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    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?”
    More about this property
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