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320 Montauk Hwy

10,000 SF Office Building West Islip, NY 11795 £3,912,250 (£391/SF)

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Executive Summary

Medical Building, 8651 sq. ft,, lot is 53,667 sf, great parking, floor plan and survey attached, waterfront, 274 feet of bulkheading with boat slip, presently rented month to month for $420,000 per year gross, Stony Brook paying utilities, taxes $71,079, 2023 maintenance $26,306, 2023 Insurance $26,475.present net income $296,140 stony brook will stay and sign a new long term lease.

Financial Summary (Actual - 2023)	Annual	Annual Per SF
Gross Rental Income	£328,629	£32.86
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	£328,629	£32.86
Taxes	£55,616	£5.56
Operating Expenses	£41,298	£4.13
Total Expenses	£96,914	£9.69
Net Operating Income	£231,715	£23.17

Financial Summary (Actual - 2023)

Gross Rental Income
Annual	£328,629
Annual Per SF	£32.86

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	£328,629
Annual Per SF	£32.86

Taxes
Annual	£55,616
Annual Per SF	£5.56

Operating Expenses
Annual	£41,298
Annual Per SF	£4.13

Total Expenses
Annual	£96,914
Annual Per SF	£9.69

Net Operating Income
Annual	£231,715
Annual Per SF	£23.17

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Property Subtype

Medical

Building Size

10,000 SF

Building Class

Year Built

2000

Price

£3,912,250

Price Per SF

£391

Tenancy

Single

Number of Floors

Typical Floor Size

5,000 SF

Building FAR

0.23

Lot Size

1.00 AC

Zoning

GSD - Medical Center, Professional Building, Funeral Parlor

1 of 1

map
Floor plan

320 Montauk Hwy, West Islip, NY - Floor plan - Image 1

320 Montauk Hwy, West Islip, NY - Floor plan - Image 2

Walk Score ®

Very Walkable (87)

What is a Walk Score®, Transit Score® & Bike Score®?

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Transit Score® measures access to public transit.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	0500-472-00-02-00-101-000	Total Assessment	£9,178
Land Assessment	£7,373	Annual Taxes	£55,616 (£5.56/sf)
Improvements Assessment	£1,804	Tax Year	2023