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198 Terry Rd 1,683 SF Office Building Smithtown, NY 11787 $948,000 ($563.28/SF)
Executive Summary
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
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
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,683 SF
Building Class
B
Year Built
1964
Price
$948,000
Price Per SF
$563.28
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,683 SF
Building FAR
0.15
Lot Size
0.25 AC
Zoning
NB
Parking
4 Spaces (2.38 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0800-134-00-04-00-069-000 | Improvements Assessment | $5,395 |
| Land Assessment | $1,000 | Total Assessment | $6,395 |
Property Taxes
Parcel Number
0800-134-00-04-00-069-000
Land Assessment
$1,000
Improvements Assessment
$5,395
Total Assessment
$6,395
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198 Terry Rd
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