15 Technology DrSetauket- East Setauket, NY 11733

Property Details for 15 Technology Dr

Lot size

0.16 AC

Property type

Office properties

Property subtype

Other office properties

APN

0200-307.00-05.00-005.000

APU

200307000500005000

Description

This exceptional industrial property, located at 15 Technology Drive in East Setauket, NY 11733, offers a versatile space ideal for a variety of businesses. The property consists of a single-tenant industrial unit totaling 13,600 square feet, divisible to a minimum of 6,800 square feet. Situated on a three-acre lot within the Stony Brook Technology Center, this building boasts a 17-foot clear ceiling height, providing ample vertical space for storage or operations. The property features one drive-in door, gas heat, and 200-amp electrical service. Ample parking is available for employees and clients. The property is zoned J-1 and is currently available for sale. Real estate taxes are currently under certiorari review. This location offers easy access to Route 347 (Nesconset Highway), placing your business within minutes of Stony Brook University and Hospital, providing a strategic advantage for businesses seeking proximity to a skilled workforce and major medical facilities. The property is part of a larger 40,000 square foot building, offering potential for expansion or collaboration. Utilities are separately metered for efficient cost management.

• CAP approach

  CAP return

  Valuation

  6%

  $1,152,349

  6.5%

  $1,063,707

  7%

  $987,728

• Comparable approach

  Method

  Valuation

  Relative Method

  $910,700

  Geo Method

  $910,700

• Alternative Use

  Use

  Valuation

  Residential

  $1,318,997

  Hospitality

  $1,208,194

  Educational

  $1,005,203

  Medical

  $1,039,774

  Retail

  $1,563,649

Location Insight

City

East Setauket

County

Suffolk

State

New York

Latitude

40.898

Longitude

-73.087

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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