A two-acre development
site next to a planned 200,000 s/f Amazon warehouse in Syosset is being offered
Adelaide Polsinelli, vice chairman of Compass, has been hired to sell the industrial property located at 70 Gordon Drive, in Syosset, New York.
“With all the
attention being drawn to Amazon’s plan for the nearby Cerro Wire site, this
property offers smaller investors an opportunity to get in the game,” said
The Town of Oyster Bay recently approved a plan by Cerro Wire property owner Syosset Park Development to build a 200,000 s/f warehouse property to be rented by Amazon.
70 Gordon Drive is a 36,000
s/f industrial warehouse building situated in close proximity to the Long
Island Expressway, Long island Railroad, and Jericho Turnpike.
The Building is
currently occupied by three tenants who are all under short-term leases. With
ceiling heights soaring as high as 30, the property offers a potential user the
ability to accommodate storage and fulfillment needs. There is also parking for 60 cars as well as
this area was best known for its concentration of storage and warehouse tenants,”
noted Polsinelli. “With the retail and
sales landscape evolving, I am now seeing owner users stepping up as buyers to
purchase real estate for their own businesses.
“This is an extraordinary opportunity which
will benefit from the accelerated transition of sleepy warehouse buildings
meeting the increased demand for development of future fulfillment facilities.”
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