111 North Country Road | 111 N Country Rd
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111 North Country Road 111 N Country Rd
5,000 SF 43% Leased Office Building Port Jefferson, NY 11777 £710,219 (£142/SF) 7% Net Initial Yield
Investment Highlights
- Recently renovated tenant spaces
- Strategic location in the heart of Port Jefferson business community
- Strong leasing history with 85% occupancy rate
Executive Summary
Introducing a prime investment opportunity at 111 N Country Road, a well-maintained 5,000 SF professional office building in Port
Jefferson, NY. Boasting two modern units with PO (professional office) zoning, this property offers a compelling blend of contemporary
updates, with major suite renovations completed in 2019. Ideally situated in Long Island's prestigious north shore market, this property
currently enjoys a good occupancy rate, with plenty of up-side, presenting a solid opportunity for investors seeking a reliable income
stream. With its strategic location and strong leasing history, 111 N Country Road is poised to deliver long-term value and a stable return
on investment.
Jefferson, NY. Boasting two modern units with PO (professional office) zoning, this property offers a compelling blend of contemporary
updates, with major suite renovations completed in 2019. Ideally situated in Long Island's prestigious north shore market, this property
currently enjoys a good occupancy rate, with plenty of up-side, presenting a solid opportunity for investors seeking a reliable income
stream. With its strategic location and strong leasing history, 111 N Country Road is poised to deliver long-term value and a stable return
on investment.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1985/2022
Price
£710,219
Price Per SF
£142
Net Initial Yield
7%
NOI
£49,715
Percent Leased
43%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,500 SF
Slab to Slab
10 ft
Building FAR
0.23
Land Acres
0.49 AC
Zoning
commercial - R-O- Res. Professional Office
Parking
13 Spaces (2.6 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Central Heating
- Natural Light
- Air Conditioning
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Marian Campi-Conde -
Michael Corsello -
NAI Long Island
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111 North Country Road | 111 N Country Rd
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