Two-Building Mixed-Use
1913 Deer Park Avenue, Deer Park, NY 11729
For Sale
Contact for pricing
The offering pairs renovated office space with a vacant building suited to retail or food use.
Property Size5,400 SF
Price / SF$388.89
Days on Market34
Property Features for 1913 Deer Park Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Public Transit
Mixed-Use Components
Additional Details
Office Units
Tenant in Place
Building Details
Buildings
Building Size
Tenancy
Listing Agency:
Douglas Elliman Commercial Division
Listed By:
Michael Murphy · License #NY 10491211076
(631) 858-2460
Source:
Crexi
Added: Oct 7
Changed: Nov 8
Last Checked: Nov 8 at 5:20PM
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 Douglas Elliman Commercial Division
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Investment Insights
Based on property information with market context.
This Deer Park offering combines two buildings: a renovated, two-story office property with six office units and a vacant 1,350-square-foot building previously used as a bar or restaurant. The office building measures approximately 5,400 square feet and has month-to-month tenants. The vacant building requires purchaser-completed build-out; retail and food uses are identified for the space in the property information.
The properties sit at the signalized intersection of Deer Park Avenue and Long Island Avenue. Nearby businesses include ShopRite, Gregorys Coffee, Taco Bell, Dunkin', Northwell Health, CityMD and Mavis Discount Tire. The Deer Park Tanger Outlet Center is also noted as a nearby destination.
The properties sit at the signalized intersection of Deer Park Avenue and Long Island Avenue. Nearby businesses include ShopRite, Gregorys Coffee, Taco Bell, Dunkin', Northwell Health, CityMD and Mavis Discount Tire. The Deer Park Tanger Outlet Center is also noted as a nearby destination.
Key Highlights
- Two‑building offering at Deer Park Avenue and Long Island Avenue
- Approximately 5,400‑square‑foot, renovated two‑story office building
- Office building contains six units with month‑to‑month tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,575
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,111,500
$2.1M
Cap Rate 7%
$1,508,214
$1.5M
Cap Rate 9%
$1,173,056
$1.2M
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$162.0K $30.00/SF
− Vacancy
−$11.2K −$2.07/SF
EGI
$150.8K $27.93/SF
− OpEx
−$45.2K −$8.38/SF
NOI
$105.6K $19.55/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,111,500
Cap Rate 7%
$1,508,214
Cap Rate 9%
$1,173,056
Alternative Uses
Best Use
Retail
$1.51M
$1.32M – $1.76M
NOI $105,575 @ 7.0% cap · market cap 5.03%
Second Best
Mixed Use
$1.37M
$1.20M – $1.60M
NOI $96,131 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,156 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
6
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 11729, NY
28,569
Population
9,104
Households
3.1
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,608
Density / Sq Mi
$138,350
Median Household Income
$60,089
Median Earnings
$1,889
Median Rent
$496,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Suffolk County, NY
Properties on Market for Mixed-use properties in Suffolk County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The offering pairs renovated office space with a vacant building suited to retail or food use.
Where is this mixed-use property located?
The property is located at 1913 Deer Park Avenue Deer Park, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two‑building offering at Deer Park Avenue and Long Island Avenue; Approximately 5,400‑square‑foot, renovated two‑story office building; Office building contains six units with month‑to‑month tenants
