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Smithtown Office Building For Sale

9 Brooksite Dr Smithtown, NY 11787

9 Brooksite Dr, Smithtown, NY, 11787
Contact for pricing
For Sale
Contact for pricing
Pending

9,800 SF office building available for purchase.

Property Size9,800 SF
Days on Market656

Property Features for 9 Brooksite Dr

General Information

Standard status
Pending
Size
9,800 SF
Property subtype
Office

Building Details

Year Built
1985
Listing agency Colliers - Long Island/Jericho, New York
Listed by Steven D'Orazio · License #40DO1095219
Source Crexi
Added: Oct 4, 2024 Updated: Jul 6 at 8:10AM Checked: Jul 21 at 4:14AM

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 Colliers - Long Island/Jericho, New York


Investment Insights

Based on property information with market context.

This commercial real estate offering features a 9,800 square foot office building available for sale.

Key Highlights

  • For sale
  • Year built: 1985

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 $382.2k $39.00
− Vacancy −$61.2k −$6.24
EGI $321.0k $32.76
− OpEx −$80.3k −$8.19
NOI $240.8k $24.57
9,800 SF · lease $39.00/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.44M
$3.01M – $4.01M (±1% cap)
NOI $240,786 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.07M
$5.31M – $7.08M (±1% cap)
NOI $424,771 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Belding Franco Gleason ... Pediatrician Gleason Francis X ... Pediatrician St Catherine of Siena Medical Laboratory Northwell Health Physician ... Physician Lawrence Martin Lieblich, ... Physician

Suggested Use

Furniture & Home Goods Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hotel & Motel (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - 9,800 SF office building available for purchase.
Where is this office building located?
The property is located at 9 Brooksite Dr Smithtown, NY.
What is the asking price?
The asking price for this property is $3,340,000.
What are key features of this property?
This property features: For sale; Year built: 1985
Contact an agent
More about this property
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