75 Oak Street
Office | 24,000 SqFt
Marketing description
A rare chance to acquire a +/-24,000 SF freestanding office building prominently positioned on a signalized corner in the center of Patchogue Village. This high‑visibility location offers exceptional accessibility, strong foot and vehicle traffic, and immediate proximity to the village’s vibrant retail, dining, and transportation amenities.
The property is 70% occupied by the Social Security Administration (SSA) under a long‑term lease running through 2040, providing stable, predictable income backed by a federal government tenant. Situated on 1.52 acres, the site offers ample on‑site parking for 88 vehicles. The building’s corner placement at a traffic light ensures maximum exposure and ease of access for employees and visitors.
This is a solid, long‑term investment opportunity with tenant improvements just completed, in one of Suffolk County’s most dynamic and rapidly growing downtowns—ideal for investors seeking secure tenancy, strong cash flow, and a prime village‑center location, with approximately +/- 7,000 SF available for an end user to occupy or for an investor to lease for additional income.
Financial information on request for qualified buyers.
Investment highlights
- Prime Village-Center Corner Location with exceptional visibility, signalized access, and immediate proximity to Patchogue's retail, dining, and transit amenities.
- Stable Federal Tenancy with the SSA occupying 70% of the building under a long-term lease through 2040.
- Ample On-Site Parking on 1.52 acres, offering 88 parking spaces total.
- End-User Opportunity to occupy and customize approximately 7,000 SF of available space while benefiting from strong in-place income.
- Annual Taxes: +/-$125,000.00
- Sale Price: Price On Request
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