231 Commack RdCommack, NY 11725

Property Details for 231 Commack Rd

Lot size

0.62 AC

Zone code

C6

Property type

Investment properties

Property subtype

Retail residential properties

APN

0400-225.00-02.00-069.000

APU

400225000200069000

Description

This exceptional commercial property at 231 Commack Road in Suffolk County offers a rare opportunity to lease executive office space in a vibrant retail environment. The building totals 2,610 square feet, currently entirely vacant and available for lease as a whole or in divisible units. Flexible lease terms are available for spaces ranging from a minimum of 750 square feet to a maximum contiguous space of 1,860 square feet, catering to businesses of various sizes. The property's strategic location on Commack Road ensures high visibility and accessibility, benefiting from over 42,000 vehicles passing daily. Ample on-site parking is provided both in front and at the rear of the building, ensuring convenient access for clients and employees. The property type is classified as Retail, Office, with subtypes including Executive Office, Shopping Center, and Street Retail, making it suitable for a diverse range of businesses. This presents a unique chance to establish a presence in a high-traffic area with excellent parking and flexible space options. The building's multiple tenancy structure allows for a diverse and thriving business community. Inquire today to secure your ideal space in this prime Commack location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,090,650

  6.5%

  $4,699,060

  7%

  $4,363,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,599,310

  Geo Method

  $3,599,310

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,196,410

  Retail / Commercial

  $4,715,870

  Hospitality / Lodging

  $3,447,550

  Office

  $4,671,140

  Institutional / Educational

  $4,885,130

  Residential Income

  $5,715,600

  Multifamily

  $6,854,980

  Automotive / Energy

  $4,187,250

  Parking / Income-Based Land

  $1,444,970

  Restaurant / Food Service

  $2,444,020

  Healthcare / Senior Housing

  $4,818,800

Location Insight

City

Commack

County

Suffolk

State

New York

Latitude

40.837

Longitude

-73.2953

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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