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

    95 Love Ln Mattituck, NY 11952

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,300,000

    Prime Location, High Visibility, HB Zoning

    Property Features for 95 Love Ln

    General Information

    Property type
    Other commercial real estate

    We can help!

    Listing Contact
    Susan M. Orioli
    Susan M. Orioli

    Listing Agency: Engel & Völkers North Fork Listing Agent: Susan M. Orioli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property, located at 95 Love Lane in Mattituck, NY, presents a unique investment opportunity. Situated on a highly visible corner of the renowned North Fork shopping street, Love Lane, this property benefits from a bustling retail environment. Love Lane's charming boutiques, artisanal shops, and eateries create a vibrant community atmosphere attracting both local residents and tourists, providing a strong consumer base. The property offers convenient curbside parking, significantly enhanced by the proximity of two large municipal parking lots, one directly adjacent. Two curb cuts ensure optimal accessibility for both pedestrians and vehicles, maximizing traffic flow. The HB zoning designation allows for a wide range of business uses, making this an ideal location for various ventures. This prime location combines high visibility, excellent accessibility, and the historical charm of Love Lane, offering a coveted spot for businesses seeking to thrive in a thriving community. The asking price is $1,300,000. The lot size is zero acres. The property type is General Commercial. While the square footage is not specified, the property's prominent location and accessibility make it a highly desirable commercial space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mattituck Florist (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Mattituck
    County
    Suffolk County
    State
    New York
    Longitude
    -72.53462
    Latitude
    40.99139

    Nearby Similar for Sale

    • $3,500,000
      5,377 SF

      Mattituck Commercial Property on Route 25

      Updated commercial property with six units on the North Fork.
      75 Marlene Ln, Mattituck, NY 11952
      View Details
    • $2,795,000
      5,250 SF

      Mixed-Use Commercial Compound, Prime Location

      Mixed-use property in Mattituck's business district with retail and residential.
      13500 Main Rd, Mattituck, NY 11952
      View Details
    • $1,795,000

      Mattituck Mixed-Use Investment Opportunity

      Commercial property with retail space and residential income in Mattituck.
      13100 Main Rd, Mattituck, NY 11952
      View Details
    • $2,075,000
      2.38 Acres

      385 New Suffolk Ave, Mattituck, NY 11952

      Commercial real estate • 2.38 Acres
      385 New Suffolk Ave, Mattituck, NY 11952
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, High Visibility, HB Zoning
    Where is this commercial real estate located?
    The property is located at 95 Love Ln Mattituck, NY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (631) 298-7953
    Request Owner's contact information
    95 Love Ln Mattituck, NY 11952
    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.
    95 Love Ln
    Mattituck, NY 11952
    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
    95 Love Ln Mattituck, NY 11952
    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
    Susan M. Orioli
    Susan M. Orioli
    (631) 298-7953 (516) 287-6896
    Learn more
    Google sign-in failed. Please try again or use another login method.