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    1442 Middle Country Rd Centereach, NY 11720

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    For Sale
    $1,500,000

    Free-standing retail building with stable income and redevelopment potential.

    Property size:
    3,500 SF
    Lot size:
    1.43 Acres

    Property Features for 1442 Middle Country Rd

    General Information

    Size
    3,500 SF
    Lot size
    1.43 Acres

    Source: RIPCO Real Estate - Queens Agent Stephen R. Preuss

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

    Overview

    Centereach Retail Building For Sale

    This free-standing single-tenant retail building is occupied by a tattoo, piercing, and jewelry store that has been at this location in Long Island since 1991. The tenant has been operating at the location for 34 years. The property includes dedicated on-site parking. The existing lease has four years remaining with a 2-year extension option and 4% annual escalations. Situated on an approximately 1.71-acre lot, the property offers potential future redevelopment opportunities. The building size is 3,500 square feet. Several new retail and residential developments are planned in the area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Asian Massage Massage Therapist

    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
    Centereach
    County
    Suffolk
    State
    New York
    Longitude
    -73.064736
    Latitude
    40.861047

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    FAQs

    What type of property is this?
    Retail space - Free-standing retail building with stable income and redevelopment potential.
    Where is this retail space located?
    The property is located at 1442 Middle Country Rd Centereach, NY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Stable income from long-term tenant (34 years) in the Tattoo, Piercing, and Jewelry business; - Four years remaining on the lease with a 2-year extension option; - Annual lease escalations of 4%
    (516) 647-7155
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    1442 Middle Country Rd Centereach, NY 11720
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    Centereach, NY 11720
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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
    1442 Middle Country Rd Centereach, NY 11720
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