Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    23 Howell Ave Centereach, NY 11720-4445
    Back to Search
    Property profile & analytics

    23 Howell Ave Centereach, NY 11720-4445

    View on Map
    • Office buildings
    • 3.66 lot acres
    Off-Market
    Property ID
    US63-4562063
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • New York Food Allergy & Wellness Center / Gym & Fitness Center / Alternative Medicine Practice
    • Edmund Lee / Physician
    • Artem Shmelev / Physician
    • Anthony Hesketh / Physician
    • Bill Bishop sb extened care / Medical Clinic

    Property Details for 23 Howell Ave

    Lot size
    3.66 lot acres
    Property type
    Office buildings
    APN
    0200-488.00-03.00-006.000
    APU
    200488000300006000

    Description

    This exceptional Class A medical office space, totaling 2,136 square feet, is immediately available within the prestigious Nicolls Professional Park in Centereach, NY. Located at 23 S Howell Ave, this turnkey suite is part of a 21,958 square foot medical office complex situated on 3.66 acres at the highly visible intersection of Middle Country Road (Route 25) and Nicolls Road (Route 97). The property boasts a generous 6.67 parking spaces per 1,000 square feet, ensuring ample parking for patients and staff. Built in 2013, the building features separate entrances and HVAC systems for optimal comfort and convenience. The column-free design maximizes usable space. This prime location offers easy access to University Hospital - Stony Brook (just over five minutes away) and benefits from significant traffic volume (40,300 AADT on Route 25 and 76,800 AADT on Route 97). The park's strategic location in Central Suffolk County, combined with strong local demographics and high healthcare spending potential, presents a unique opportunity for medical professionals seeking a thriving practice environment. Join an established medical community in this well-maintained, modern facility. The property consists of three one-story buildings (5,508, 8,000, and 8,450 square feet). This space is perfect for medical practices seeking a high-profile location with excellent visibility and accessibility.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Centereach
    County
    Suffolk
    State
    New York
    Longitude
    -73.0701
    Latitude
    40.8592
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $1,650
    $31,050
    $32,700
    -
    $3,056
    $57,500
    $60,556

    Comparable in this City

    • Value Estimation by Request
      0.33 Acres

      141 Mark Tree Rd

      PROFESSIONAL BUILDING • 0.33 Acres
      141 Mark Tree Rd, Centereach, NY 11720-2221
      View Details
    • Value Estimation by Request
      0.50 Acres

      2566 Middle Country Rd

      PROFESSIONAL BUILDING • 0.50 Acres
      2566 Middle Country Rd, Centereach, NY 11720-3525
      View Details
    • Value Estimation by Request
      0.59 Acres

      99 Mark Tree Rd

      OFFICE BUILDING • 0.59 Acres
      99 Mark Tree Rd, Centereach, NY 11720-2276
      View Details
    • Value Estimation
      $9,000,000

      2112 Middle Country Rd

      PROFESSIONAL BUILDING
      2112 Middle Country Rd, Centereach, NY 11720-3519
      View Details
    • Value Estimation by Request
      0.25 Acres

      1 Mark Tree Rd

      PROFESSIONAL BUILDING • 0.25 Acres
      1 Mark Tree Rd, Centereach, NY 11720-2279
      View Details
    • Value Estimation by Request
      1.46 Acres

      1787 Middle Country Rd

      PROFESSIONAL BUILDING • 1.46 Acres
      1787 Middle Country Rd, Centereach, NY 11720-3507
      View Details

    Similar Nearby for Sale

    • $699,000
      Pending

      Centereach Office Space For Sale

      Office spaces in high-traffic Centereach location on Middle Country Road.
      2539 Middle Country Rd, Centereach, NY 11720
      View Details
    • Contact for pricing
      5,600 SF

      Centereach Retail and Office Space

      5,600 SqFt retail and office space available for sale.
      2101 Middle Country Rd, Centereach, NY 11720
      View Details
    • Contact for pricing
      3,549 SF

      Established Dental Office For Sale

      Long-term dental tenant in medical corridor.
      1 Mark Tree Rd, Centereach, NY 11720
      View Details
    • Contact for pricing
      4,200 SF

      Freestanding Retail Building For Sale

      Highly visible, renovated retail building with flexible zoning and ample parking.
      2845 Middle Country Rd, Centereach, NY 11720
      View Details
    • Contact for pricing

      Centereach Commercial Land For Sale

      1.15 acre commercial land with pre-approved 7,000 sqft building.
      3067 Middle Country Rd, Centereach, NY 11720
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Centereach Office Space Available

      Furnished Centereach office space with private offices and conference room.
      2450 Middle Country Rd, Centereach, NY 11720
      View Details
    • $2,200 /Mo

      Retail/Office Space For Rent

      Retail or office space available for rent.
      2570 Middle Country Rd, Centereach, NY 11720
      View Details
    • Contact for pricing

      Centereach Commercial Space For Lease

      Commercial space available for lease in Centereach, New York.
      2101 Middle Country Rd, Centereach, NY 11720
      View Details
    • Contact for pricing

      Centereach Mall Retail Opportunity

      Retail space available for lease in Centereach Mall.
      Centereach Mall, Centereach, NY 11720
      View Details
    • Contact for pricing

      Retail Space with Full Basement

      Retail space for rent with a 4,800 sq. ft. basement.
      2155 Middle Country Rd, Centereach, NY 11720
      View Details
    • Contact for pricing
      500 SF

      Land Available For Lease

      Commercial land available for lease with frontage on Holbrook Road.
      10 Holbrook Rd, Centereach, NY 11720
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23 Howell Ave
    Centereach, NY 11720-4445
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    23 Howell Ave, Centereach, NY, 11720
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!