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    221 David Ct Riverhead, NY 11933

    Sponsored
    For Lease
    $18 SF/Yr

    Spacious Suffolk County Office, 37,000 SF Available

    Lot size:
    74,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office space, located at 221 David Court in Suffolk County, offers a substantial 37,000 square feet of immediately available space within a larger 74,000 square foot building. The property sits on a generous 14-acre lot and boasts 300 parking spaces, ensuring ample convenience for employees and clients. The building is equipped for heavy power demands, making it suitable for a wide range of businesses. The current asking price includes HVAC and electric, minimizing operational costs. This impressive space is highly divisible, with the possibility of creating units as small as 10,000 square feet, offering flexibility for businesses of various sizes. The entire second floor is currently available for lease. Property taxes are a competitive $2 per square foot. The building's multiple tenancy structure provides a vibrant and collaborative environment. This prime location and versatile space present a unique opportunity for businesses seeking a modern and efficient workspace in Suffolk County. The property is currently listed for lease and offers a significant opportunity for a company seeking to establish or expand its presence in the area. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 221 David Ct

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    74,000 SF
    Total Rate
    111000

    Unit(s) available at that property

    Space
    Entire 2nd Floor
    Size
    37,000 SF
    Rate per SF
    $18

    HighLights

    • 74,000 SF office building in Suffolk County.
    • 37,000 SF of vacant space available for lease.
    • Divisible to 10,000 SF units.
    • Second floor is entirely vacant and divisible.
    • Includes HVAC and electric in lease price.
    • 14‑acre lot with 300 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Portable Technology Solutions Software Company

    Suggested Use

    Restaurant Auto Repair Shop Building Supply Department Store Kitchen & Bath Food Market Storage Facility Grocery Store Convenience Store Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.7907069
    Latitude
    40.9151987

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious Suffolk County Office, 37,000 SF Available
    Where is this office property / space located?
    The property is located at 221 David Ct Riverhead, NY.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 74,000 SF office building in Suffolk County.; 37,000 SF of vacant space available for lease.; Divisible to 10,000 SF units.
    Request Owner's contact information
    221 David Ct Riverhead, NY 11933
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    Riverhead, NY 11933
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    221 David Ct Riverhead, NY 11933
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