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    OFF-MARKET
    Office Spaces

    354 Veterans Memorial Hwy, Commack, NY 11725

    10,500 SF 0.61 ac lot Built 1980
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1980
    Total area 10,500 SF
    Lot 0.61 ac (26,572 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Jenny Kay Travel Travel Agency
    • Megan Haas ND Physician Alternative Medicine Practice
    • Island Rehabilitation Chiro Alternative Medicine Practice
    • CPR & First Aid classes Commack NY Training Center Vocational School
    • Jennifer Digianni Foster Care Service Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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