Office Condo with Reception
1215 Montauk Hwy Oakdale, NY 11769
1215 Montauk Hwy, Oakdale, NY, 11769
$350,000
For Sale
$350,000
Bright office condo in Oakdale Commons with lobby, reception, conference room, two private offices, and restroom.
Property Size1,307 SF
Price / SF$267.79
Days on Market374
Property Features for 1215 Montauk Hwy
General Information
- Standard status
- Active
- Size
- 1,307 SF
- Property subtype
- Office
Listing agency
Realty Connect USA L I Inc
(631) 948-3115
Listed by
JoAnn Spatola
(631) 948-3115
Source
Xome
Added: Jul 14, 2025 Updated: Jul 21 at 6:39AM Checked: Jul 22 at 3:40AM
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 Realty Connect USA L I Inc
Investment Insights
Based on property information with market context.
This well-maintained office condo is located within Oakdale Commons Shopping Center and includes approximately 1,307 square feet of bright professional space. The layout features a lobby and reception area, open work space, a conference room, two private offices, and a restroom. The space is flexible and can support professional office use, and the property remarks note it may also be used for retail.
The property is positioned near the Oakdale LIRR Station on Montauk Hwy, offering excellent visibility on a busy main road with plenty of parking. The remarks also indicate convenient access to major roads and nearby shops and restaurants.
Common charges are listed as $300 per month. The property is being offered for sale at $350,000.
The property is positioned near the Oakdale LIRR Station on Montauk Hwy, offering excellent visibility on a busy main road with plenty of parking. The remarks also indicate convenient access to major roads and nearby shops and restaurants.
Common charges are listed as $300 per month. The property is being offered for sale at $350,000.
Key Highlights
- 1307 SF office condo in Oakdale Commons Shopping Center on Montauk Hwy near the Oakdale LIRR Station
- Layout includes lobby, reception area, work space, conference room, 2 private offices, and a restroom
- Central air cooling and heating system noted (heating value: 3)
Local Financial Insights For Retail
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 | $39.2k | $30.00 |
| − Vacancy | −$2.7k | −$2.07 |
| EGI | $36.5k | $27.93 |
| − OpEx | −$11.0k | −$8.38 |
| NOI | $25.6k | $19.55 |
1,307 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$365.0K
$319.4K – $425.9K
NOI $25,553 @ 7.0% cap · market cap 7.30%
Second Best
Office B
$321.1K
$280.9K – $374.6K
NOI $22,474 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$398.2K
$348.4K – $464.5K
NOI $27,872 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Bright office condo in Oakdale Commons with lobby, reception, conference room, two private offices, and restroom.
Where is this office units located?
The property is located at 1215 Montauk Hwy Oakdale, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1307 SF office condo in Oakdale Commons Shopping Center on Montauk Hwy near the Oakdale LIRR Station; Layout includes lobby, reception area, work space, conference room, 2 private offices, and a restroom; Central air cooling and heating system noted (heating value: 3)
