9 Brooksite Dr Smithtown, NY 11787

This exceptional Class A medical office building, located at 9 Brooksite Dr in Smithtown, NY, presents a compelling investment opportunity. The 9,800 square foot, two-story building sits on a 1.55-acre lot and boasts a prime location within the Central Business (CB) zone of Suffolk County. Currently 100% occupied by Northwell Health under a NNN lease, the property offers a strong, stable income stream. The lease, commencing August 1, 2024, and expiring October 31, 2031, includes two five-year renewal options, ensuring long-term tenancy. Northwell Health has occupied the building since 2009, demonstrating a commitment to the location. The building, constructed in 1985, underwent significant renovations in 2017, including a new nuclear imaging cardiology suite and updated common areas. All ramps and stair railings are ADA compliant. The asking price is $3,340,000, representing a compelling 6.00% cap rate and $340.82 per square foot. Annual real estate taxes are $42,421, and utilities are the tenant's responsibility. The property is identified on tax records as Section 76, Block 5, Lot 4.2. This is a rare opportunity to acquire a fully leased, high-quality medical office building in a desirable location with a strong tenant history.