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411 Old County Rd Riverhead, NY 11901

Sponsored
For Sale
$12,995,000

37.3 Acres, Prime East End Location

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 37.3-acre parcel, located at 411 Old Country Road in Flanders, NY (zip code 11901), presents a significant development opportunity. Situated in Suffolk County, this fee-simple property is zoned Commercial/Residential Campus (CRC), offering a diverse range of potential uses. The site's central East End location provides unparalleled access to regional amenities and transportation networks. The property includes approximately 26 acres of wetlands, requiring an application to the Zoning Board of Appeals to determine buildable density for multifamily development. Permitted uses under the CRC zoning include offices, banks, restaurants, funeral homes, single-family and multi-family residences (including townhouses and garden apartments), schools, places of worship, and various recreational facilities. The 2023 property taxes were $77,610. The asking price is $12,995,000. Owner financing is available with a 30% down payment, 6.0% interest-only monthly payments for five years, and no subordination rights, fees, or prepayment penalties. This property is ideal for developers seeking a high-impact project in a thriving East End community. The Suffolk County Tax Map number is 6-109-1-7. This is a unique opportunity to acquire a substantial land holding with significant development potential.

Property Features for 411 Old County Rd

General Information

Property type
Land
Lot Size
1,624,788 SF

HighLights

  • 37.3‑acre development site in Flanders, NY (11901).
  • Commercial/Residential Campus (CRC) zoning allows diverse uses including multifamily.
  • Suffolk County location offers excellent access to regional amenities and transportation.
  • Approximately 26 acres of wetlands; buildable density requires Zoning Board of Appeals application.
  • 2023 property taxes: $77,610; Asking price: $12,995,000.
  • Owner financing available: 30% down, 6% interest‑only for 5 years, no prepayment penalties.
Property Profile Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Restaurant Law Firm Auto Repair Shop Gym & Fitness Department Store Wholesale Shop Building Supply Storage Facility Kitchen & Bath Food Market

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

Location Insight

  • Map
  • Local Demand
City
Riverhead
County
Suffolk
State
New York
Longitude
-72.653966836297
Latitude
40.93496593896

FAQs

What type of property is this?
Land - 37.3 Acres, Prime East End Location
Where is this land located?
The property is located at 411 Old County Rd Riverhead, NY.
What is the asking price?
The asking price for this property is $12,995,000.
What are key features of this property?
This property features: 37.3-acre development site in Flanders, NY (11901).; Commercial/Residential Campus (CRC) zoning allows diverse uses including multifamily.; Suffolk County location offers excellent access to regional amenities and transportation.
More about this property
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