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    165 Ocean Ave Patchogue, NY 11772

    Sponsored
    For Sale
    $900,000

    Prime Commercial Land, Ocean Avenue

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 165 N Ocean Avenue in Patchogue, New York, presents a unique investment opportunity. The asking price is $900,000. Zoned RES B COMMERCIAL, this high-visibility corner lot offers significant potential for a variety of commercial ventures. Its prime location on Ocean Avenue ensures substantial foot traffic and excellent brand exposure. The sale includes an additional lot, identified by a separate tax map number, all conveyed under a single deed, providing an expansive footprint for development. The property is classified as Special Purpose Land and is situated in Suffolk County, New York, with a zip code of 11772. Its precise coordinates are 40.7690887 latitude and -73.0147428 longitude. The absence of existing buildings allows for complete design flexibility, catering to a wide range of commercial projects. This is a rare chance to acquire a substantial commercial parcel in a thriving village setting, offering unparalleled visibility and development potential. The property's size and zoning make it ideal for a variety of uses, subject to local regulations and approvals. Serious inquiries are encouraged to explore the possibilities this exceptional location offers. The combined lots offer a significant area for development.

    Property Features for 165 Ocean Ave

    General Information

    Property type
    Land

    HighLights

    • $900,000 asking price.
    • Special purpose land zoned RES B.
    • Commercial property located at 165 N Ocean Avenue, Patchogue, NY 11772.
    • High visibility corner lot.
    • Includes an additional lot (two tax map numbers, one deed).
    Property Profile Location Intelligence

    Current Use by Public Records

    Yannacone & Yannacone Attorney Restoration & Revival Center Church

    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
    Patchogue
    County
    Suffolk
    State
    New York
    Longitude
    -73.0147428
    Latitude
    40.7690887

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Ocean Avenue
    Where is this land located?
    The property is located at 165 Ocean Ave Patchogue, NY.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: $900,000 asking price.; Special purpose land zoned RES B.; Commercial property located at 165 N Ocean Avenue, Patchogue, NY 11772.
    Request Owner's contact information
    165 Ocean Ave Patchogue, NY 11772
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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
    165 Ocean Ave Patchogue, NY 11772
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