220-226 N. Belle Mead Rd. 2 Office Properties in Setauket, NY

This is an excellent opportunity to acquire two fully leased Medical office buildings located in the highly desirable Setauket Technology Park. Positioned at 220 N. Belle Mead Avenue and 226 N. Belle Mead Avenue, the portfolio offers stable tenancy, low operating expenses, and exceptional visibility within one of Long Island’s most established medical and technology corridors.
220 N. Belle Mead Avenue totals approximately 11,228 square feet on 1.03 acres with 40 parking spaces. The building is fully leased to Zwanger-Pesiri Radiology, a premier regional medical provider, and the tenant recently executed a brand-new seven-year lease, on their existing lease which has two years remaining, reinforcing their long-term commitment to the site and providing secure, predictable income for an investor.
Both properties benefit from tremendous visibility, excellent signage potential, and close proximity to Stony Brook University, Stony Brook University Hospital, and a wide range of major retailers. The location also provides immediate access to key thoroughfares, including Nicolls Road and nearby regional highways, enhancing convenience for tenants and visitors alike. This portfolio is ideal for investors seeking stability, long-term tenancy, and well-positioned medical and professional assets in a high-demand market.
226 N. Belle Mead Avenue presents an excellent opportunity to acquire a fully leased professional and medical office building in the highly desirable Setauket Technology Park. The property consists of approximately 11,228 square feet on 1.10 acres with 44 parking spaces, offering strong visibility, excellent signage potential, and close proximity to Stony Brook University, Stony Brook University Hospital, major retailers, and key regional thoroughfares. The building is occupied by four established tenants, providing diversified income, low operating expenses, and long-term stability for an investor.
The tenancy includes Just Cats in Suite A under a long-term lease through 2034, responsible for 22.7 percent of CAM charges, real estate taxes, and insurance, with 3 percent rent increases every three years. OneHealth Pharmacy occupies Suite B on a year-to-year basis and pays its proportionate share of CAM charges, real estate taxes, and insurance, with 2.5 percent annual increases. New York Cancer & Blood Specialists occupies Suite C under a lease running through 2032 and is responsible for 50.9 percent of CAM charges, real estate taxes, and insurance, with 2.5 percent annual increases. Envision Marketing occupies the garage space under an annual renewal structure, with utilities included in rent. Together, these tenants create a stable, diversified rent roll with minimal landlord responsibilities.