354 Veterans Memorial Hwy Commack, NY 11725
- Office Properties & Spaces
- 10,500 SF
- 0.61 lot acres
Current Use by Public Records
- Jenny Kay Travel / Travel Agency
- Megan Haas ND / Alternative Medicine Practitioner / Service Establishment
- Island Rehabilitation Chiro / Chiropractor
- CPR & First Aid classes Commack NY / Emergency Training
- Jennifer Digianni / Social Worker
Property Details for 354 Veterans Memorial Hwy
- Year built
- 1980
- Lot size
- 0.61 lot acres
- Property size
- 10,500 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional investment opportunity presents a 10,500-square-foot office building situated on a 0.61-acre lot at 354 Veterans Memorial Hwy, Commack, NY 11725. Built in 1980, this property is ideally suited for executive or medical office use, offering significant potential for growth and return. The asking price is $2,500,000, representing a compelling price per square foot of $238.10. The property boasts a strong net operating income (NOI) of $117,632, translating to an attractive cap rate of 4.71%. This makes it an ideal addition to any investor's portfolio seeking stable income and appreciation potential in the thriving Commack market. The building's location in Suffolk County provides easy access to major transportation routes and a diverse range of amenities. This is a rare opportunity to acquire a well-maintained, income-producing asset in a prime location. Detailed financial statements are available upon request. Don't miss this chance to secure a valuable piece of commercial real estate in a highly sought-after area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Commack
- County
- Suffolk
- State
- New York
- Longitude
- -73.2608
- Latitude
- 40.8324
