Freestanding 2-story brick & stucco professional building on high-visibility Fort Salonga Road (NY-25A), with an adjacent lot included for expansion or development. The property features a mix of income-producing suites and owner occupancy potential, with multiple units currently available. All tenants are current on rent with a 100% collection rate and no arrears—a rare level of financial stability. Estimated 6.18% cap rate with upside through rent increases, NNN lease conversion, and cosmetic upgrades. Ample on-site parking, low vacancy, and proximity to Sunken Meadow State Park make this a prime opportunity for investors or professional users. Adjacent lot adds flexibility for future use or redevelopment
Investment Highlights:
- 100% rent collection rate with no arrears
- Estimated 6% cap rate with rental upside
- Multiple suites available for owner occupancy
- Below-market rents allow for income growth
- Potential to convert leases to NNN structure
- Side lot included for expansion or development
- Long-term tenants with intent to remain
- High-visibility location on Fort Salonga Road (NY-25A)
- Ample on-site parking and low vacancy
- Cosmetic upgrades can increase value and appeal
- Strong local demographics and traffic exposure