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Property profile & analytics
FOR SALE
Office buildings

20 Grand Ave Shirley, NY 11967

0.6 ac lot
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US63-0386166
Property summary
AI-generated overview

This exceptional 6,000-square-foot medical office building, located at 20 Grand Ave in Shirley, New York, presents a unique investment opportunity. The property, built in 1990, sits on a 0.6-acre lot and offers a single-tenant occupancy configuration, currently vacant and ready for immediate use. The building's functionality is enhanced by ample on-site parking, accommodating 32 vehicles, a significant advantage for both patients and staff. Its convenient Shirley location provides easy access to various neighborhood retail establishments and amenities, ensuring a high level of convenience for occupants and visitors. The property is classified as a medical office building within the Office property type, making it ideally suited for a wide range of healthcare practices. The building's total square footage is 6,000 square feet, all of which is currently vacant, providing a blank canvas for a new tenant or owner to customize the space to their specific needs. Situated in Suffolk County, New York, with a zip code of 11967, this property offers a compelling combination of size, location, and parking, making it an attractive prospect for those seeking a medical office space in a thriving community. The property is available for sale or lease.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.6 ac (26,136 SF)
APN 0200-851.00-03.00-006.001
UPID US63-0386166
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • IMCbonedoc Medical Clinic
  • Dr. Robert Hecht, M.D. Physician
  • Nabil Farakh, D.O., PhD Alternative Medicine Practice
  • Sarah A Gaballah Physician
  • Dr. Stephen Wade Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Shirley Five Associates LLC · 15 yrs held
Shirley Five Associates LLC
since 2010
1 recorded transaction
2010
$1.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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