Geothermal HVAC Office
For Sale
$1,650,000
910 Montauk Highway, Shirley, NY 11967
Energy-efficient geothermal HVAC and a partial basement support flexible office, medical, dental, and food-service configurations.
Property Size6,488 SF
Lot Size0.37 Acres
Price / SF$254.32
Days on Market891
Property Features for 910 Montauk Highway
General Information
Standard status
Active
Size
6,488 SF
Lot size
0.37 Acres
Property subtype
Commercial
Zoning
J-6
Additional Details
Utilities to Site
Yes
Amenities
geothermal HVAC system
professionally landscaped
partial basement
Building Details
Building Size
6,488 SF
Year Built
2007
Buildings
1
Stories
2
Listing Agency:
John Liberti Real Estate
(631) 281-4578
Listed By:
John W. Liberti Jr CRB CRS · License #10301211081
Source:
Cohenandcohenrealty
Added: Feb 20, 2024
Changed: Jul 30
Last Checked: Jul 30 at 11:46AM
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 John Liberti Real Estate
Investment Insights
Based on property information with market context.
This office building was built in 2007 and offers flexible configuration for a single-tenant use or multiple suites. The property totals 6,488 SF and can be set up as one tenant, or divided into up to four separate units, with two on the main level and two on the upper level. The concept also includes two common areas. A partial basement is available with both interior and exterior access.
Designed for modern operations, the building is served by sewer and features an energy-saving geothermal HVAC system. It sits on a professionally landscaped 100' x 160' corner lot with ample parking. The property is offered under J-6 zoning, with permitted uses including medical, dental, restaurant, office, retail, and full food-service.
A long-term lease may be considered for qualified medical and/or food-service tenants.
Designed for modern operations, the building is served by sewer and features an energy-saving geothermal HVAC system. It sits on a professionally landscaped 100' x 160' corner lot with ample parking. The property is offered under J-6 zoning, with permitted uses including medical, dental, restaurant, office, retail, and full food-service.
A long-term lease may be considered for qualified medical and/or food-service tenants.
Key Highlights
- 6,488 SF office building built in 2007
- Geothermal HVAC system for energy efficiency
- J‑6 zoning supports medical, dental, restaurant, office, retail, and full food‑service uses
Financial Insights For Specialty 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 | $168.9k | $26.04 |
| − Vacancy | −$11.7k | −$1.80 |
| EGI | $157.3k | $24.24 |
| − OpEx | −$39.3k | −$6.06 |
| NOI | $118.0k | $18.18 |
6,488 SF · lease $26.04/SF/yr · vacancy 6.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.69M
$1.47M – $1.97M
NOI $117,968 @ 7.0% cap · market cap 7.15%
Second Best
Office B
$1.59M
$1.39M – $1.86M
NOI $111,564 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,358 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Explore this area
Business Placement
Demographics for 11967, NY
26,213
Population
8,922
Households
2.9
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
13.2 sq mi
ZIP Area
1,986
Density / Sq Mi
$106,810
Median Household Income
$52,515
Median Earnings
$2,157
Median Rent
$386,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Energy-efficient geothermal HVAC and a partial basement support flexible office, medical, dental, and food-service configurations.
Where is this office building located?
The property is located at 910 Montauk Highway Shirley, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 6,488 SF office building built in 2007; Geothermal HVAC system for energy efficiency; J‑6 zoning supports medical, dental, restaurant, office, retail, and full food‑service uses
