640 Montauk Hwy - Medical FOR SALE


Shirley, NY 11967
$2,350,000 USD
212-430-5196
640 Montauk Hwy, Shirley, NY for Sale
$2,350,000 USD
Medical - FOR SALE
1/10
null | Request Cap Rate

640 Montauk Hwy
Shirley, NY 11967


HIGHLIGHTS

  • Situated on a 1.35-acre parcel.
  • 7,402 square feet of well-maintained office space and is currently 100% occupied.
  • The site offers exceptional functionality, supported by a generous parking ratio of 5.94 spaces per 1,000 square feet.
  • Tenants and visitors enjoy convenient access to major thoroughfares: William Floyd Parkway (±0.5 mi), Sunrise Highway (±1.0 mi), and LIE (±5.0 mi).

OVERVIEW

Marcus & Millichap is pleased to present 640 Montauk Highway (“the Subject Property”), a well-located office asset in the heart of Shirley, NY. Situated on a 1.35-acre parcel, the Subject Property comprises approximately 7,402 square feet of well-maintained office space and is currently 100% occupied. The site offers exceptional functionality, supported by a generous parking ratio of 5.94 spaces per 1,000 square feet—an increasingly valuable feature for medical, professional, and service-oriented tenancy. Positioned along Montauk Highway, one of the area’s primary east–west commercial corridors, the property benefits from strong visibility and seamless connectivity. Tenants and visitors enjoy convenient access to major regional thoroughfares, including William Floyd Parkway (±0.5 mile), Sunrise Highway (±1.0 miles), and the Long Island Expressway (±5.0 miles), providing efficient travel throughout Suffolk County and the broader Long Island region. The property is surrounded by a diverse mix of demand drivers that support long-term occupancy and tenant performance. Nearby anchors include South Port Shopping Center, Floyd Harbor Center, and the Shirley LIRR Station—each contributing to consistent daytime population, consumer activity, and commuter traffic. Local demographics further underscore the strength of the location. More than 51,000 residents live within a three-mile radius, with average household incomes exceeding $127,000, reflecting a stable and economically resilient customer base.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

Medical/Business

APN/PARCEL ID

0200-879-00-01-00-038-001

ASK ABOUT THIS PROPERTY

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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