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    761 E Main St Riverhead, NY 11901

    For Sale
    $1,050,000

    MULTI_FAMILY - Victorian - Riverhead, NY

    Lot size:
    0.62 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 761 E Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Wood Frames
    Rooms
    Bedroom 5, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Dining Room, Basement, Bathroom 1, Bedroom 1
    Bedrooms
    6
    Bathrooms
    4
    APN
    0600-127-00-07-00-024-001
    Parking
    6
    Parking features
    Driveway
    Patio and Porch features
    Porch
    Interior features
    First Floor Full Bath, Chandelier, Eat-in Kitchen, Formal Dining, Natural Woodwork
    Fireplace
    1
    Basement
    Full, Walk-Out Access, Finished
    Lot size
    0.62 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Oil, Hot Water(Heating)
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Frame
    Architectural style
    Victorian

    Bagshaw Real Estate (631) 727-3713 [email protected]

    Listing agent Theodora Cohen (631) 334-8444

    Listing date Nov 8, 2025

    MLS# 913021 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

    Victorian Multi-Family Investment Opportunity

    Located in the heart of Riverhead, this commercially zoned property presents a prime investment opportunity. The 0.62-acre site features two income-producing homes and rare DC-3 zoning, allowing for a wide range of residential and commercial uses on vibrant East Main Street. The property includes a 3,000 sq. ft. Victorian masterpiece built in the early 1900s, showcasing timeless charm and craftsmanship. The home features a solid stone foundation, original oak floors, ribbed oak columns, and a grand mirrored oak fireplace. The three-story residence includes 4 spacious bedrooms, 3 full baths, a finished basement with an outside entrance, and a walk-up finished attic with soaring ceilings. An expansive wraparound porch offers sunset views. Additional structures include a cozy 2-bedroom cottage and a 1700 sq ft building with plans in place for a third residence. Flexible zoning also allows for potential townhouse development. Set in a park-like setting, the property is minutes from Riverhead's restaurants, theater, and shopping outlets, and a short drive to the North Fork's beaches, vineyards, and farms. The annual taxes are $14,456.79.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.652267
    Latitude
    40.922124

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    FAQs

    What type of property is this?
    Single family property - Commercially zoned Riverhead property with income-producing homes and development potential.
    Where is this single family property located?
    The property is located at 761 E Main St Riverhead, NY.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Commercially zoned (DC-3) property on East Main Street for diverse uses.; - Two income-producing homes: a **3,000 sq. ft. Victorian** and a 2-bedroom cottage.; - .62 acre lot with plans for a third residence and potential for townhouse development.
    (631) 334-8444
    Request Owner's contact information
    761 E Main St Riverhead, NY 11901
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    Riverhead, NY 11901
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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
    761 E Main St Riverhead, NY 11901
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