3771 Nesconset Hwy - Medical FOR SALE


South Setauket, NY 11720
$4,750,000 USD
631-751-4300
3771 Nesconset Hwy, South Setauket, NY for Sale
$4,750,000 USD
Medical - FOR SALE
1/8
null | 7.55% Cap Rate

3771 Nesconset Hwy
South Setauket, NY 11720


OVERVIEW

Medical/Professional Building situated on prime signalized corner (65k+VPD). Strategically located within close proximity to 3 area hospitals, SUNY Stony Brook, Northwell Mather and St Charles. Below market rents of $21 psf (most units have their own entrances thus no loss factor)providing for nice future upside. SUNY Stony Brook currently occupies 20% of the building and is looking to potentially expand.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

7.55%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New England Village

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

-

APN/PARCEL ID

0200-308-00-02-00-057-001

ASK ABOUT THIS PROPERTY

John ChiaramonteSelect Investment Properties, Inc.More Info
631-751-4300

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John ChiaramonteSelect Investment Properties, Inc.More Info
631-751-4300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.