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Medical Office Building with Parking

1023 Pulaski Road Huntington, NY 11731

1023 Pulaski Road, Huntington, NY, 11731
Contact for pricing
For Sale
Contact for pricing
Pending

2,688 SF office building with partially finished basement, ADA rear ramp, four electric meters, and 15 parking spaces.

Property Size2,688 SF
Lot Size0.25 Acres
Days on Market179

Property Features for 1023 Pulaski Road

General Information

Standard status
Pending
Size
2,688 SF
Lot size
0.25 Acres
Property subtype
Office
Listing agency Winkler Real Estate Inc
Listed by Jamie Winkler
Source Crexi
Added: Jan 24 Updated: Jul 21 at 6:37PM Checked: Jul 21 at 6:37PM

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 Winkler Real Estate Inc


Investment Insights

Based on property information with market context.

This 2,688-square-foot commercial office building includes a partially finished basement and is presented for sale as an investment property only. The property is ADA compliant with a rear exterior ramp and includes one gas hot air boiler. There are four separate electric meters and individual HVAC systems serving each tenant suite, along with 15 parking spaces.

The building sits on the northwest corner of Pulaski Road and Irving Johnson Street in the hamlet of East Northport. The parcel is rectangular and includes 108+ feet of frontage along Pulaski Road and 127+ feet along Irving Johnson Street.

Three tenants are currently in place, consisting of a dentist, a stuttering and speech pathology center, and a social worker. Suite configurations total 2,236 SF across tenant spaces, with a common hallway included. Tenant leases include terms extending out to 12/31/2032, 12/31/2031, and 12/31/2028, each with respective options through later dates.

Key Highlights

  • 2,688 SF commercial office building with a partially finished basement
  • ADA compliant with rear exterior ramp; 15 parking spaces
  • Four separate electric meters and individual HVAC systems for each tenant

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $64.5k $24.00
− Vacancy −$13.0k −$4.82
EGI $51.5k $19.18
− OpEx −$12.9k −$4.79
NOI $38.7k $14.38
2,688 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$552.3K
$483.2K – $644.3K (±1% cap)
NOI $38,659 @ 7.0% cap · market cap 4.86%
Second Best
Healthcare Medical
$535.3K
$468.4K – $624.5K (±1% cap)
NOI $37,469 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$736.4K
$644.3K – $859.1K (±1% cap)
NOI $51,545 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Dental Office Law Firm Daycare Center Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Pharmacy Hotel & Motel Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - 2,688 SF office building with partially finished basement, ADA rear ramp, four electric meters, and 15 parking spaces.
Where is this office units located?
The property is located at 1023 Pulaski Road Huntington, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 2,688 SF commercial office building with a partially finished basement; ADA compliant with rear exterior ramp; 15 parking spaces; Four separate electric meters and individual HVAC systems for each tenant
Contact an agent
(631) 650-0900 Call to check price and availability
More about this property
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