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Two-Building Retail Center
For Sale
$1,925,000

409 Lake Ave, Nesconset, NY 11767

Retail property comprising two freestanding buildings with on-site parking and access to established commercial corridors.

Property SizeContact for details
Days on Market195

Property Features for 409 Lake Ave

General Information

Standard status Active
Total Parking Spaces 38
Property subtype Strip Center

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Building Details

Buildings 2
Listing Agency: American Investment Properties
Listed By: Ron Koenigsberg · License #31K00933350
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 31 Last Checked: Aug 31 at 4:36AM

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 American Investment Properties

Investment Insights

Based on property information with market context.

This retail property includes two freestanding buildings configured as a small neighborhood-oriented center. Approximately 38 on-site parking spaces support the buildings and provide customer access.

The property occupies the corner of Smithtown Blvd and Lake Ave in Nesconset, NY. Nearby neighborhood retail and amenities add surrounding commercial context, while the site is close to the Smithtown Bypass and the Long Island Expy.

Key Highlights

  • Two freestanding retail buildings
  • Approximately 38 on‑site parking spaces
  • Corner location at Smithtown Blvd and Lake Ave

Property Analytics

Current Use

New Best Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Auto Parts Store Auto Repair Shop

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Shops & Services 35% Home Improvements & Furnishings 23%
Costello's Ace Hardware of Nesconset Home Improvements & Furnishings
11,956 visits/mo 0.3 miles
Starbucks Dining
11,579 visits/mo 0.2 miles
7-Eleven Shops & Services
9,494 visits/mo 0.3 miles
M&T Bank Shops & Services
8,915 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,782 visits/mo 0.1 miles

Demographics for 11767, NY

14,379
Population
4,961
Households
2.9
Avg Household Size
44
Median Age
47%
College-Educated
95%
High-School Grad
4.3 sq mi
ZIP Area
3,344
Density / Sq Mi
$148,762
Median Household Income
$68,418
Median Earnings
$2,029
Median Rent
$615,800
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail property comprising two freestanding buildings with on-site parking and access to established commercial corridors.
Where is this strip mall located?
The property is located at 409 Lake Ave Nesconset, NY.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Two freestanding retail buildings; Approximately 38 on‑site parking spaces; Corner location at Smithtown Blvd and Lake Ave
More about this property
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