Professional Office Building with
For Sale
Contact for pricing
8 Manor Road, Smithtown, NY 11787
Well-maintained office building with multiple private offices, conference room, and rear parking for employees and visitors.
Property Size3,500 SF
Price / SF$314.29
Days on Market141
Property Features for 8 Manor Road
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Office
Listing Agency:
AK Commercial Propertie
Listed By:
Kim Calcaterra · License #10991233856
Source:
Crexi
Added: Jun 2
Changed: Oct 2
Last Checked: Oct 19 at 7:08AM
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 AK Commercial Propertie
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Investment Insights
Based on property information with market context.
This for-sale professional office building offers approximately 3,500 square feet and is described as well maintained. The interior configuration includes multiple private offices, a spacious conference room, and a kitchenette, making the layout workable for owner-users and professional teams. The property also includes a rear parking lot sized to accommodate employees and visitors.
The building is located at 8 Manor Road in Smithtown and is positioned for convenient access to Main Street, Landing Avenue, and the Smithtown LIRR Station. The offering is presented as being in an established business corridor with emphasis on accessibility and visibility.
From a tenant or buyer-fit standpoint, the space is presented as suitable for professional office uses and for users that commonly require dedicated rooms for individual work and meetings, supported by the conference room and private office layout. It may also appeal to medical, legal, and financial office users based on the stated intended use category. All property specifications, including measurements, are noted as not guaranteed; prospective buyers are advised to verify details during due diligence.
The building is located at 8 Manor Road in Smithtown and is positioned for convenient access to Main Street, Landing Avenue, and the Smithtown LIRR Station. The offering is presented as being in an established business corridor with emphasis on accessibility and visibility.
From a tenant or buyer-fit standpoint, the space is presented as suitable for professional office uses and for users that commonly require dedicated rooms for individual work and meetings, supported by the conference room and private office layout. It may also appeal to medical, legal, and financial office users based on the stated intended use category. All property specifications, including measurements, are noted as not guaranteed; prospective buyers are advised to verify details during due diligence.
Key Highlights
- 3,500 SF professional office building offered at $1,100,000
- Multiple private offices plus a spacious conference room for client meetings and team use
- Includes a kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,995
Cap Rate
7.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,719,900
$1.7M
Cap Rate 7%
$1,228,500
$1.2M
Cap Rate 9%
$955,500
$955.5K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$136.5K $39.00/SF
− Vacancy
−$21.8K −$6.24/SF
EGI
$114.7K $32.76/SF
− OpEx
−$28.7K −$8.19/SF
NOI
$86.0K $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%
$1,719,900
Cap Rate 7%
$1,228,500
Cap Rate 9%
$955,500
Alternative Uses
Best Use
Office B
$1.23M
$1.07M – $1.43M
NOI $85,995 @ 7.0% cap · market cap 7.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,704 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,829
Businesses Nearby
Explore this area
Business Placement
Demographics for 11787, NY
35,361
Population
12,147
Households
2.9
Avg Household Size
45
Median Age
51%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
2,373
Density / Sq Mi
$141,505
Median Household Income
$64,248
Median Earnings
$2,349
Median Rent
$642,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office building with multiple private offices, conference room, and rear parking for employees and visitors.
Where is this office building located?
The property is located at 8 Manor Road Smithtown, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,500 SF professional office building offered at $1,100,000; Multiple private offices plus a spacious conference room for client meetings and team use; Includes a kitchenette
