Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Westhampton Storage Facility For Sale By Massey Knakal

05/17/2012

Massey Knakal Realty Services has been retained on an exclusive basis to offer the sale of a self storage facility located at 98 Depot Road in Westhampton Beach, NY, just off of Montauk Highway. The asking price is $10,000,000.

The property consists of four freestanding buildings with 543 units, totaling approximately 85,200 square feet. The buildings feature 10’ ceilings, alarms, sprinklers, and 24-hour surveillance cameras. The units vary in size from 5 x 5 to 10 x 40. Approximately 25% of these units are climate controlled with central air conditioning and oil heating, making them ideal storage opportunities for local wineries and restaurants to house excess inventory. Three of the buildings were constructed in 2002 and the fourth in 2009. The complex is strategically located next to the Westhampton train station.

For more information on this listing, contact Chairman Bob Knakal or Sales Team Manager Jonathan Hageman at 212.696.2500.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,200 transactions having a market value in excess of $15 billion.

www.masseyknakal.com

05/17/2012 - 09:33

Source

Cushman & Wakefield Capital Markets Group New York

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