289 E Main St, Smithtown, NY
5,676 SF medical office on 2.73 acres.
- Added:
- Oct 30, 2023
- Days on Market:
- 960
- Last Refresh:
- May 20 at 9:46 pm
Property Features for 289 E Main St
General Information
- Standard status
- Active
- Size
- 5,676 SF
- Lot size
- 2.27 Acres
- Property subtype
- OFFICE
Listing agent Jack Jawdat
Listing office New York Commercial Real Estate (631) 656-0360
Listing date Oct 30, 2023
Source Moodyscre
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HighLights
- 5,676 SF Building ideal for medical office use
- Situated on a spacious 2.73 Acre Lot
- Zoning permits Medical Office operations
- Ample Parking for staff and clients
- Good Condition, minimizing upfront costs
- Gas Heat / A/C ensures year‑round comfort
Overview
Local Financial Insights For Office B
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 | $221.4k | $39.00 |
| − Vacancy | −$35.4k | −$6.24 |
| EGI | $185.9k | $32.76 |
| − OpEx | −$46.5k | −$8.19 |
| NOI | $139.5k | $24.57 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Animal Hospital of Nesconset Dr. Mary Leister — 189 Terry Rd, Smithtown, NY 11787
Location Insight
- Map
- Local Demand
- City
- Smithtown
- County
- Suffolk
- State
- New York
- Longitude
- -73.1768
- Latitude
- 40.8551
