Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3951 Lake Ave Riverhead, NY 11901

    For Lease
    Contact for pricing

    Bowling alley with restaurant, bar, and party room.

    Property size:
    18,819 SF
    Lot size:
    1.08 Acres

    Property Features for 3951 Lake Ave

    General Information

    Size
    18,819 SF
    Lot size
    1.08 Acres

    Source: Brown Harris Stevens Commercial Real Estate, LLC Agent Allan Dorman

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

    Overview

    Bowling Alley with Restaurant & Bar

    This property features a bowling alley with 16 lanes, a restaurant, a bar, a party room, and bathrooms on the first floor. The second floor includes a 1,600 square foot party room that can accommodate 75 or more people. The property offers excellent visibility and signage opportunities on Lake Avenue. It is located in close proximity to Downtown Riverhead and Suffolk Community College. The property size is 18,819 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bowling alleys

    Suggested Use

    Realty agency Hair Salon Hotel & Motel Kitchen & Bath Bar & Pub Electrical Service Pawn Shop Cosmetics Store Assisted Living Facility Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.68075
    Latitude
    40.895226

    Nearby Similar for Lease

    • $5,500 /Mo
      2,300 SF

      Renovated Office Space in Riverhead

      Fully renovated office space in Riverhead, NY with many uses.
      189 Main- Suite A Rd, Riverhead, NY 11901
      View Details
    • New
      $3,250 /Mo

      Riverhead Commercial Space For Lease

      Spacious ground floor space in Riverhead with high ceilings.
      42 W Main St, Riverhead, NY 11901
      View Details
    • $2,995 /Mo
      2,707 SF

      Riverhead Office Space For Rent

      Office space available in Riverhead, ready for October 1st.
      201 Howell Ave, Riverhead, NY 11901
      View Details
    • $2,500 /Mo

      Riverhead Office/Storefront For Rent

      676 sq ft office/storefront in downtown Riverhead, NY.
      131 Roanoke Ave, Riverhead, NY 11901
      View Details
    • $2,200 /Mo
      15,682 SF

      Downtown Riverhead Commercial Space Available

      Prime 800 sq ft commercial space in vibrant downtown Riverhead.
      331 E Main St, Riverhead, NY 11901
      View Details
    • $8,400 /Mo
      5,600 SF

      Charming Office in Landmark Location

      Impressive office space with historic charm in Riverhead, NY.
      206 Roanoke Ave, Riverhead, NY 11901
      View Details

    FAQs

    What type of property is this?
    Bowling alley - Bowling alley with restaurant, bar, and party room.
    Where is this bowling alley located?
    The property is located at 3951 Lake Ave Riverhead, NY.
    What are key features of this property?
    This property features: - 16 Bowling Lanes for entertainment; - Restaurant and Bar on-site; - 1,600 Square Foot Party Room (Capacity 75 +/-)
    (631) 387-3540
    Request Owner's contact information
    3951 Lake Ave Riverhead, NY 11901
    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.
    3951 Lake Ave
    Riverhead, NY 11901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3951 Lake Ave Riverhead, NY 11901
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.