Turn-Key Medical Office
8 Technology Drive #103 East Setauket, NY 11733
8 Technology Drive #103, East Setauket, NY, 11733
$999,995
For Sale
$999,995
Ground-floor suite previously used by a medical practitioner, offered turn-key and suitable for build-to-suit expansion.
Property Size2,500 SF
Price / SF$399
Days on Market438
Property Features for 8 Technology Drive #103
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1988
Listing agency
Voro LLC
(631) 935-2689
Listed by
Imtiaz Vesamia
(631) 935-2689
Source
Cohenandcohenrealty
Added: May 11, 2025 Updated: Jul 22 at 6:15PM Checked: Jul 22 at 6:15PM
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 Voro LLC
Investment Insights
Based on property information with market context.
This for-sale ground-floor office suite is offered turn-key and includes a layout that was previously used by a medical practitioner. Suite 103 is designed for straightforward patient or customer access, and a potential buyer may also be able to expand the space with proper permits.
The property is located at 8 Technology Drive, Suite 103, in East Setauket, NY.
In addition to the sale offering, the suite is also available for an NNN lease.
The property is located at 8 Technology Drive, Suite 103, in East Setauket, NY.
In addition to the sale offering, the suite is also available for an NNN lease.
Key Highlights
- 2,500 SF ground‑floor suite previously used by a medical practitioner
- Turn‑key office suite offered for the correct clientele or for build‑to‑suit use
- Suite 103 previously occupied by a medical practitioner
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 | $69.9k | $27.96 |
| − Vacancy | −$12.6k | −$5.03 |
| EGI | $57.3k | $22.93 |
| − OpEx | −$14.3k | −$5.73 |
| NOI | $43.0k | $17.20 |
2,500 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$614.1K
$537.4K – $716.5K
NOI $42,989 @ 7.0% cap · market cap 4.30%
Second Best
Healthcare Medical
$571.2K
$499.8K – $666.4K
NOI $39,985 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$761.6K
$666.4K – $888.6K
NOI $53,313 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Sunil Dhuper
Physician
Dr. Donna Gentile
Dental Office
Refined Medical
Gym & Fitness Center
complete health medical ...
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Ground-floor suite previously used by a medical practitioner, offered turn-key and suitable for build-to-suit expansion.
Where is this office units located?
The property is located at 8 Technology Drive #103 East Setauket, NY.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: 2,500 SF ground‑floor suite previously used by a medical practitioner; Turn‑key office suite offered for the correct clientele or for build‑to‑suit use; Suite 103 previously occupied by a medical practitioner
