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Corner Office Condominium Unit

100-10 S Jersey Ave Setauket-East, Setauket, NY 11733

For Sale
New
$275,000

Zoned for office and medical use, the suite includes a reception area, two private offices, and a private restroom.

Property Size700 SF
Price / SF$392.86
Days on Market2

Property Features for 100-10 S Jersey Ave Setauket-East

General Information

Standard status Active
Size 700 SF
Property subtype Commercial

Additional Details

Public Transit Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $3,905

Building Details

Building Size 700 SF
Stories 1
Listing Agency: Better Homes & Gardens Real Estate Realty Connect
Listed By: Sandi M. Bellucci
Source: Elliman
Added: Nov 8 Last Checked: Nov 8 at 2:20PM

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 Better Homes & Gardens Real Estate Realty Connect

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Investment Insights

Based on property information with market context.

This 700-square-foot corner unit is part of Heritage Square Condominium Office Complex. Its layout includes an entry waiting area, reception space, two private offices, a storage closet, and a private bathroom. The unit is zoned for office and medical use and is available for occupancy in January 2027.

The property is near Stony Brook Hospital and a train station, with parking available at the complex.

Key Highlights

  • 700‑square‑foot corner unit in Heritage Square Condominium Office Complex
  • Office and medical zoning
  • Entry waiting area, reception space, two private offices, storage closet, and private bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,037
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,740 $240.7K
Cap Rate 7%
$171,957 $172.0K
Cap Rate 9%
$133,744 $133.7K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$19.6K $27.96/SF
− Vacancy
−$3.5K −$5.03/SF
EGI
$16.0K $22.93/SF
− OpEx
−$4.0K −$5.73/SF
NOI
$12.0K $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%
$240,740
Cap Rate 7%
$171,957
Cap Rate 9%
$133,744

Alternative Uses

Best Use
Office B
$172.0K
$150.5K – $200.6K (±1% cap)
NOI $12,037 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$213.3K
$186.6K – $248.8K (±1% cap)
NOI $14,928 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility Parking Lot & Garage Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

785
Businesses Nearby

Demographics for 11733, NY

17,967
Population
6,547
Households
2.7
Avg Household Size
46
Median Age
63%
College-Educated
97%
High-School Grad
11.7 sq mi
ZIP Area
1,536
Density / Sq Mi
$174,931
Median Household Income
$76,192
Median Earnings
$2,386
Median Rent
$653,100
Median Home Value

Market

Average Price Trend$/SF for Office Units in Suffolk County, NY

$511 Jul
$614 Aug
$658 Sep
$595 Oct

Properties on Market for Office Units in Suffolk County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Zoned for office and medical use, the suite includes a reception area, two private offices, and a private restroom.
Where is this office unit located?
The property is located at 100-10 S Jersey Ave Setauket-East Setauket, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 700‑square‑foot corner unit in Heritage Square Condominium Office Complex; Office and medical zoning; Entry waiting area, reception space, two private offices, storage closet, and private bathroom
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