Character Office Building with
For Sale
$858,000
20 Manor Road, Smithtown, NY 11787
Two-level layout includes private offices, conference space, and on-site parking.
Property Size2,268 SF
Days on Market66
Property Features for 20 Manor Road
General Information
Standard status
Active
Size
2,268 SF
Taxes and HOA fees
Annual Taxes
$13,754
Amenities
Central Air
Baseboard
Finished
Building Details
Building Size
2,268 SF
Year Built
1927
Listing Agency:
Daniel Gale Sothebys Intl Rlty
Listed By:
Michael Tucker
(516) 428-9505
Source:
Evrealestate
Added: Aug 6
Changed: Oct 5
Last Checked: Oct 9 at 8:35PM
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 Daniel Gale Sothebys Intl Rlty
Investment Insights
Based on property information with market context.
This converted professional office building provides 2,268 SF across two floors, with a finished basement adding workspace or storage capacity. The first floor includes a conference room, three private offices, and a bathroom, while the second floor adds three more private offices and a second bathroom. The property is delivered vacant and was built in 1927.
Located at 20 Manor Rd in Smithtown, the building is near downtown shops, restaurants, banks, and municipal services, with access to major roadways. On-site parking supports staff and visitors. The existing configuration is suited to medical, legal, financial, and other professional office uses.
Located at 20 Manor Rd in Smithtown, the building is near downtown shops, restaurants, banks, and municipal services, with access to major roadways. On-site parking supports staff and visitors. The existing configuration is suited to medical, legal, financial, and other professional office uses.
Key Highlights
- 2,268 SF converted professional office building delivered vacant
- Six private offices and a conference room across two floors
- Finished basement provides additional workspace or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,725
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,500
$1.1M
Cap Rate 7%
$796,071
$796.1K
Cap Rate 9%
$619,167
$619.2K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$88.5K $39.00/SF
− Vacancy
−$14.2K −$6.24/SF
EGI
$74.3K $32.76/SF
− OpEx
−$18.6K −$8.19/SF
NOI
$55.7K $24.57/SF
Area
Smithtown, NY
Vacancy
16.00%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,500
Cap Rate 7%
$796,071
Cap Rate 9%
$619,167
Alternative Uses
Best Use
Office B
$796.1K
$696.6K – $928.8K
NOI $55,725 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,304 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,829
Businesses Nearby
Explore this area
Business Placement
Demographics for 11787, NY
35,361
Population
12,147
Households
2.9
Avg Household Size
45
Median Age
51%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
2,373
Density / Sq Mi
$141,505
Median Household Income
$64,248
Median Earnings
$2,349
Median Rent
$642,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Two-level layout includes private offices, conference space, and on-site parking.
Where is this office building located?
The property is located at 20 Manor Road Smithtown, NY.
What is the asking price?
The asking price for this property is $858,000.
What are key features of this property?
This property features: 2,268 SF converted professional office building delivered vacant; Six private offices and a conference room across two floors; Finished basement provides additional workspace or storage
