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    370 Hawkins Ave Ronkonkoma, NY 11779

    Sponsored
    For Sale
    $725,000

    Prime Retail Space, High Traffic Area

    Property size:
    350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 350-square-foot vacant retail building, located at 370 Hawkins Ave, Ronkonkoma, NY 11779, presents a unique redevelopment opportunity. Situated on a 0.23-acre lot with 120 feet of frontage on Hawkins Avenue and the corner of Ryder Place, this property boasts two curb cuts and double drive-thru lanes. Built in 1960, the single-story building is zoned J-2 and offers significant potential for various uses, including a convenience store, coffee shop, quick-service restaurant, or tobacco shop. The property's strategic location benefits from high traffic volume, with nearly 14,000 cars passing daily. The surrounding area demonstrates strong demographics, featuring a median household income exceeding $114,000 within a one-mile radius and a population of over 226,000 people within a five-mile radius. The asking price is $725,000, representing a price per square foot of $2,071.43. The property is offered fee simple and was vacant as of March 15, 2023. This is an owner/user investment opportunity with significant upside potential.

    Property Features for 370 Hawkins Ave

    General Information

    Property type
    Restaurants
    Square Feet
    350 SF
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 120' of frontage on Hawkins Avenue
    • Corner lot at Ryder Place intersection
    • Two curb cuts for convenient access
    • High‑traffic location with 226,000 residents within a 5‑mile radius
    • Affluent area with over $114,000 median household income within 1 mile
    • Exceptional daily traffic count of nearly 14,000 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ronkonkoma
    County
    Suffolk
    State
    New York
    Longitude
    -73.1079211
    Latitude
    40.822747

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 370 Hawkins Ave Ronkonkoma, NY.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: 120' of frontage on Hawkins Avenue; Corner lot at Ryder Place intersection; Two curb cuts for convenient access
    Request Owner's contact information
    370 Hawkins Ave Ronkonkoma, NY 11779
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    370 Hawkins Ave Ronkonkoma, NY 11779
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