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    620 Waverly Ave Patchogue, NY 11772

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    For Sale
    $3,500,000

    14,300 SF retail building in excellent condition for sale.

    Property size:
    14,300 SF
    Lot size:
    1.44 Acres

    Property Features for 620 Waverly Ave

    General Information

    Size
    14,300 SF
    Lot size
    1.44 Acres

    Source: New York Commercial Real Estate Agent Jack Jawdat

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

    Overview

    Retail Building on 1.44 Acres

    This 14,300 square foot retail building is situated on a 1.44-acre lot. The property is zoned J2 and features gas heat and HVAC for air conditioning. Electrical service is provided by a 200 amp system, and the property utilizes a septic system for sewer. The property's condition is excellent. Taxes are $49,634, with a net operating income of $205,581 and CAM charges of $75,975.
    Insight Report Location Intelligence

    Current Use by Public Records

    UFCW Labor Union WAVERLY MARTIAL ARTS Martial Arts School Ballroom Factory Dance ... Dance School CM SR22 Insurance ... Insurance Company Huntington Learning Center ... Tutoring Service

    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

    • Map
    • Local Demand
    City
    Patchogue
    County
    Suffolk
    State
    New York
    Longitude
    -73.041063
    Latitude
    40.784727

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    FAQs

    What type of property is this?
    Retail property - 14,300 SF retail building in excellent condition for sale.
    Where is this retail property located?
    The property is located at 620 Waverly Ave Patchogue, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - High Net Operating Income (NOI): $205,581; - Excellent Condition; - Large Building Size: 14,300 SF
    (631) 656-0360
    Request Owner's contact information
    620 Waverly Ave Patchogue, NY 11772
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    Patchogue, NY 11772
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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
    620 Waverly Ave Patchogue, NY 11772
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