Property profile

533 Montauk Hwy East Moriches, NY 11940

FOR LEASE
Investment properties
Property ID
US63-3220114
0.74 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional property offers 3,230 square feet of brand new Class A medical office space in Suffolk County, built and renovated in 2024. The space is available as multiple suites, with a minimum divisible space of 1,580 square feet. Two individual suites are currently available, one measuring approximately 1650 square feet and the other 1580 square feet; these can be combined for a larger footprint. The asking rent is $30 per square foot, NNN. The building boasts 30 parking spaces in a private lot, supplemented by ample on-street parking, catering to both patients and staff. Its location on the highly trafficked Montauk Highway ensures excellent visibility and accessibility. Utilities are metered directly to the tenant for efficient cost management. The space features brand new, high-efficiency heating and air conditioning systems, ensuring a comfortable and energy-efficient environment. The property is zoned J2. This is an ideal opportunity for medical professionals seeking a modern, well-located, and easily accessible office space.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.74 ac (32,234 SF)
APN 0200-860.00-01.00-047.000
UPID US63-3220114

Cap rate & NOI

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

Location

533 Montauk Hwy East Moriches, NY 11940
East Moriches metro Census 159602 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M

Owner & transaction history

since 2024
Last sale
$1.2M
6 recorded transactions
2024
$1.2M
2022
$550,000
2021
$525,000
2019
Price N/A
2001
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
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More about this property
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