Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    304 Larkfield Rd East Northport, NY 11731

    Sponsored
    For Sale
    $1,000,000

    COMMERCIAL - East Northport, NY

    Property size:
    2,336 SF
    Lot size:
    0.32 Acres
    Days on Market:
    11
    Last Refresh:
    Feb 6 at 4:06 pm

    Property Features for 304 Larkfield Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C6
    Rooms
    Basement
    APN
    0400-119-00-01-00-115-000
    Parking features
    Parking Lot
    Basement
    Walk-Out Access, Full, Unfinished
    Size
    2,336 SF
    Lot size
    0.32 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Cesspool
    Water source
    Public

    Building Details

    Floors in Building
    1
    Number of units
    2
    Building materials
    Block, Frame, Vinyl Siding

    We can help!

    Listing Contact
    Kevin M. Leatherman ABR SFR C2EX A

    Leatherman Homes (516) 766-1400

    Listing agent Kevin M. Leatherman ABR SFR C2EX A (516) 984-1815

    Listing date Jan 27, 2026

    MLS# 933044

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Mixed-Use Property with Income Potential

    This property features two structures on a single deed, offering potential for investment income or end-user occupancy. The front building, measuring 40x44 (1,723 sq ft), is a one-level structure built on a slab, featuring high ceilings and oversized drive-in front doors. The rear building, known as 5 5th Avenue, measures 30x45 (2,336 sq ft) and includes two levels plus a full unfinished basement with an outside entrance, providing substantial storage space. The mixed-use house is currently configured for commercial use on both floors, but the second floor can be modified for residential use to meet Town of Huntington requirements. The exteriors of both buildings were renovated in 2025, including new roofs. The property is zoned C-6 General Business, making it suitable for various commercial applications. It is located directly across from Mario's Pizzeria, a local business established in 1969. The property offers exceptionally low annual property taxes of $18,159.48 for both buildings. It is ready for interior layouts and finishes to suit specific needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Northport
    County
    Suffolk
    State
    New York
    Longitude
    -73.323504
    Latitude
    40.871574

    Nearby Similar for Sale

    • $699,999
      Pending

      East Northport Two-Family Home

      Two-family home with spacious yard in East Northport.
      167 Vernon Valley Rd, East Northport, NY 11731
      View Details
    • $3,800,000
      2,624 SF

      NNN Leased 7-Eleven Investment

      NNN leased 7-Eleven with corporate guarantee and rent increases.
      3041 Jericho Tpke, East Northport, NY 11731
      View Details
    • $948,000

      Updated Two-Family Home

      Move-in ready, updated two-family home in East Northport.
      49 Georgia St, East Northport, NY 11731
      View Details
    • $1,300,000
      32,300 SF

      Retail Property in East Northport

      Retail property in a high traffic area of East Northport.
      352-354 Larkfield Rd, East Northport, NY 11731
      View Details
    • $479,000
      Pending

      East Northport Mixed-Use Property

      Mixed-use property in East Northport, NY, approximately 2,500 square feet.
      126 Laurel Rd, East Northport, NY 11731
      View Details
    • $775,000
      4,000 SF

      Prime East Northport Storefront

      4,000 SF Retail Space - Owner/User
      502 Larkfield Rd, East Northport, NY 11731
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two buildings on one deed, renovated exteriors, flexible zoning.
    Where is this mixed-use property located?
    The property is located at 304 Larkfield Rd East Northport, NY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Two structures on one deed offer flexibility for various uses and income potential.; - Enjoy exceptionally low annual property taxes of $18,159.48 for both buildings.; - C-6 General Business Zoning provides a wide range of commercial possibilities.
    (516) 984-1815
    Request Owner's contact information
    304 Larkfield Rd East Northport, NY 11731
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    304 Larkfield Rd
    East Northport, NY 11731
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    304 Larkfield Rd East Northport, NY 11731
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kevin M. Leatherman ABR SFR C2EX A
    (516) 984-1815
    Learn more
    Google sign-in failed. Please try again or use another login method.