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    211-217 Smithtown Blvd Nesconset, NY 11767

    Sponsored
    For Sale
    $1,925,000

    Two Fully Leased Retail Buildings

    Property size:
    9,121 SF

    Description

    Added:
    Jan 14, 2025
    Days on Market:
    359
    This exceptional investment opportunity presents two fully occupied retail buildings totaling 9,121 square feet, situated on a 0.75-acre lot in the thriving Nesconset, NY market. Located at 211-217 Smithtown Blvd and 409-419 Lake Ave, this property boasts a prime location near major roadways, including the Smithtown Bypass and the Long Island Expressway, ensuring high visibility and accessibility. The buildings offer approximately 38 on-site parking spaces, providing ample convenience for customers and tenants. With a strong net operating income of $96,171, this property represents a compelling investment opportunity in a vibrant and growing community. The property's strategic location near other neighborhood amenities further enhances its appeal and potential for continued success. This is a rare chance to acquire a well-established, income-producing retail portfolio in a desirable Long Island location. The asking price is $1,925,000.

    Property Features for 211-217 Smithtown Blvd

    General Information

    Property type
    Other retail properties
    Square Feet
    9,121 SF
    Price / Square Foot
    $211
    Class
    C
    Total Parking Spaces
    38
    Elevators
    N/A
    Lot Size
    32,670 SF
    Net Operating Income
    $96,171

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1

    HighLights

    • 9,121 square foot retail building in Nesconset, NY, available for sale.
    • Fully occupied, two‑building retail strip center with 38 on‑site parking spaces.
    • Prime location near Smithtown Bypass and Long Island Expressway, offering high visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm 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

    City
    Nesconset
    State
    New York

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    FAQs

    What type of property is this?
    Other retail property - Two Fully Leased Retail Buildings
    Where is this other retail property located?
    The property is located at 211-217 Smithtown Blvd Nesconset, NY.
    What is the asking price?
    The asking price for this property is $1,925,000.
    What are key features of this property?
    This property features: 9,121 square foot retail building in Nesconset, NY, available for sale.; Fully occupied, two-building retail strip center with 38 on-site parking spaces.; Prime location near Smithtown Bypass and Long Island Expressway, offering high visibility.
    (516) 393-2300
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    211-217 Smithtown Blvd Nesconset, NY 11767
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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
    211-217 Smithtown Blvd Nesconset, NY 11767
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