501 William Floyd Pkwy Shirley, NY 11967
- Commercial real estate
- 3,078 SF
Current Use by Public Records
- Charlesworth B Varlack Agency / Insurance Agency
- Insurance Trust / Insurance Agency
- Academic Associates Reading Center Of New York / Tutoring Service
- Long Island Public Services / Advocacy Group
- Adam Cohen / Alternative Medicine Practice
Property Details for 501 William Floyd Pkwy
- Year built
- 1990
- Property size
- 3,078 SF
- Property type
- Commercial real estate
Description
This exceptional 3,078 square foot, single-story office building, constructed in 1990 and extensively renovated in 2020, presents a compelling investment opportunity in Shirley, NY's thriving J Business District. Situated on a substantial 30,056 square foot lot, the property boasts a fully paved parking lot accommodating 17 vehicles. Currently configured as three separate office suites, each offers a unique layout to suit diverse business needs. Unit 1, previously owner-occupied, features a kitchenette, reception area, two private offices, a conference room, and two full bathrooms. Units 2 and 3, currently rented below market value on month-to-month leases, offer varying configurations of private offices, reception areas, and shared half-baths. A full finished basement with an outside entrance provides ample storage or expansion potential. The building is equipped with a 3-zone oil heating system, separate hot water heater, 2-zone central air conditioning, and 2 ductless AC units, all served by a single electrical meter. The current occupancy is 50%, offering immediate income potential and the flexibility to fully occupy the building upon closing. The J Business District zoning allows for a wide range of uses, making this property highly adaptable to various business models. This move-in ready property represents a rare opportunity to acquire a well-maintained, versatile commercial space in a prime location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Shirley
- County
- Suffolk
- State
- New York
- Longitude
- -72.8640957
- Latitude
- 40.7923107