Divisible Mixed-Use
2-20 Larkfield Road, East Northport, NY 11731
For Sale
Contact for pricing
The commercial premises can be built to suit and arranged as separate spaces.
Property Size500 SF
Price / SF$0.07
Days on Market41
Property Features for 2-20 Larkfield Road
General Information
Standard status
Size
Property subtype
Listing Agency:
BERKSHIRE HATHAWAY
(631) 824-8484
Listed By:
Andrew Roehrig · License #10401331187
(631) 484-2298
Source:
Neilcharlesrealestate
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 8 at 2:21PM
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 BERKSHIRE HATHAWAY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A mixed-use commercial property within a shopping center, with storefront and warehouse space. The premises can be configured to suit and divided into separate spaces.
Key Highlights
- Space can be divided into separate units
- Build‑to‑suit configuration available
- Includes storefront and warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,662
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,240
$153.2K
Cap Rate 7%
$109,457
$109.5K
Cap Rate 9%
$85,133
$85.1K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$9.6K $19.20/SF
− Vacancy
−$586 −$1.17/SF
EGI
$9.0K $18.03/SF
− OpEx
−$1.4K −$2.70/SF
NOI
$7.7K $15.32/SF
Area
Suffolk County, NY
Vacancy
6.10%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,240
Cap Rate 7%
$109,457
Cap Rate 9%
$85,133
Alternative Uses
Best Use
Retail
$139.7K
$122.2K – $162.9K
NOI $9,776 @ 7.0% cap · market cap 27,931.43%
Second Best
Mixed Use
$127.2K
$111.3K – $148.4K
NOI $8,901 @ 7.0% cap · market cap 25,431.43%
Theoretical Best
Office A
$152.3K
$133.3K – $177.7K
NOI $10,663 @ 7.0% cap · market cap 30,465.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
724
Businesses Nearby
Explore this area
Business Placement
Demographics for 11731, NY
30,353
Population
11,073
Households
2.7
Avg Household Size
44
Median Age
51%
College-Educated
96%
High-School Grad
8.3 sq mi
ZIP Area
3,657
Density / Sq Mi
$158,819
Median Household Income
$68,071
Median Earnings
$2,261
Median Rent
$622,100
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Suffolk County, NY
Properties on Market for Mixed-use properties in Suffolk County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The commercial premises can be built to suit and arranged as separate spaces.
Where is this mixed-use property located?
The property is located at 2-20 Larkfield Road East Northport, NY.
What are key features of this property?
This property features: Space can be divided into separate units; Build‑to‑suit configuration available; Includes storefront and warehouse space
