Office Suite with Reception
For Sale
$399,999
6268 Jericho Turnpike #1, Commack, NY 11725
A three-room office layout includes dedicated reception and waiting areas.
Property Size1,000 SF
Price / SF$399
Days on Market261
Property Features for 6268 Jericho Turnpike #1
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Zoning
C6
Taxes and HOA fees
Annual Taxes
$3,853
Amenities
reception area
waiting area
bathroom
Building Details
Building Size
1,000 SF
Listing Agency:
North Star Realty Assoc LLC
(516) 942-2003
Listed By:
Devi N. Yee
(347) 556-8606
Source:
Croninreale
Added: Feb 6
Changed: Oct 23
Last Checked: Oct 23 at 9:55AM
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 North Star Realty Assoc LLC
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Investment Insights
Based on property information with market context.
This office unit is arranged with three rooms, a reception area, a waiting area, and a bathroom. Parking is available on site.
The property is at 6268 Jericho Turnpike #1 in Commack, New York, and is zoned C6.
The property is at 6268 Jericho Turnpike #1 in Commack, New York, and is zoned C6.
Key Highlights
- Three‑room office configuration
- Reception and waiting areas
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,195
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,900
$343.9K
Cap Rate 7%
$245,643
$245.6K
Cap Rate 9%
$191,056
$191.1K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$28.0K $27.96/SF
− Vacancy
−$5.0K −$5.03/SF
EGI
$22.9K $22.93/SF
− OpEx
−$5.7K −$5.73/SF
NOI
$17.2K $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%
$343,900
Cap Rate 7%
$245,643
Cap Rate 9%
$191,056
Alternative Uses
Best Use
Office B
$245.6K
$214.9K – $286.6K
NOI $17,195 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.6K
$266.6K – $355.4K
NOI $21,325 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
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Business Placement
Demographics for 11725, NY
28,838
Population
9,452
Households
3.1
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
9.7 sq mi
ZIP Area
2,973
Density / Sq Mi
$168,324
Median Household Income
$79,098
Median Earnings
$2,358
Median Rent
$643,000
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A three-room office layout includes dedicated reception and waiting areas.
Where is this office unit located?
The property is located at 6268 Jericho Turnpike #1 Commack, NY.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Three‑room office configuration; Reception and waiting areas; On‑site parking
