150 Motor Pkwy Hauppauge, NY 11788
- Office buildings
- 11.28 lot acres
Current Use by Public Records
- Joshua Maziarz, EXP Realty / Real Estate Agent / Real Estate Consultant
- Suffolk County Dental Society / Association / Organization
- U.S. Bank-Ann Mondrone-Mortgage Loan Officer / Mortgage Lender
- Law Office of Patrick Delgado, P.C. / Real Estate Attorney / Estate Planning Attorney
- Paul Kalker, Esq, P.C. / Attorney
Property Details for 150 Motor Pkwy
- Lot size
- 11.28 lot acres
- Zone code
- B
- Property type
- Office buildings
- APN
- 0800-181.00-02.00-001.027
- APU
- 800181000200001027
Description
This exceptional Class A office space, located at 150 Motor Parkway, 4th Floor, Hauppauge, NY 11788, offers a variety of flexible options within a vibrant business community. The 16,584 square foot building boasts 350 suites, with 5,970 square feet currently available. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The building underwent renovations in 2019 and features modern amenities including elevators. Situated in Suffolk County within Hauppauge Industrial Park, one of the largest economic developments in the US, this location provides easy access to a variety of amenities, including an on-site café and health club, as well as nearby restaurants and parks. The property's impressive two-story granite and glass lobby and beautifully landscaped grounds create a welcoming and professional atmosphere. This prime location offers a unique opportunity for businesses seeking flexible, high-quality office space in a thriving Long Island community. The building is suitable for executive offices, coworking spaces, creative offices, and traditional office setups. Multiple tenancy options are available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $26,700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $26,970,000
- 6.5%
- $26,460,000
- 7%
- $23,590,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $22,600,000
- Geo Method
- $23,390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $20,865,000
- Retail
- $20,750,000
- Mixed-Use
- $24,765,000
- Hospitality
- $25,360,000
- Educational
- $21,135,000
- Residential Income
- $25,730,000
- Energy
- $21,820,000
- Income-Based Land
- $22,290,000
- Food Service
- $26,280,000
Location Insight
- Map
- Local Demand
- City
- Smithtown
- County
- Suffolk
- State
- New York
- Longitude
- -73.2594
- Latitude
- 40.8076
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA