Mattituck Retail Development
9095 Old Sound Ave Mattituck, NY 11952
9095 Old Sound Ave, Mattituck, NY, 11952
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For Sale
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Retail property suitable for restaurant development on 2.54 acres.
Property Size5,000 SF
Lot Size2.54 Acres
Price / SF$690
Days on Market58
Property Features for 9095 Old Sound Ave
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 2.54 Acres
- Property subtype
- RETAIL
Listing Agency
New York Commercial Real Estate
(631) 838-8788
Listed by
Jack Jawdat
Source
Moodyscre
Added: May 22 Checked: Jul 17 at 4:39 am
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 New York Commercial Real Estate
Investment Insights
Based on property information with market context.
This retail property, suitable for restaurant development, is situated on a 2.54-acre lot. The single-story building has a size of 5,000 square feet. The building has a Floor Area Ratio (FAR) of 0.05 and is zoned LB. The property provides 70 parking spaces and is an excellent development site.
Key Highlights
- Excellent Development Site: Prime opportunity awaits.
- Restaurant Property Subtype: Ideal for restaurant business or redevelopment.
- Large Lot Size (2.54 AC): Provides ample space for parking, expansion, or outdoor amenities.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.0k | $30.00 |
| − Vacancy | −$10.4k | −$2.07 |
| EGI | $139.7k | $27.93 |
| − OpEx | −$41.9k | −$8.38 |
| NOI | $97.8k | $19.55 |
5,000 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.40M
$1.22M – $1.63M
NOI $97,755 @ 7.0% cap · market cap 2.83%
Second Best
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $90,912 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$1.52M
$1.33M – $1.78M
NOI $106,626 @ 7.0% cap · market cap 3.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
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FAQs
What type of property is this?
Retail property - Retail property suitable for restaurant development on 2.54 acres.
Where is this retail property located?
The property is located at 9095 Old Sound Ave Mattituck, NY.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Excellent Development Site: Prime opportunity awaits.; Restaurant Property Subtype: Ideal for restaurant business or redevelopment.; Large Lot Size (2.54 AC): Provides ample space for parking, expansion, or outdoor amenities.
