25 Melville Park RdMelville, NY 11747

Property Details for 25 Melville Park Rd

Lot size

6.00 AC

Zone code

I1

Property type

Office buildings

APN

0400-268.00-01.00-004.000

APU

400268000100004000

Description

This exceptional Class A office building at 25 Melville Park Rd offers a diverse range of spaces, perfect for businesses of all sizes. The 97,624 square foot building boasts a variety of configurations, with available suites ranging from 100 to 15,000 square feet, catering to individual entrepreneurs and large corporations alike. Built in 1986, this two-story structure features impressive 10-foot ceilings, creating a bright and spacious atmosphere. The building's convenient location provides immediate access to Route 110, ensuring effortless commuting for employees and clients. On-site amenities include ample parking with 350 spaces, high-speed internet access (Wi-Fi), fully equipped conference rooms, and a shared kitchen. The building is equipped with elevators for easy access to all floors. 24-hour access provides ultimate flexibility for your business operations. This property is ideal for a variety of office uses, including executive, traditional, creative, coworking, and medical office spaces. Flexible lease terms and build-to-suit options are available to accommodate your specific needs. Contact us today to explore the possibilities and find the perfect space for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $43,210,616

  6.5%

  $39,886,720

  7%

  $37,037,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $34,149,296

  Geo Method

  $34,149,296

• Alternative Use

  Use

  Valuation

  Residential

  $49,459,536

  Hospitality

  $45,304,668

  Educational

  $37,692,952

  Medical

  $38,989,272

  Retail

  $58,633,480

Location Insight

City

Melville

County

Suffolk

State

New York

Latitude

40.7769

Longitude

-73.4175

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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