Dunkirk Realty has sold a 10-acre prime industrial development site in the Long Island community of Hauppauge, N.Y.
Link Logistics Real Estate purchased the asset, and the sales price was not disclosed.
The Hauppauge development site is located at 88 Parkway Drive South and 90 Davids Drive within the Hauppauge Industrial Park Overlay District’s Light Industrial zone, which encourages the further growth within the Hauppauge Industrial Park and has very accretive as-of-right standards for industrial development. This infill Suffolk County location is less than one mile to the Long Island Expressway junction and just off the Northern State Parkway, providing accessibility to Manhattan within a 40-minute drive and allowing future tenancy to reach 9.1 million people within a 60-minute drive.
The site’s light industrial zoning allows an investor to construct up to 184,107 square feet with a 35-foot maximum building height and accretive setback requirements. The pr
