- /
0.4 Acres Lot
0.4 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY841512
Originating Board onekey2
Rental Info No
Year Built 1960
Annual Tax Amount $17,418
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Office
Property Description
Generating income with long-term tenants and strong potential returns (estimated cap rate of 6.18%), this value-add asset offers owner occupancy options, rent growth upside (targeting ~$3.39/SF), and NNN lease conversion potential. With ample parking, low vacancy, and a high-visibility location near Sunken Meadow State Park, this is an ideal opportunity for investors or professionals.
Several suites are available for immediate occupancy—perfect for medical, legal, or other professional users looking to own and operate in a high-traffic location. Occupy part of the building while collecting rent from existing tenants, creating a hybrid investment-use model with long-term upside.
Location
State NY
County Suffolk County
Rooms
Basement Finished, Partial, Storage Space, Walk-Out Access
Interior
Heating Ducts, Oil
Cooling Central Air, Electric
Flooring Brick, Combination, Concrete, Tile, Vinyl
Fireplace No
Exterior
Parking Features Attached, Common, Driveway, Off Street, Oversized, Parking Lot, Private, Shared Driveway
Fence Wood
Utilities Available Cable Available, Electricity Connected, Phone Available, Trash Collection Private, Water Connected
Building
Lot Description Cleared, Corner Lot, Near Golf Course, Paved, Private, Sloped, Stone/Brick Wall, Wooded
Story 3
Sewer Cesspool
Water Public
Structure Type Block,Brick,Frame,Stucco
Others
Special Listing Condition None
Looking for something different or have any questions? We'd love to hear from you.
Contact us today and someone will get back to you shortly!