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New England Village 3771 Nesconset Hwy

22,790 SF 100% Leased Office Building South Setauket, NY 11720 $7,213,200 CAD ($316.51 CAD/SF) 7.22% Cap Rate

Medical Offices New York South Setauket 3771 Nesconset Hwy, South Setauket, NY 11720

EXECUTIVE SUMMARY

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.

ATTACHMENTS

OB,SouthSetauket,3771NesconsetHighway,LISTING

DATA ROOM Click Here to Access

  • Offering Memorandum

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
22,790 SF
Building Class
C
Year Built
1986
Price
$7,213,200 CAD
Price Per SF
$316.51 CAD
Cap Rate
7.22%
NOI
$520,730 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,395 SF
Slab To Slab
10’
Building FAR
0.31
Lot Size
1.69 AC
Parking
120 Spaces (5.27 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
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3771 Nesconset Hwy, South Setauket, NY - AERIAL map view

PROPERTY TAXES

Parcel Number 0200-308-00-02-00-057-001 Improvements Assessment $29,571 CAD
Land Assessment $3,758 CAD Total Assessment $33,330 CAD

PROPERTY TAXES

Parcel Number
0200-308-00-02-00-057-001
Land Assessment
$3,758 CAD
Improvements Assessment
$29,571 CAD
Total Assessment
$33,330 CAD
(631) 751-4300

CONTACT

  • Listing ID: 33842102

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 3771 Nesconset Hwy, South Setauket, NY 11720

The Office Property at 3771 Nesconset Hwy, South Setauket, NY 11720 is currently available for sale. Contact Select Investment Properties, Inc. for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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New England Village | 3771 Nesconset Hwy
(631) 751-4300 x

New England Village | 3771 Nesconset Hwy

John Chiaramonte

(631) 751-4300

(631) 751-4300

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