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    Property profile & analytics
    OFF-MARKET Estimated value $550,000
    Office buildings

    299 Smithtown Blvd, Nesconset, NY 11767-2098

    0.24 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-3203888
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Lot 0.24 ac (10,454 SF)
    APN 0800-168.00-01.00-027.002
    UPID US63-3203888
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $545k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $550k
    Owner & transaction history
    299 Smb LLC · 1 yrs held
    299 Smb LLC
    since 2025
    Last sale
    $550,000
    2 recorded transactions
    2025
    $550,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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