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    1415 Main St Oakdale, NY 11769

    Sponsored
    For Sale
    $499,990

    Prime Oakdale location, high development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.5-acre commercial land parcel at 1415 Main Street, Oakdale, NY 11769, presents a unique investment opportunity. Located directly on Main Street, this property benefits from its position within the Oakdale Vision Plan, a revitalization project aiming to enhance the downtown area. The Business 1 zoning allows for the construction of a one or two-story building up to 35 feet high, with a 40% floor area ratio (FAR). The site offers 120 feet of frontage on Main Street and is conveniently located near the Oakdale LIRR station and major roadways, including Sunrise Highway and the Southern State Parkway. The Town Planning Department has expressed support for a zone change to BD (Business District), which would significantly increase development potential, reducing side yard requirements to zero and increasing the FAR to 60%. This would allow for a mixed-use development, potentially including retail space and apartments. The property is ideal for various uses, including quick-service restaurants (QSR), pharmacies, and daycare centers. The asking price is $499,990. The property is currently ground leased. The area is experiencing significant infrastructure improvements, including the anticipated extension of the sewer line along Montauk Highway. This prime location, coupled with the potential for substantial development, makes this an attractive investment for both short-term and long-term growth.

    Property Features for 1415 Main St

    General Information

    Property type
    Day care centers
    Class
    B
    Lot Size
    21,780 SF

    HighLights

    • Prime corner lot at 1415 Montauk Highway, Oakdale, NY 11769, ideal for drive‑thru retail or office development.
    • Business 1 zoning allows for diverse uses including financial institutions, medical offices, and franchises.
    • $499,990 land price; build‑to‑suit and long‑term lease options available.
    • Located in Oakdale's planned Downtown Development, a key part of the Oakdale Vision Plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    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
    Oakdale
    County
    Suffolk
    State
    New York
    Longitude
    -73.135590213563
    Latitude
    40.743898141456

    Nearby Comparable

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      Turnkey Auto Collision Shop Business

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    Nearby Similar for Sale

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      1405 Montauk Hwy, Oakdale, NY 11769
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      Oakdale Office Condo For Sale

      1307 sq ft office condo in Oakdale Commons Shopping Center.
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      Oakdale Office Condo For Sale

      Well-maintained office condo in Oakdale Commons Shopping Center.
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    • $1,250,000
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      Former Bank Branch with Drive-Thru

      Former bank branch with drive-thru and high visibility.
      1336 Montauk Hwy, Oakdale, NY 11769
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    • $379,999

      Oakdale Multifamily Property for Sale

      Multifamily property in Oakdale, NY, available for purchase.
      2426 Wilshire Ln, Oakdale, NY 11769
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    • $299,999

      Oakdale Multifamily Property For Sale

      Multifamily property in Oakdale, NY available for purchase.
      2319 Wilshire Ln, Oakdale, NY 11769
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      Oakdale Multifamily Property for Sale

      Multifamily property in Oakdale, NY, available for purchase.
      2413 Wilshire Ln, Oakdale, NY 11769
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      Oakdale Retail Storefront For Sale

      High visibility storefront with additional lots and multiple bay garage.
      1400 Montauk Hwy, Oakdale, NY 11769
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      Oakdale Self-Storage

      Oakdale Self-Storage
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    FAQs

    What type of property is this?
    Day care center - Prime Oakdale location, high development potential.
    Where is this day care center located?
    The property is located at 1415 Main St Oakdale, NY.
    What is the asking price?
    The asking price for this property is $499,990.
    What are key features of this property?
    This property features: Prime corner lot at 1415 Montauk Highway, Oakdale, NY 11769, ideal for drive-thru retail or office development.; Business 1 zoning allows for diverse uses including financial institutions, medical offices, and franchises.; $499,990 land price; build-to-suit and long-term lease options available.
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    Oakdale, NY 11769
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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
    1415 Main St Oakdale, NY 11769
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