521 Rte 111, Hauppauge, NY 11788-4370
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.
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Newsworthy Publishing Publishing House
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.