198 Terry Rd - Office FOR SALE


Smithtown, NY 11787
$948,000 USD
516-428-9505
198 Terry Rd, Smithtown, NY for Sale
$948,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

198 Terry Rd
Smithtown, NY 11787


OVERVIEW

Owner-User Office Building with Rental Income Rare opportunity to acquire a well-maintained 1,683 SF professional office building in the heart of Smithtown. Situated on a 10,890 SF lot and zoned NB (Neighborhood Business), this property is ideal for an owner-occupant seeking to operate their business while benefiting from supplemental rental income. The first floor is currently occupied by the owner and offers an efficient, professional office layout suitable for a variety of business and medical/professional uses. The lower level is leased, providing immediate income to help offset operating expenses and ownership costs. Conveniently located on Terry Road, the property offers excellent accessibility, strong visibility, and proximity to major roadways, shopping, restaurants, and the Smithtown business district. The NB zoning provides flexibility for a range of commercial uses, making this an attractive opportunity for professionals, investors, and small business owners alike. Property Highlights • 1,683 SF professional office building • 10,890 SF lot • NB (Neighborhood Business) zoning • Owner-user opportunity with existing rental income • First-floor office currently occupied by owner • Income-producing lower-level tenant • Well-maintained building in a desirable Smithtown location • Convenient access to major roadways and surrounding amenities • Ideal for professional office, medical, or service-oriented businesses

FOR SALE DETAILS

PRICE

$948,000 USD

PRICE/SF

$563 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

NB

APN/PARCEL ID

0800-134-00-04-00-069-000

ASK ABOUT THIS PROPERTY

Michael TuckerDGNY Commercial, LLCMore Info
516-428-9505

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

Michael TuckerDGNY Commercial, LLCMore Info
516-428-9505

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