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    200 Landing Ave Smithtown, NY 11787

    Sponsored
    For Lease
    $240 SF/Yr

    26,000 SF Free-Standing Retail Building

    Lot size:
    26,000 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    329
    This exceptional free-standing retail property, totaling 26,000 square feet, presents a unique investment opportunity in Smithtown. Built in 1974, the Class B building sits on a 2.43-acre lot and boasts a flexible layout ideal for various business needs. The single-tenant space features a high ceiling (approximately 30 feet) and is column-free, maximizing usable space. Ample parking is available with 104 spaces to accommodate customers, employees, and visitors. The property's convenient location is adjacent to the Smithtown Railroad Station, ensuring excellent accessibility. The zoning is LI, and the building has a floor area ratio (FAR) of 0.26. The property's size allows for divisibility, catering to businesses requiring smaller footprints. This is a rare opportunity to acquire a substantial retail space with significant parking and excellent visibility in a desirable location. The building is a single-story structure with no elevators. The cross street is Landing Ave. This property offers significant potential for a variety of retail uses.

    Property Features for 200 Landing Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,000 SF
    Class
    B
    Total Rate
    520000

    Building Details

    Year Built
    1974
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    26,000 SF
    Rate per SF
    $240

    HighLights

    • 26,000 SF freestanding retail space available for lease.
    • Single‑tenant occupancy.
    • 2.43 acres of land with a 0.26 FAR.
    • Class B building constructed in 1974, featuring one story and 104 parking spaces.
    • Located near Landing Ave and Smithtown Railroad Station, zoned LI.
    Property Profile Location Intelligence

    Current Use by Public Records

    AMF Bowling co. Bowling Alley A Plus Pro Shop Bowling Alley ATM Atm Cardtronics ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithtown
    County
    Suffolk
    State
    New York
    Longitude
    -73.1960812
    Latitude
    40.8574199

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    FAQs

    What type of property is this?
    Retail property - 26,000 SF Free-Standing Retail Building
    Where is this retail property located?
    The property is located at 200 Landing Ave Smithtown, NY.
    What is the lease rate?
    The lease rate is $240 SF/Yr.
    What are key features of this property?
    This property features: 26,000 SF freestanding retail space available for lease.; Single-tenant occupancy.; 2.43 acres of land with a 0.26 FAR.
    Request Owner's contact information
    200 Landing Ave Smithtown, NY 11787
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    Smithtown, NY 11787
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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
    200 Landing Ave Smithtown, NY 11787
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