103 Fort Salonga Rd - Office FOR SALE


Northport, NY 11768- Fort Salonga
$1,325,000 USD
917-434-7707
103 Fort Salonga Rd, Northport, NY for Sale
$1,325,000 USD
Office - FOR SALE
1/33
null | 5.98% Cap Rate

103 Fort Salonga Rd
Northport, NY 11768
Fort Salonga


HIGHLIGHTS

  • 100% Occupancy - 100% Rent Collection Rate
  • Located on 25A
  • Owner Occupancy Available

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

5.98%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Horn Professional Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,159 SF

ZONING

Office

APN/PARCEL ID

0800-004-00-01-00-003-000

ASK ABOUT THIS PROPERTY

Anthony CalosAmo RealtyMore Info
917-434-7707

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Anthony CalosAmo RealtyMore Info
917-434-7707

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.