SubmarketDetail

Sale

Riverhead, NY, 11901
General Spec's
Property Type: Office
Property Sub Type: Medical
Gross Building Area SF: 5,340
Min Available SF:
Max Contiguous Available SF:
Total Available SF:
Acreage: 1.5
Year Built:
Possession: Immediate
Parking: 35 spaces
Zoning: Hamlet Center
Industrial Spec's
Office Size SF:
Ceiling Height:
Fuel: Electric
Amps:
Drive-in(s):
Loading Dock(s):
Pricing
Sale or Lease: Sale
Sale Price: $1,499,000
Lease Rate PSF:
Lease Type:
Electric PSF:
CAM PSF:
RE Taxes: $36,658
Website:
Description Bookmark and Share
FOR SALE: Established three building professional and medical office complex located just east of Route 105 on the Main Road (Route 25) in Aquebogue, NY. Seven office suites are currently 85% leased (another lease pending to reach 100% occupancy) to a mix of medical and professional tenants. Most leases are currently month to month with tenants willing to extend. Well maintained property featuring a large 1.5 acre lot with freshly resurfaced and restriped parking area that offers abundant parking and easy access to the professional office suites. The office suites total 5,340sf of rentable space. Includes strong in-place income and a compelling value-add opportunity reflecting below market rents and the possibility to add additional office, residential and/or retail space. Very well located at a signaled intersection (Main Road & Edgar Avenue), across from Aquebogue Elementary School and less than 3 miles east of Peconic Bay Medical Center. Walking distance to shopping and restaurants. Hamlet Center (HC) zoning allows for professional office, retail, restaurant and residential (apartments on upper floors) uses.  

Contact(s)
Neil Crawford  (631)761-9407  ncrawford@cbcli.com  
     


All information furnished regarding property for sale, rental or financing is from sources deemed reliable. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our principals.

Each office independently owned and operated.