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    One-Story Auto Repair Center Title is generated by Realmo AI

    69 Laurel Road, East Northport, NY 11731

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    Picture of Auto shops at 69 Laurel Road, East Northport, NY
    For Sale
    $950,000

    COMMERCIAL - East Northport, NY

    Property size:
    1,750 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $542/SF
    Added:
    Jun 5, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 5 at 9:06 pm

    Property Features for 69 Laurel Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C6
    Standard status
    Active
    APN
    0400-083-00-01-00-050-000
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    12638

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air, Oil
    Water source
    Public

    Building Details

    Building materials
    Block

    We can help!

    Listing Contact
    George Gabriel

    Listing agent George Gabriel

    Listing office Coldwell Banker American Homes 2395 Ocean Ave Ste 1, East Meadow, NY

    Listing date Jun 5, 2026

    MLS# 1009621

    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.

    HighLights

    • East Northport one‑story repair center on a busy main road with three service bays
    • 1,750 SF of functional workspace with two roll‑up doors for vehicle access
    • 10,890 SF (0.25‑acre) lot with a large parking lot for customer parking and on‑site vehicle storage
    • Forced air oil heat, public water, and public sewer
    • Block construction

    Overview

    This for-sale auto repair center features a one-story building with approximately 1,750 square feet of functional workspace. The facility includes three service bays and two roll-up doors, designed for straightforward vehicle access and service flow. Outside, the property is supported by a large, well-kept parking lot that can accommodate customer parking and on-site vehicle storage. The site sits on a 10,890 square foot parcel (about 0.25 acre).

    The property is located at 69 Laurel Road in East Northport, positioned on a busy main road. The combination of steady traffic and good visibility is intended to support automotive or light industrial operations where customers need convenient access.

    Zoned C6, this site is suited to tenants and buyers seeking a practical automotive repair configuration with multiple bays and grade-level doors. The combination of service-bay layout, vehicle-friendly access, and on-site parking and storage supports everyday operational needs for service and light industrial use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Best Deals Auto ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Gaio's Collision — 347 Larkfield Rd, East Northport, NY 11731
    • Fenix Auto Service — 347 Larkfield Rd, East Northport, NY 11731
    • All Island Auto Glass — 333 Larkfield Rd, East Northport, NY 11731
    • RMD Auto & Marine — 331 Larkfield Rd, East Northport, NY 11731
    • Jasons Auto Repair — 311 Larkfield Rd, East Northport, NY 11731

    Location Insight

    • Map
    • Local Demand
    City
    East Northport
    County
    Suffolk
    State
    New York
    Longitude
    -73.32632
    Latitude
    40.88216

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    FAQs

    What type of property is this?
    Auto shop - One-story repair facility with three service bays and roll-up doors, plus parking for vehicles and customers.
    Where is this auto shop located?
    The property is located at 69 Laurel Road East Northport, NY.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: East Northport one‑story repair center on a busy main road with three service bays; 1,750 SF of functional workspace with two roll‑up doors for vehicle access; 10,890 SF (0.25‑acre) lot with a large parking lot for customer parking and on‑site vehicle storage
    (631) 889-3396
    We can help!
    Listing Contact
    George Gabriel
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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