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Medical Office Condo with Exam Rooms
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250 Patchogue Yaphank Rd, East Patchogue, NY 11772

Medical office condominium offering six fully equipped exam rooms, private washrooms, and a dedicated medical testing area.

Property Size2,736 SF
Price / SF$179.09
Days on Market7

Property Features for 250 Patchogue Yaphank Rd

General Information

Standard status Active
Size 2,736 SF
Property subtype OFFICE
Listing Agency: Metro Realty Services LLC
Listed By: Mark Pawlitschek
Source: Moodyscre
Added: Jul 24 Changed: Jul 30 Last Checked: Jul 30 at 11:23AM

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 Metro Realty Services LLC

Investment Insights

Based on property information with market context.

This medical office condominium is designed for day-to-day clinical operations, featuring six fully equipped exam rooms, each with a private washroom. The interior includes an expansive reception and waiting area, two private offices suitable for physicians or administrative use, and a dedicated medical testing area to support in-office care. A staff lunchroom and generous storage throughout the space add to workflow efficiency.

The unit also includes seven bathrooms total, supporting multiple patient and staff use points within the layout.

With its medical-ready layout and condominium configuration, the space is well suited for healthcare providers seeking an established facility for examinations, testing, and administrative functions.

Key Highlights

  • Six fully equipped exam rooms, each with a private washroom
  • Seven bathrooms total
  • Expansive reception and waiting area

Financial Insights For Healthcare Medical

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 $84.7k $30.96
− Vacancy −$11.8k −$4.30
EGI $72.9k $26.66
− OpEx −$29.2k −$10.66
NOI $43.8k $15.99
2,736 SF · lease $30.96/SF/yr · vacancy 13.90% · expense 40.00%

Alternative Uses

Best Use
Office B
$672.1K
$588.1K – $784.1K (±1% cap)
NOI $47,047 @ 7.0% cap · market cap 9.60%
Second Best
Healthcare Medical
$625.1K
$547.0K – $729.3K (±1% cap)
NOI $43,759 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$833.5K
$729.3K – $972.4K (±1% cap)
NOI $58,346 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Pollick Sharon A DMD ... Dental Office Shawn P Shannon ... Dental Office East Endodontic Dental ... Dental Office Dr. Mitul R. ... Physician accelerated orthodontics Dental Office

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

870
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11772, NY

44,459
Population
18,478
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
89%
High-School Grad
16.1 sq mi
ZIP Area
2,761
Density / Sq Mi
$105,246
Median Household Income
$55,170
Median Earnings
$2,015
Median Rent
$450,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Similar Off Market Nearby

  • Bellport Animal Hospital — 250 Sunrise Hwy, East Patchogue, NY 11772

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office condominium offering six fully equipped exam rooms, private washrooms, and a dedicated medical testing area.
Where is this medical office space located?
The property is located at 250 Patchogue Yaphank Rd East Patchogue, NY.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Six fully equipped exam rooms, each with a private washroom; Seven bathrooms total; Expansive reception and waiting area
(631) 921-8527 Call to check price and availability
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