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    OFF-MARKET Estimated value $825,000
    Medical Office Space

    66 Split Rock Rd, Syosset, NY 11791-2628

    2,340 SF 0.21 ac lot Built 1961
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-2578607
    Property summary
    AI-generated overview

    This exceptional 2,340 square foot freestanding office building is situated on a 0.2-acre lot in the heart of Syosset, NY, within the Town of Oyster Bay. The property boasts a highly desirable NB (Neighborhood Business) zoning designation and offers ample parking with 10 spaces. The building itself features ten individual offices, perfect for private consultations or administrative tasks, along with two conference rooms ideal for meetings and collaborative work. Staff and clients will appreciate the comfortable break room and the large, welcoming reception area. Three conveniently located bathrooms add to the building's functionality. Currently generating $8,000 in monthly rental income from individual office leases, this owner-user investment opportunity presents extremely low maintenance and operating expenses (under $2,000 annually for utilities and maintenance). Its prime location offers easy access to major thoroughfares, is less than ten minutes from Northwell Health Syosset Hospital, and is just blocks from the Syosset LIRR station, ensuring high visibility and convenient access for both staff and clients. This property is ideally suited for medical, dental, or other professional office uses. The vibrant surrounding area, filled with local and national retailers, creates a convenient and attractive environment for businesses and their clientele.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1961
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,340 SF
    Lot 0.21 ac (9,220 SF)
    APN 25-009-00-0025
    UPID US63-2578607
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Fratello Law, P.C. Law Firm
    • SIK Law Law Firm
    • Law Office of Jeffrey Fox Law Firm
    • Topper Gary MD Physician
    • The Law Offices of Mark J. Friedman P.C. Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $630k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $825k
    Owner & transaction history
    Arj Split Rock LLC · 1 yrs held
    Arj Split Rock LLC
    since 2025
    Last sale
    $920,000
    2 recorded transactions
    2025
    $920,000
    2017
    $650,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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