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Two-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

119-123 N Wellwood Avenue, Lindenhurst, NY 11757

Two-story mixed-use property with six studio apartments and five commercial units, including a restaurant, dance studio, tasting room, and medical office.

Property SizeContact for details
Days on Market117

Property Features for 119-123 N Wellwood Avenue

General Information

Standard status Pending
Property subtype Mixed Use

Additional Details

Road Access Yes
Multifamily Units 6

Building Details

Stories 2
Tenancy Multi
Listing Agency: RIPCO Real Estate New York
Listed By: Kevin Schmitz · License #NY 10401284640
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 4 at 9:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RIPCO Real Estate New York

Investment Insights

Based on property information with market context.

The property is a two-story mixed-use building offering six studio apartments and five commercial units. Four of the six apartments have been renovated, with the remaining two units presented as unrenovated space for value-add. The commercial lineup includes a Japanese restaurant, a dance studio, a tasting room, and a medical office affiliated with Good Samaritan Regional Medical Center.

Bakuto Japanese Restaurant and WA Meadwerks & Tasting Room both offer outdoor dining in the rear courtyard. The building is located on North Wellwood Avenue, on a highly trafficked thoroughfare just north of the intersection with W Hoffman Avenue, and it is only a few blocks from the Lindenhurst Long Island Rail Road station. Tenants and customers can also access municipal parking lots surrounding the property.

Overall, the asset provides a combined residential and income-producing commercial configuration within the downtown Lindenhurst market.

Key Highlights

  • Two‑story mixed‑use building with six studio apartments and five commercial units
  • Commercial tenants include Bakuto Japanese Restaurant, Elite Dance Studio, WA Meadwerks & Tasting Room, and a medical office affiliated with Good Samaritan Regional Medical Center
  • Courtyard at the rear supports outdoor dining for Bakuto Japanese Restaurant and WA Meadwerks

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Law Firm Pharmacy Parking Lot & Garage Grocery & Convenience Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby

Demographics for 11757, NY

45,157
Population
15,212
Households
3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.8 sq mi
ZIP Area
6,641
Density / Sq Mi
$128,081
Median Household Income
$56,059
Median Earnings
$2,091
Median Rent
$479,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story mixed-use property with six studio apartments and five commercial units, including a restaurant, dance studio, tasting room, and medical office.
Where is this apartment building located?
The property is located at 119-123 N Wellwood Avenue Lindenhurst, NY.
What are key features of this property?
This property features: Two‑story mixed‑use building with six studio apartments and five commercial units; Commercial tenants include Bakuto Japanese Restaurant, Elite Dance Studio, WA Meadwerks & Tasting Room, and a medical office affiliated with Good Samaritan Regional Medical Center; Courtyard at the rear supports outdoor dining for Bakuto Japanese Restaurant and WA Meadwerks
(718) 663-2644 Call to check price and availability
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