Self Storage 2 Specialty Properties in Amityville, NY

This self-storage portfolio offering consists of two adjacent facilities located at 185 Sunrise and 491 Broadway, together totaling approximately 71,000 net rentable square feet. The properties operate as a cohesive asset, with the main management office located at 185 Sunrise, just a five-minute walk from the Broadway location, allowing for efficient oversight and operations. The storage component is fully climate-controlled and serviced by four freight elevators, enhancing tenant accessibility and operational efficiency.
In addition to self-storage income, the portfolio includes four fully leased residential apartments and two fully occupied office units, providing diversified and stable cash flow. For year-end 2025, the portfolio generated $1,220,000 in gross revenue with an NOI of $775,000, reflecting an NOI margin of approximately 65%. This offering represents a rare opportunity to acquire a stabilized self-storage portfolio in New York with meaningful upside potential through more active management and occupancy optimization.
The asset is supported by strong and dense demographics, with a five-mile population of approximately 311,000 and a favorable square-foot-per-capita ratio of 3.75, underscoring continued demand for storage in the market.