Horn Professional Building - Office Building
Freestanding Professional Building | Owner-User & Investment Opportunity | 100% Rent Collection | No
Marketing description
Freestanding 2-story brick & stucco professional building on high-visibility Fort Salonga Road (NY-25A), with an adjacent lot included for expansion or development. The property features a mix of income-producing suites and owner occupancy potential, with multiple units currently available. All tenants are current on rent with a 100% collection rate and no arrears—a rare level of financial stability. Estimated 6.18% cap rate with upside through rent increases, NNN lease conversion, and cosmetic upgrades. Ample on-site parking, low vacancy, and proximity to Sunken Meadow State Park make this a prime opportunity for investors or professional users. Adjacent lot adds flexibility for future use or redevelopment.
Investment highlights
Investment Highlights:
100% rent collection rate with no arrears
Estimated 6.18% cap rate with rental upside
Multiple suites available for owner occupancy
Below-market rents allow for income growth
Potential to convert leases to NNN structure
Side lot included for expansion or development
Long-term tenants with intent to remain
High-visibility location on Fort Salonga Road (NY-25A)
Ample on-site parking and low vacancy
Cosmetic upgrades can increase value and appeal
Strong local demographics and traffic exposure
Ideal for investors or professionals seeking hybrid use
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