Cherry Grove, NY
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    Cherry Grove, NY Commercial Real Estate for Sale

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    West Sayville, NY Bay Port, NY Bohemia, NY
    Target Investment Property For Sale
    $22,500,000
    145,000 SF
    Target Investment Property For Sale

    5750 Sunrise Hwy, Sayville, NY

    Freestanding, corporate guaranteed Target with 12 years remaining on lease.
    • Absolute NNN lease structure requiring no landlord responsibilities.
    • Corporate guarantee from Target Corp. (NYSE: TGT), an investment‑grade tenant (S&P: A).
    • Freestanding building in Sayville, New York (Long Island MSA).
    • 12 years remaining on the initial lease term with 5 (10‑year) options to extend.
    • Lease includes 4%+ rental increases every 5 years during the initial term.
    Updated: Aug 6, 2025
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    Boutique Guest House with Bayfront Access
    $10,900,000
    Boutique Guest House with Bayfront Access

    33 Bayview Walk, Cherry Grove, NY 11782

    Boutique hospitality property with 33 guest rooms, pool and hot tub, and rooftop terrace overlooking the Great South Bay.
    • Belvedere Guest House built in 1956 with 33 guest rooms
    • Bayfront property with 200 linear feet of frontage on the Great South Bay
    • Outdoor pool and hot tub, plus rooftop terrace with panoramic Great South Bay views
    • Direct access to pristine beaches
    • Private gym and designed public areas within a Venetian‑inspired boutique guest house
    Updated: Jun 14, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Cherry Grove, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Office Building with Generator
    $2,799,999
    Commercial Office Building with Generator

    Upgraded office building with a newly paved parking lot and installed generator, offering convenient access in a high-traffic area.

    1687 Church St, Holbrook, NY 11741

    View details
    Chick-fil-A Ground Lease Retail
    $6,250,000
    5,226 SF
    Chick-fil-A Ground Lease Retail

    20-year NNN ground lease with a newly opened Chick-fil-A location and fixed rent steps on a high-volume corridor.

    5163 Sunrise Highway, Bohemia, NY 11716

    View details
    NNN Taco Bell Ground Lease
    $3,475,000
    2,412 SF
    NNN Taco Bell Ground Lease

    Long-term Taco Bell ground lease with annual rent escalations every five years, featuring a new 2,412 sf build slated for June 2026.

    5151 Sunrise Hwy, Bohemia, NY 11716

    View details
    Holbrook Industrial Property For Sale
    $2,999,000
    8,000 SF
    Holbrook Industrial Property For Sale

    8,000 SqFt industrial property available in Holbrook, NY.

    1687 Church St, Holbrook, NY 11741

    View details

    Cherry Grove, NY Commercial Real Estate Market Trends and Statistics

    Explore 2 commercial real estate for sale in Cherry Grove, NY on our real estate platform. These investment opportunities span a total of 145,000 square feet of properties for sale, with an estimated market value of $22,500,000.

    Sale prices for business properties in Cherry Grove, NY start at $22,500,000, averaging $22,500,000, and reaching up to $22,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 15K
    Population Growth (5Y) -2.5%
    Median Household Income $144,786
    College Educated 80.6%

    Listings Trend

    New vs delisted commercial listings in Suffolk County

    New Delisted

    Total CRE Inventory on Market (SF)

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