Renovated Upper-Level Office
For Sale
Contact for pricing
655 Middle Country Road #D, Smithtown, NY 11780
The 2,117-square-foot layout combines open workspace, a private office, and a separate kitchen.
Property Size6,000 SF
Price / SF$0.74
Days on Market30
Property Features for 655 Middle Country Road #D
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Office
Additional Details
Property Use
Office
Amenities
private office
private kitchen
mini-split HVAC
shared restrooms
separate entrance
Listing Agency:
Signature Premier Properties
(631) 422-3100
Listed By:
Stacy L. McFadden · License #10301206471
(917) 613-9604
Source:
Neilcharlesrealestate
Added: Oct 2
Changed: Oct 30
Last Checked: Oct 30 at 3:17PM
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 Signature Premier Properties
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Investment Insights
Based on property information with market context.
Suite D is an upper-level professional office suite measuring approximately 2,117 square feet. Its layout includes an expansive open work area, a separate private office, and a private kitchen. Individual mini-split heating and air conditioning serve the suite, which also has a separate entrance from the common hallway and access to shared restrooms. Dedicated on-site parking is provided.
Additional suites of approximately 450 square feet, 395 square feet, and 82 square feet are also available. They may be combined with Suite D for a total of approximately 3,044 square feet, with the existing layout retained.
Additional suites of approximately 450 square feet, 395 square feet, and 82 square feet are also available. They may be combined with Suite D for a total of approximately 3,044 square feet, with the existing layout retained.
Key Highlights
- Approximately 2,117 SF in Suite D
- Open workspace, private office, and private kitchen
- Individual mini‑split heating and A/C throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,420
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,948,400
$2.9M
Cap Rate 7%
$2,106,000
$2.1M
Cap Rate 9%
$1,638,000
$1.6M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$234.0K $39.00/SF
− Vacancy
−$37.4K −$6.24/SF
EGI
$196.6K $32.76/SF
− OpEx
−$49.1K −$8.19/SF
NOI
$147.4K $24.57/SF
Area
Smithtown, NY
Vacancy
16.00%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,948,400
Cap Rate 7%
$2,106,000
Cap Rate 9%
$1,638,000
Alternative Uses
Best Use
Office B
$2.11M
$1.84M – $2.46M
NOI $147,420 @ 7.0% cap · market cap 3,342.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.72M
$3.25M – $4.33M
NOI $260,064 @ 7.0% cap · market cap 5,897.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
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Business Placement
Demographics for 11780, NY
15,508
Population
5,907
Households
2.6
Avg Household Size
48
Median Age
52%
College-Educated
96%
High-School Grad
11.5 sq mi
ZIP Area
1,349
Density / Sq Mi
$141,576
Median Household Income
$72,287
Median Earnings
$2,322
Median Rent
$702,900
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 - The 2,117-square-foot layout combines open workspace, a private office, and a separate kitchen.
Where is this office unit located?
The property is located at 655 Middle Country Road #D Smithtown, NY.
What are key features of this property?
This property features: Approximately 2,117 SF in Suite D; Open workspace, private office, and private kitchen; Individual mini‑split heating and A/C throughout
