419-437 Hawkins Ave, Ronkonkoma, NY 11779
Retail strip with tenants and lease-up opportunity near transportation.
- Added:
- Mar 6, 2026
- Days on Market:
- 113
- Last Refresh:
- Mar 16 at 3:05 pm
Property Features for 419-437 Hawkins Ave
General Information
- Standard status
- Active
- Size
- 12,476 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1950
Listing office American Investment Properties
Listing date Mar 6, 2026
Source Crexi
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
HighLights
- Storefront retail strip with multiple tenants provides immediate income.
- Vacancy offers a lease‑up opportunity for increased revenue.
- Convenient location near the Long Island Expressway.
- Proximity to the Ronkonkoma LIRR train station enhances accessibility.
- Surrounded by other neighborhood retail spaces, benefiting from established customer traffic.
- Built in 1950, the property offers potential for renovation or redevelopment.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $374.3k | $30.00 |
| − Vacancy | −$25.8k | −$2.07 |
| EGI | $348.5k | $27.93 |
| − OpEx | −$104.5k | −$8.38 |
| NOI | $243.9k | $19.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ronkonkoma
- County
- Suffolk
- State
- New York
- Longitude
- -73.107485
- Latitude
- 40.823842
