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    1190 Old Country Rd Riverhead, NY 11901

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    For Sale
    $1,750,000

    Two-unit medical office building in Riverhead, ideal for owner/user.

    Property size:
    3,446 SF

    Property Features for 1190 Old Country Rd

    General Information

    Size
    3,446 SF

    Building Details

    Year built
    1959

    Source: Lee Rosner, SIOR CCIM Agent Lee Rosner, SIOR CCIM

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

    Overview

    Medical Office Building on Old Country Road

    The property at 1190 Old Country Road is a 3,446 square foot medical office building featuring two units. Constructed in 1959 and subsequently renovated, the building is well maintained with a concrete block and wood frame. It is situated on a 0.36-acre lot and includes 20 private parking spaces. The property offers direct access to Old Country Road (County Road 58) and is connected to the town sewer system. Zoned SC - Shopping Center, the property allows for retail, office, and restaurant uses. The building is currently 100% occupied and is suitable for an owner/user/investor. The existing tenants have indicated they would consider short-term lease extensions, and the property can be delivered vacant with six months' notice to each tenant. The medical building is highly visible and benefits from its location with direct access from County Road 58. It is adjacent to Walgreens and a signaled intersection at CR 58 and Harrison Avenue, and it is located approximately one-half mile from Peconic Bay Medical Center. The property is also near Target and Planet Fitness.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    IslandWide Dermatology - David ... Dermatologist Oral Surgeons Dental Clinic Friedel William DDS Dentist Alexa Haemer Dermatologist Dr. Robert Maimone Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing 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
    -72.680688
    Latitude
    40.9306134

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    FAQs

    What type of property is this?
    Medical office - Two-unit medical office building in Riverhead, ideal for owner/user.
    Where is this medical office located?
    The property is located at 1190 Old Country Rd Riverhead, NY.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Highly visible location with direct access to County Road 58 (Old Country Road) and close proximity to Peconic Bay Medical Center, Walgreens, Target, and Planet Fitness.; - Zoned SC - Shopping Center, allowing for retail, office, and restaurant uses.; - Suitable for owner/user/investor with potential for short-term lease extensions or vacancy with six months' notice.
    (631) 786-0557
    Request Owner's contact information
    1190 Old Country Rd 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
    1190 Old Country Rd Riverhead, NY 11901
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