Property profile

521 Rte 111 Hauppauge, NY 11788

OFF-MARKET
Office Spaces
Property ID
US63-0616257
0.02 ac lot
Entity Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 30,000-square-foot office building, situated at 521 Route 111 in Hauppauge, New York, presents a unique investment opportunity. Constructed in 1990 and renovated in 2016, this Class C property features four units ideally suited for executive, medical, or professional office use. The building is fully ADA compliant and boasts ample parking with 109 spaces. Its prime location on heavily trafficked Route 111, with over 22,000 vehicles passing daily, ensures high visibility and accessibility. The property is zoned for office and medical use, benefiting from its proximity to numerous national and local retailers. The building includes a convenient elevator servicing multiple floors. This single-building complex offers a compelling opportunity for owner-occupancy or investment, with the potential for significant returns. The property is offered for sale by owner and is located in Suffolk County, NY, zip code 11788. Its convenient location also offers easy access to Route 347. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving commercial area.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Lot 0.02 ac (1,020 SF)
APN 0800-156.01-03.00-004.000
UPID US63-0616257

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Publishing House

Location

521 Rte 111 Hauppauge, NY 11788-4370
Hauppauge metro Census 135306 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2025
Last sale
$260,000
7 recorded transactions
2025
Price N/A
2025
$620,000
2025
$260,000
2024
$165,000
2019
Price N/A
2016
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 521 Rte 111?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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