299 Smithtown Blvd, Nesconset, NY 11767-2098
This exceptional two-story, 2,800 square foot office building is situated on a 10,454 square foot lot in the desirable Nesconset area of Lake Ronkonkoma, NY, zip code 11779. Located at 299 Smithtown Blvd, this Class B property offers five units and ample parking for at least fifteen vehicles. The building is zoned for Neighborhood Business use, providing flexibility for a variety of commercial ventures. Priced at $630,000 ($225 per square foot), this owner/user investment opportunity boasts a prime location on Smithtown Boulevard, ensuring high visibility and significant foot and car traffic. Its proximity to shops, restaurants, and the Long Island Expressway (LIE) adds to its appeal. This property presents a compelling opportunity for both investors and owner-occupied businesses seeking a well-located and versatile commercial space. The building's strong location and ample parking make it an attractive option for a variety of businesses.
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
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Property description
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Risks
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