Property profile

121 Pulaski Rd Kings Park, NY 11754

FOR SALE
Office buildings
Property ID
US63-2055671
0.31 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building at 121 Pulaski Road, Kings Park, NY 11754, presents a unique investment opportunity for owner-users. Completely renovated in 2024, this two-story, free-standing structure offers 21 on-site parking spaces, a significant advantage in this location. The building's versatile design is suitable for a variety of uses, including daycare/nursery, executive office, or medical office spaces, making it an attractive option for diverse businesses. The property boasts excellent retail exposure, situated within walking distance of the Long Island Rail Road (LIRR) and Main Street, ensuring high visibility and accessibility. Its prime location is complemented by the proximity of established businesses such as Dunkin' Donuts and 7-Eleven, further enhancing its appeal. The asking price is $1,600,000, with an occupancy date of September 17, 2024. This is an ideal opportunity to acquire a renovated, well-located property in a thriving Kings Park commercial district, offering both immediate occupancy and long-term investment potential. The property is categorized as Office and Retail, and is situated in Suffolk County.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.31 ac (13,504 SF)
APN 0800-013.00-06.00-022.000
UPID US63-2055671

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency
  • Security Service
  • Insurance Agency
  • Alternative Medicine Practice Spa & Massage Center

Location

121 Pulaski Rd Kings Park, NY 11754
Kings Park metro Census 134702 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$745k

Owner & transaction history

since 2023
Last sale
$690,000
2 recorded transactions
2023
$690,000
2003
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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