130 Railroad St, Huntington Station, NY 11746

"130-138 Railroad Street is an attractive opportunity for both Users, Investors, and 1031 Buyers. The property is 30,500 SF on 1.54 Acres within I5 Heavy Industrial Zoning, allowing a variety of industrial uses and permits legal outdoor storage. The current CO’s permit Autobody, Auto Repair, & Vehicle Storage, which frequently generate premium rents. The building currently has 3 tenants but contains 6 meters for electric and water and can easily be demised down to 6 units if desired.

The Property serves a niche Northwest Suffolk industrial submarket that’s home to large concentration of small businesses and regional/national franchises. The average rental rate in the submarket is $21.45 PSF (outperforming the rest of Long Island by over 11%) with only a 4% vacancy rate (far lower than the 5.8% vacancy rate of broader Long Island). There have been no new industrial projects in the area for the last 10+ years and it’s highly unlikely the town will rezone more industrial, making this Property extremely rare and in high demand. This is one of the best maintained and most desirable multi-tenant industrial buildings in Huntington.

For a User, the building can be delivered with a 10,000 SF end cap unit vacating in May 2026. This unit boasts 4 oversized drive-in doors with full drive-through capability as well as 10,000 SF of yard space. The unit also contains ~1,000 SF of bonus 2nd floor office (not included in the SF).

For an Investor, the below-market TKX Performance lease comprising 10,000 SF expires in May and can be resigned at Fair Market Value, lifting the NOI to approximately $487,500. Caliber Collision and TKX Performance are on landlord friendly modified gross lease structures, while Autosport Design operates on a NNN lease structure."