numbers	Multiple 0800-180-00-02-00-001-004 0800-180-00-02-00-001-005	Improvements Assessment	£52,283 (2023)
Land Assessment	£3,599 (2023)	Total Assessment	£55,883 (2023)