23 Howell AveCentereach, NY 11720

  • Office buildings
  • 3.66 AC
For Lease
$26.95/SF/YR View listing

Property Details for 23 Howell Ave

Lot size
3.66 AC
Property type
Office buildings
APN
0200-488.00-03.00-006.000
APU
200488000300006000

Description

This exceptional Class A medical office space, totaling 2,136 square feet, is immediately available within the prestigious Nicolls Professional Park in Centereach, NY. Located at 23 S Howell Ave, this turnkey suite is part of a 21,958 square foot medical office complex situated on 3.66 acres at the highly visible intersection of Middle Country Road (Route 25) and Nicolls Road (Route 97). The property boasts a generous 6.67 parking spaces per 1,000 square feet, ensuring ample parking for patients and staff. Built in 2013, the building features separate entrances and HVAC systems for optimal comfort and convenience. The column-free design maximizes usable space. This prime location offers easy access to University Hospital - Stony Brook (just over five minutes away) and benefits from significant traffic volume (40,300 AADT on Route 25 and 76,800 AADT on Route 97). The park's strategic location in Central Suffolk County, combined with strong local demographics and high healthcare spending potential, presents a unique opportunity for medical professionals seeking a thriving practice environment. Join an established medical community in this well-maintained, modern facility. The property consists of three one-story buildings (5,508, 8,000, and 8,450 square feet). This space is perfect for medical practices seeking a high-profile location with excellent visibility and accessibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $26,358,542
    6.5%
    $24,330,962
    7%
    $22,593,036
  • Comparable approach

    Method
    Valuation
    Relative Method
    $20,831,124
    Geo Method
    $20,831,124
  • Alternative Use

    Use
    Valuation
    Residential
    $30,170,392
    Hospitality
    $27,635,916
    Educational
    $22,992,758
    Medical
    $23,783,514
    Retail
    $35,766,512
23 Howell Ave, Centereach, New York

Location Insight

City
Centereach
County
Suffolk
State
New York
Latitude
40.8592
Longitude
-73.0701
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$1,650
$31,050
$32,700
-
$3,056
$57,500
$60,556

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