Professional Office Building on Route
For Sale
$875,000
1814 Middle Country Road, Ridge, NY 11961
SINGLE_FAMILY - Ridge, NY
Property Size3,486 SF
Lot Size0.44 Acres
Price / SF$251
Days on Market203
Property Features for 1814 Middle Country Road
General Information
Property type
Residential
Property subtype
Office
Parking
21
Parking features
Parking Lot
Standard status
Active
APN
0200-350-00-02-00-004-000
Size
3,486 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16941
Utilities
Utilities
Electricity Available
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Number of units
4
Building materials
Brick
Listing Agency:
Realty Connect USA LI Inc
(631) 881-5160
Listed By:
Paul M. Perrone
(631) 759-8850
Added: Jan 15
Changed: May 12
Last Checked: Aug 6 at 3:06PM
MLS# 951873
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,486 SF professional office building is located on Middle Country Road (Route 25) in Ridge, New York. The property contains four units, labeled A through D. One suite of approximately 1,800 SF is designed for owner-user occupancy, with additional lease-up potential. The building is zoned J4 Business, allowing for a variety of professional and business office uses, including medical, financial, and service-oriented businesses. The site provides 21 on-site parking spaces and signage exposure along a primary commercial corridor in Suffolk County. Traffic data for Middle Country Road (Route 25) reports an Annual Average Daily Traffic (AADT) of 7,528 in 2023 and an estimated AADT of 7,131 in 2024, with a truck percentage of 6%. The property is situated on a 0.44-acre lot. The property presents a hybrid owner-user or value-add opportunity with frontage on Route 25. The J4 zoning provides flexibility. The location is in a strong Long Island professional office market, with near-term vacancy upside and stabilized cash flow potential.
Key Highlights
- Highly visible location on Middle Country Road (Route 25) with NYSDOT‑verified traffic counts.
- Hybrid owner‑user/value‑add opportunity with a combined owner‑user suite of approximately 1,800 SF and additional lease‑up potential.
- Flexible J4 Business zoning permits a wide range of professional and business office uses (medical, financial, service‑oriented).
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,943
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,198,860
$1.2M
Cap Rate 7%
$856,329
$856.3K
Cap Rate 9%
$666,033
$666.0K
Market Conditions
NOI Build-Up for 3,486 SF
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.
Gross rent
$97.5K $27.96/SF
− Vacancy
−$17.5K −$5.03/SF
EGI
$79.9K $22.93/SF
− OpEx
−$20.0K −$5.73/SF
NOI
$59.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,198,860
Cap Rate 7%
$856,329
Cap Rate 9%
$666,033
Alternative Uses
Best Use
Office B
$856.3K
$749.3K – $999.1K
NOI $59,943 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$929.3K – $1.24M
NOI $74,340 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Explore this area
Business Placement
Demographics for 11961, NY
13,042
Population
6,142
Households
2.1
Avg Household Size
53
Median Age
31%
College-Educated
94%
High-School Grad
15.0 sq mi
ZIP Area
869
Density / Sq Mi
$86,134
Median Household Income
$56,351
Median Earnings
$1,984
Median Rent
$402,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - 3,486 SF office building with owner-user suite and lease-up upside.
Where is this office building located?
The property is located at 1814 Middle Country Road Ridge, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Highly visible location on Middle Country Road (Route 25) with NYSDOT‑verified traffic counts.; Hybrid owner‑user/value‑add opportunity with a combined owner‑user suite of approximately 1,800 SF and additional lease‑up potential.; Flexible J4 Business zoning permits a wide range of professional and business office uses (medical, financial, service‑oriented).
