Medical Office Space with
For Sale
$699,999
3250 Sunrise Highway, East Islip, NY 11730
Separate patient and staff entrances support distinct access and day-to-day workflow.
Property Size3,116 SF
Price / SF$224.65
Days on Market181
Property Features for 3250 Sunrise Highway
General Information
Standard status
Active
Size
3,116 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
BUS1
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Turnkey
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$17,555
Amenities
wheelchair/stroller ramp
private office manager space
kitchen/break area
full basement
Building Details
Building Size
3,116 SF
Year Built
1972
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
BH&G R E Realty Connect
(631) 881-5160
Listed By:
Paul A. Musso SFR
(631) 865-7745
Source:
Croninreale
Added: Apr 29
Changed: Oct 25
Last Checked: Oct 23 at 4:41PM
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 BH&G R E Realty Connect
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Investment Insights
Based on property information with market context.
Configured for healthcare use, the space includes reception, multiple waiting rooms, three private exam rooms, a physician’s office, a lab and employee workstations. A vaccine refrigerator area, scale and eye-chart station, samples closet and additional storage support clinical and administrative functions. The premises also have a private office manager area, kitchen and break space, multiple restrooms, and a full basement with stairwell access. Separate patient and employee entrances, emergency exits, a wheelchair and stroller ramp, and designated accessible parking are provided. The property was built in 1972 and is zoned BUS1.
At 3250 Sunrise Highway in East Islip, the property fronts a heavily traveled corridor and includes a large parking lot. An application to the Town of Islip for medical office or similar use is pending approval.
At 3250 Sunrise Highway in East Islip, the property fronts a heavily traveled corridor and includes a large parking lot. An application to the Town of Islip for medical office or similar use is pending approval.
Key Highlights
- Three private exam rooms, multiple waiting rooms, a lab and physician’s office
- Full basement with stairwell access
- Separate entrances for patients and staff, plus multiple emergency exits
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,581
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,071,620
$1.1M
Cap Rate 7%
$765,443
$765.4K
Cap Rate 9%
$595,344
$595.3K
Market Conditions
NOI Build-Up for 3,116 SF
Gross rent
$87.1K $27.96/SF
− Vacancy
−$15.7K −$5.03/SF
EGI
$71.4K $22.93/SF
− OpEx
−$17.9K −$5.73/SF
NOI
$53.6K $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 Rate 5%
$1,071,620
Cap Rate 7%
$765,443
Cap Rate 9%
$595,344
Alternative Uses
Best Use
Office B
$765.4K
$669.8K – $893.0K
NOI $53,581 @ 7.0% cap · market cap 7.65%
Second Best
Healthcare Medical
$712.0K
$623.0K – $830.6K
NOI $49,837 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$949.3K
$830.6K – $1.11M
NOI $66,449 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 11730, NY
14,523
Population
5,230
Households
2.8
Avg Household Size
43
Median Age
39%
College-Educated
95%
High-School Grad
4.5 sq mi
ZIP Area
3,227
Density / Sq Mi
$146,190
Median Household Income
$64,934
Median Earnings
$2,508
Median Rent
$577,600
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Separate patient and staff entrances support distinct access and day-to-day workflow.
Where is this medical office space located?
The property is located at 3250 Sunrise Highway East Islip, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Three private exam rooms, multiple waiting rooms, a lab and physician’s office; Full basement with stairwell access; Separate entrances for patients and staff, plus multiple emergency exits
