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    Undisclosed Address Riverhead, NY 11901

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    For Sale
    $999,000

    0.23-acre lot with renovated office and proposed expansion plans.

    Lot size:
    0.23 Acres

    Property Features for Undisclosed Address

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    2024

    Source: STOEBE & CO Agent Antoinette Iodice

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

    Overview

    Versatile Lot with Renovated Office

    A 0.23-acre lot is available for sale in Riverhead, featuring a recently gut-renovated 400 sq. ft. office with a full bathroom. The property is fully fenced and includes a spacious, cleared rear area suitable for vehicle parking, storage, or car sales. Proposed plans are in place for a 5120 sq. ft. standalone building, which includes 3445 sq. ft. of residential space and a 1675 sq. ft. garage space. The proposed building will feature three apartments above a two-car garage and a ground floor apartment. The realization of these plans is pending sewer installation. This versatile property is suited to support business growth and future development.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Map

    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.642
    Latitude
    40.953

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    FAQs

    What type of property is this?
    Parking lot & garage - 0.23-acre lot with renovated office and proposed expansion plans.
    Where is this parking lot & garage located?
    The property is located at Undisclosed Address Riverhead, NY.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Fully fenced 0.23-acre lot with cleared rear area suitable for parking, storage, or car sales.; - Recently gut-renovated 400 sq. ft. office with a full bathroom.; - Proposed plans for a 5120 sq. ft. building with three apartments above a two-car garage and a ground floor apartment (pending sewer installation).
    (631) 208-7328
    Request Owner's contact information
    Undisclosed Address 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
    Undisclosed Address Riverhead, NY 11901
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