1221 Rte 25a Smithtown, NY 11787-1312
This exceptional 1,750 square foot freestanding industrial building presents a remarkable investment opportunity in the highly desirable Smithtown, NY location. Situated on Route 25A, a road with incredibly high traffic volume, this property boasts unparalleled visibility and accessibility. Completely renovated three years ago, the building features a new roof, facade, windows, HVAC system, electrical and plumbing, parking lot, surveillance system, and sprinkler system. The smart-powered building offers remote operation of thermostats and lighting, and innovative smart doors that transition from clear to frosted glass at the touch of a button. The building's prominent glass frontage provides excellent visibility from Route 25A, with ample space for signage and branding. The first floor showcases high ceilings, an open floor plan, hardwood floors, custom raised paneling, and box molding, complemented by a spa-like, handicap-accessible bathroom. A mahogany staircase leads to a finished basement with a Certificate of Occupancy, featuring three egress windows, high ceilings, an enclosed conference room, 200-amp electrical service, gas heat, and a two-zone central AC system, supplemented by a Douglas mini-split unit. Eight parking spaces are available on-site, with additional public parking across the street at CVS. The property is currently zoned for 50 people and is being used as a business center and on-the-go office space. All furniture and pods are included in the sale. Low taxes make this a particularly attractive proposition. Previous uses include a bagel store (grease traps remain), liquor store, and dry cleaner. The owner is retiring, presenting a unique opportunity for a discerning buyer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
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.