231 Commack RdCommack, NY 11725

  • Mixed-use properties
  • 0.62 AC
For Lease

Property Details for 231 Commack Rd

Lot size
0.62 AC
Zone code
C6
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
0400-225.00-02.00-069.000
APU
400225000200069000

Description

This exceptional commercial property at 231 Commack Road in Suffolk County offers a rare opportunity to lease executive office space in a vibrant retail environment. The building totals 2,610 square feet, currently entirely vacant and available for lease as a whole or in divisible units. Flexible lease terms are available for spaces ranging from a minimum of 750 square feet to a maximum contiguous space of 1,860 square feet, catering to businesses of various sizes. The property's strategic location on Commack Road ensures high visibility and accessibility, benefiting from over 42,000 vehicles passing daily. Ample on-site parking is provided both in front and at the rear of the building, ensuring convenient access for clients and employees. The property type is classified as Retail, Office, with subtypes including Executive Office, Shopping Center, and Street Retail, making it suitable for a diverse range of businesses. This presents a unique chance to establish a presence in a high-traffic area with excellent parking and flexible space options. The building's multiple tenancy structure allows for a diverse and thriving business community. Inquire today to secure your ideal space in this prime Commack location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,536,679
    6.5%
    $5,110,780
    7%
    $4,745,725
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,469,538
    Geo Method
    $5,469,538
  • Alternative Use

    Use
    Valuation
    Residential
    $5,110,780
    Hospitality
    $4,681,448
    Educational
    $3,894,910
    Medical
    $4,028,862
    Retail
    $6,058,748
231 Commack Rd, Commack, New York
Leaflet | © OpenStreetMap contributors

Location Insight

City
Commack
County
Suffolk
State
New York
Latitude
40.837
Longitude
-73.2953
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$3,075
$3,425
$6,500
-
$5,591
$6,227
$11,818

FAQs

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