Medical Office Condo with Exam
For Sale
Contact for pricing
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 Market98
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
(631) 770-0700
Listed By:
Mark Pawlitschek
(631) 921-8527
Source:
Moodyscre
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 28 at 10:51AM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$43,759
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$875,180
$875.2K
Cap Rate 7%
$625,129
$625.1K
Cap Rate 9%
$486,211
$486.2K
Market Conditions
NOI Build-Up for 2,736 SF
Gross rent
$84.7K $30.96/SF
− Vacancy
−$11.8K −$4.30/SF
EGI
$72.9K $26.66/SF
− OpEx
−$29.2K −$10.66/SF
NOI
$43.8K $15.99/SF
Area
Suffolk County, NY
Vacancy
13.90%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$875,180
Cap Rate 7%
$625,129
Cap Rate 9%
$486,211
Alternative Uses
Best Use
Office B
$672.1K
$588.1K – $784.1K
NOI $47,047 @ 7.0% cap · market cap 9.60%
Second Best
Healthcare Medical
$625.1K
$547.0K – $729.3K
NOI $43,759 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$833.5K
$729.3K – $972.4K
NOI $58,346 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
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
