240 INDUSTRIAL AVE E
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Location
240 INDUSTRIAL AVE E
Mblu
148/ 3155/ 240/ /
Parcel ID
B06300
Owner
LOWELL INDUSTRIAL AVENUE LLC
PBN
Total Market Value
$7,269,000
Appraisal
$7,269,000
Internal ID
34982
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$5,340,900$1,928,100$7,269,000
Assessment
Valuation YearImprovementsLandTotal
2026$5,340,900$1,928,100$7,269,000

Owner of Record
OwnerLOWELL INDUSTRIAL AVENUE LLC
Co-Owner
Address7248 MORGAN RD
LIVERPOOL, NY 13088
Sale Price$30,500,000
Certificate
Book & Page 39287/0134
Sale Date05/14/2025
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
LOWELL INDUSTRIAL AVENUE LLC$30,500,000 39287/01341V05/14/2025
LOWELL INDUSTRIAL AVENUE LLC$30,500,000 00239/01611V05/14/2025
ATLANTIC OLIVER II 240 INDUSTRIAL AVE LLC C/O OLIVER ST CAPITAL LLC$19,000,000 00231/00461V10/12/2021
INTERSTATE CONTAINER LOWELL LLC$1,875,000 23669/01911F01/07/2010
INTERSTATE CONTAINER LOWELL LLC$1,875,000 00203/00411B01/07/2010

Building Information
Building 1 : Section 1
Year Built: 1963
Living Area: 167,079
Replacement Cost: $10,412,588
Building Percent Good: 66
Replacement Cost
Less Depreciation:

$6,872,300
Building Attributes
FieldDescription
Style:Warehouse
ModelIndustrial
GradeBelow Average
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Brick/Masonry
Roof StructureSteel Frm/Trus
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseWarehouse
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4010
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 167,079 167,079
ULPLoading Platform, Unfinished 11,568 0
   178,647 167,079

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET164442.00 S.F.$86,8001
A/CAIR CONDITION11880.00 UNITS$13,1001
MEZ1MEZZANINE-UNF1500.00 S.F.$6,6001
MEZ2FINISHED450.00 S.F.$3,0001

Land
Land Use
Use Code4010
DescriptionWarehouse  
ZoneGI
NeighborhoodC900
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)9.95
Frontage0
Depth0
Total Market Land$1,928,100
Appraised Value$1,928,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  150000.00 S.F.$33,8001
LT1LIGHTS-IN W/PL  11.00 UNITS$7,6001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$4,909,200$1,802,500$6,711,700
2024$4,650,200$1,715,800$6,366,000
2023$4,477,500$1,559,800$6,037,300

Assessment
Valuation YearImprovementsLandTotal
2025$4,909,200$1,802,500$6,711,700
2024$4,650,200$1,715,800$6,366,000
2023$4,477,500$1,559,800$6,037,300

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