Professional Office
For Sale
$426,000
1-6268 Jericho Tpke, Commack, NY 11725
Approximately 1,000 square feet with private offices, reception, waiting, and restroom areas.
Property Size1,000 SF
Price / SF$426
Days on Market218
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Property Features for 1-6268 Jericho Tpke
General Information
Standard status
Active
Size
1,000 SF
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,853
Listing Agency:
Keller Williams Rlty Landmark
Listed By:
Jiawen Shi
(718) 475-2700
Source:
Exprealty
Added: Mar 12
Changed: Oct 8
Last Checked: Oct 15 at 2:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Rlty Landmark
Investment Insights
Based on property information with market context.
This commercial office condominium provides approximately 1,000 square feet of professional workspace in a practical multi-room configuration. The interior includes several private offices along with dedicated reception and waiting areas, supporting a range of medical, professional, and service-oriented operations. A private restroom is also included.
The property is positioned on Jericho Turnpike in Commack, with exposure to daily traffic and access to major roadways. Surrounding commercial establishments add to the established business setting, while ample on-site parking supports employees, clients, and visitors. The space may suit an owner-user or investor seeking a professional office asset in Long Island.
The property is positioned on Jericho Turnpike in Commack, with exposure to daily traffic and access to major roadways. Surrounding commercial establishments add to the established business setting, while ample on-site parking supports employees, clients, and visitors. The space may suit an owner-user or investor seeking a professional office asset in Long Island.
Key Highlights
- Approximately 1, 000 sq ft of professional office space
- Multiple private offices with reception and waiting areas
- Private restroom included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,195
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,900
$343.9K
Cap Rate 7%
$245,643
$245.6K
Cap Rate 9%
$191,056
$191.1K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$28.0K $27.96/SF
− Vacancy
−$5.0K −$5.03/SF
EGI
$22.9K $22.93/SF
− OpEx
−$5.7K −$5.73/SF
NOI
$17.2K $17.20/SF
Area
Suffolk County, NY
Vacancy
18.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,900
Cap Rate 7%
$245,643
Cap Rate 9%
$191,056
Alternative Uses
Best Use
Office B
$245.6K
$214.9K – $286.6K
NOI $17,195 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.6K
$266.6K – $355.4K
NOI $21,325 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Explore this area
Business Placement
Demographics for 11725, NY
28,838
Population
9,452
Households
3.1
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
9.7 sq mi
ZIP Area
2,973
Density / Sq Mi
$168,324
Median Household Income
$79,098
Median Earnings
$2,358
Median Rent
$643,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Approximately 1,000 square feet with private offices, reception, waiting, and restroom areas.
Where is this office units located?
The property is located at 1-6268 Jericho Tpke Commack, NY.
What is the asking price?
The asking price for this property is $426,000.
What are key features of this property?
This property features: Approximately 1, 000 sq ft of professional office space; Multiple private offices with reception and waiting areas; Private restroom included
