Property profile

900 Main St Holbrook, NY 11741

OFF-MARKET
Office buildings
Property ID
US63-3079274
1.11 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,110 square foot medical office building situated on a 1.11-acre lot in Holbrook, NY. The property, located at 900 Main St, boasts 352 feet of desirable Main Street frontage and ample on-site parking. Currently 100% occupied by four established medical tenants, the building offers the potential for owner-user occupancy, with the option of up to 50% vacancy upon request. The property's strategic location provides convenient access to major transportation hubs, including Ronkonkoma and Medford Commuter Rail stations, and Long Island MacArthur Airport. The surrounding area exhibits a strong demographic profile, characterized by a growing population and high average household incomes, making this a compelling investment in a thriving community. The building is zoned for commercial use and features a modified lease type with multi-tenancy. This presents a rare chance to acquire a well-maintained, income-producing asset in a high-demand location. The property's size and location make it an ideal investment for both owner-users and investors seeking a stable, long-term return. Further information on local development projects can be found via online resources.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Lot 1.11 ac (48,352 SF)
Zoning code GST
APN 0500-088.00-03.00-002.000
UPID US63-3079274

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
  • Dental Office
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Medical Clinic
  • Physician

Location

900 Main St Holbrook, NY 11741-1623
Holbrook metro Census 146613 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

Zoning & alternative use

GST · Holbrook, NY

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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