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Restaurant with Outdoor Seating
For Sale
$7,000,000

641 Medford Ave, Patchogue, NY 11772

The dining setup accommodates both indoor and outdoor service.

Property SizeContact for details
Days on Market11

Property Features for 641 Medford Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $39,371
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane · License #1020151
Source: Exprealty
Added: Sep 25 Changed: Oct 1 Last Checked: Oct 4 at 7:20PM

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 All Island Estates Realty Corp

Investment Insights

Based on property information with market context.

This restaurant includes LED lighting and seating for 270 guests indoors, with an additional 70 seats outdoors.

Key Highlights

  • 270 interior seats and 70 outdoor seats
  • LED lighting

Property Analytics

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Current Use

Ristegio's Restaurant & Lounge Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Hair Salon Spa & Massage Center Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 48% Home Improvements & Furnishings 1%
7-Eleven Shops & Services
9,986 visits/mo 0.3 miles
KFC Dining
8,035 visits/mo 0.1 miles
Dunkin' Donuts Dining
7,966 visits/mo 0.3 miles
Valero Energy Shops & Services
4,145 visits/mo 0.1 miles
SUBWAY Dining
2,071 visits/mo 0.5 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
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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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The dining setup accommodates both indoor and outdoor service.
Where is this conventional restaurant located?
The property is located at 641 Medford Ave Patchogue, NY.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 270 interior seats and 70 outdoor seats; LED lighting
More about this property
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