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Retail Space with Basement

40 S Ocean Avenue, Patchogue, NY 11772

For Lease
$2,200/Mo

Commercial Lease, Patchogue, NY

Space Size700 SF
Days on Market33

Property Features for 40 S Ocean Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning D3
Rooms Basement
Parking features Parking Lot
Middle school South Ocean Middle School
High school Patchogue-Medford High School
Elementary school district Patchogue-Medford
Middle school district Patchogue-Medford
High school district Patchogue-Medford
Standard status Active

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2000

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Oil
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

municipal parking

Building Details

Floors in Building 1
Building materials Brick
Listing Agency: Century 21 Crown Homes · Century 21 Real Estate
Listed By: Kim Caroselli · License #10401268129
Added: Oct 8 Changed: Nov 6 Last Checked: Nov 9 at 7:06AM
MLS# 1063210

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 700-square-foot retail space at 40 S Ocean Avenue includes basement use. The building is brick, with oil heat and window-unit cooling. Water is available, and the property has public water and sewer service.

Municipal parking is located behind the property. The space is zoned D3 and is south of Montauk Highway.

Key Highlights

  • 700 square feet of retail space
  • Basement use included
  • Municipal parking behind the property

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Patchogue Shores Community ... Community Center The Gallery at 40 South Art Gallery Joe Black Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Home Appliance Store Storage Facility

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$5.66 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,777
Businesses Nearby
92k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 61% Dining 23% Electronics 10% Groceries 6%
Starbucks Dining
16,089 visits/mo 0.2 miles
7-Eleven Shops & Services
13,766 visits/mo 0.5 miles
Bank of America Shops & Services
10,990 visits/mo 0.1 miles
Chase Bank Shops & Services
7,388 visits/mo 0.1 miles
Family Dollar Shops & Services
6,401 visits/mo 0.2 miles

Demographics for 11772, NY

44,459
Population
18,478
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
89%
High-School Grad
16.1 sq mi
ZIP Area
2,761
Density / Sq Mi
$105,246
Median Household Income
$55,170
Median Earnings
$2,015
Median Rent
$450,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Retail space in Suffolk County, NY

$47.48 Jul
$48.76 Aug
$53.35 Sep
$48 Oct

Properties on Market for Retail space in Suffolk County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The 700-square-foot unit includes basement use, with municipal parking located behind the property.
Where is this retail space located?
The property is located at 40 S Ocean Avenue Patchogue, NY.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: 700 square feet of retail space; Basement use included; Municipal parking behind the property
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Includes: Price & PSF · Cap rate · Location · Zoning

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