5499-5505 Nesconset Hwy Mount Sinai, NY 11766
This exceptional multi-tenant medical office building, located at 5499-5505, 5507 Nesconset Highway in the Mount Sinai/Port Jefferson submarket of Suffolk County, offers a unique leasing opportunity. The property boasts a total of 131,396 square feet, with a significant 61,577 square feet currently vacant and available for lease. Spaces range from a minimum of 646 square feet to a maximum contiguous space of 45,409 square feet, providing flexibility for various medical practices and businesses. Eleven individual spaces are currently available. The building's diverse property type designation encompasses retail, office, and industrial uses, making it suitable for a wide range of tenants. Ample parking is provided with 570 spaces available for tenants and visitors. This prime location in a thriving medical submarket presents an excellent opportunity for businesses seeking high-visibility space and convenient access for patients and clients. The property's size and layout offer significant potential for expansion or consolidation, catering to both established practices and emerging healthcare providers. Interested parties are encouraged to inquire about available space and lease terms. The property is currently designated for lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.