Suffolk County Investment
90 90A 92 94 Old Quogue Rd Riverhead, NY 11901
For Sale
$1,500,000
Two parcels with residential rentals and auto repair shop.
Days on Market77
Property Features for 90 90A 92 94 Old Quogue Rd
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1925
Listing Agency:
(631) 345-5600
Listed By:
Joseph Cordani CBR
(631) 345-5600
Source:
Elliman
Added: May 15
Changed: Jul 10
Last Checked: Jul 16 at 6:47AM
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 Joseph Cordani CBR
Investment Insights
Based on property information with market context.
This unique investment opportunity in Suffolk County features two adjacent lots. The property includes a total of three residential rental homes and an established auto repair shop. One parcel contains two homes: a two-story residence with four bedrooms and a ranch-style home with three bedrooms. The second parcel features a two-story home with two bedrooms, along with the auto repair facility. All units are currently tenant-occupied. Tenants are responsible for their own electric and heat. The property generates a combined annual rent roll of $127,000.00. The property's low taxes contribute to an estimated NOI of $108,206.00, resulting in a 7.21% cap rate. The location has a bike score of 47, indicating it is somewhat bikeable, and a walk score of 49, indicating car dependence.
Key Highlights
- High Net Operating Income (NOI) of $108,206.00
- Attractive 7.21% Cap Rate
- Combined annual rent roll of $127,000.00
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Certified Automotive and Towing Service Inc. — 98 old quogue rd, riverhead, ny 11901
- AAG Auto Repair Shop — 98 Old Quogue Rd, Riverhead, NY 11901
- Dalgos Corp - Auto Repair — 500 Riverleigh Ave, Riverhead, NY 11901
- Quality Collision & Automotive Repair — 423 Riverleigh Ave STE A, Riverhead, NY 11901
- Best Price Auto Repair&Tires — 454 Riverleigh Ave, Riverhead, NY 11901
Frequently Asked Questions
What type of property is this?
Auto shop - Two parcels with residential rentals and auto repair shop.
Where is this auto shop located?
The property is located at 90 90A 92 94 Old Quogue Rd Riverhead, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High Net Operating Income (NOI) of $108,206.00; Attractive 7.21% Cap Rate; Combined annual rent roll of $127,000.00
