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Investment Highlights
- Prime Smithtown location just north of Smithtown Bypass (Route 347) with strong visibility and access
- Well-positioned neighborhood retail center serving daily-needs and service-oriented tenants
- Approximately 200,000 residents and an average household income of $150,000 within a 5-mile radius
Executive Summary
Ron Kleinberg of Tri-State Properties has been selected as the exclusive selling broker for the Galleria Terry, a 6,000-square-foot retail center located at 117 Terry Road in Smithtown.
The property offers a unique opportunity for a user-investor, featuring 3,040 square feet of centrally located space ideal for an owner-occupant, while generating income from two existing tenants. The available space was most recently occupied by a bagel café and is well suited for a wide range of commercial uses, benefiting from the center’s layout, surrounding residential density, and strong demographic profile.
The property offers a unique opportunity for a user-investor, featuring 3,040 square feet of centrally located space ideal for an owner-occupant, while generating income from two existing tenants. The available space was most recently occupied by a bagel café and is well suited for a wide range of commercial uses, benefiting from the center’s layout, surrounding residential density, and strong demographic profile.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
A
Year Built
2016
Price
$3,000,000
Price Per SF
$500
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.92 AC
Zoning
Neighborhood Business - Neighborhood Business
Parking
50 Spaces (8.33 Spaces per 1,000 SF Leased)
Frontage
104’ on Terry Rd
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The space was previously operated as a bakery and is offered with all existing equipment, fixtures, and improvements remaining on site.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,100 SF | Retail | - | Now |
1st Floor
| Size |
| 3,100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 3,100 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
The space was previously operated as a bakery and is offered with all existing equipment, fixtures, and improvements remaining on site.
Nearby Major Retailers
Property Taxes
| Parcel Number | 0800-106-00-05-00-015-001 | Improvements Assessment | $12,500 (2024) |
| Land Assessment | $250 (2024) | Total Assessment | $12,750 (2024) |
Property Taxes
Parcel Number
0800-106-00-05-00-015-001
Land Assessment
$250 (2024)
Improvements Assessment
$12,500 (2024)
Total Assessment
$12,750 (2024)
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Presented by
117 Terry Rd
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