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Financial
Distress signals
Property profile

309 Main St Islip, NY 11751

FOR LEASE
Office buildings
Property ID
US63-1061745
0.56 ac lot
Last sale Feb 2010 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,500 square foot office space, located at 309 Main Street in Islip, NY 11751, presents a fantastic opportunity for businesses seeking a prominent presence in a vibrant community. The property is classified as Class C and offers a single-tenant occupancy within a larger building totaling 8,034 square feet. The space boasts a spacious and well-lit layout, perfect for a variety of office uses. Recent renovations include brand new lighting, windows, paint, and wiring, ensuring…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$122k
Assessed land$41k
Assessed improvement$81k

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k
NOI build-up
Gross scheduled income$218k
Vacancy & credit loss−$31k
Operating expenses−$47k
NOI · 702,670.00% cap applied$141k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$476/SF
County average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$251 – $754

Cap rate analysis

How does the asset earn?
702,670.00%
$141k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GST
It is the intent of the Town Board to create a zoning district which would be an economically viable alternative to the existing designat...
General categoryOPEN_SPACE
JurisdictionSUFFOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.0
Law Firm21.4
HVAC Service14.2

Location

309 Main St Islip, NY 11751
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
375 Main, Islip, NY 11751-3542 $1,275,000 Nov 2024 No data
499 Islip, Islip, NY 11751-1809 $700,000 Dec 2023 No data
148 Islip, Islip, NY 11751-3234 $500,000 Sep 2023 No data
724 Main, Islip, NY 11751-3620 $400,000 Jun 2023 No data
150 Islip, Islip, NY 11751-3222 $150,000 Nov 2019 No data
1 Bay, Islip, NY 11751-4011 $640,000 Oct 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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