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    559-561 Lake Ave Saint James, NY 11780

    For Sale
    $975,000

    Commercial Sale - Saint James, NY

    Property size:
    4,023 SF
    Days on Market:
    392
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 559-561 Lake Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CB
    APN
    0800-036-00-03-00-002-000
    Parking
    21
    Size
    4,023 SF

    Building Details

    Year built
    1976
    Number of units
    4
    Architectural style
    Other

    Debarbieri Associates Inc. (631) 862-7447 [email protected]

    Listing agent Eric Neitzel GRI (631) 862-7447 License #31NE0783709

    Listing date Nov 19, 2024

    MLS# L3577841 Listing URL

    Copyright © 2025 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.

    Overview

    Mixed-Use Building in Saint James

    This two-story masonry building in Saint James, NY, features a mix of commercial and residential spaces. The property includes four rental units: three commercial store rentals and one second-floor apartment. It offers ample on-site parking with 21 spaces and has a 100ft frontage on Lake Avenue. The building is located across from St. James Elementary School. The building size is 4023 square feet. The property is equipped with four separate electric meters, and utilizes gas, oil, electric, and heat pump heating.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint James
    County
    Suffolk
    State
    New York
    Longitude
    -73.1559272
    Latitude
    40.8735844

    Nearby Similar for Sale

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      Mixed-Use Investment in Saint James

      Mixed-use property with parking and endless potential in St. James.
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    FAQs

    What type of property is this?
    Mixed-use property - Two-story building with commercial and residential units, ample parking.
    Where is this mixed-use property located?
    The property is located at 559-561 Lake Ave Saint James, NY.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Four rental units, including three commercial spaces and one apartment; - Ample on-site parking with 21 spaces; - 100ft frontage on Lake Avenue
    (631) 862-7447
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    559-561 Lake Ave Saint James, NY 11780
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