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    502 Larkfield Rd East Northport, NY 11731

    For Sale
    $775,000

    4,000 SF Retail Space - Owner/User

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,000 square foot storefront property at 502 Larkfield Road in East Northport, New York, presents a compelling owner-user investment opportunity. Located in Suffolk County, zip code 11731, this single-story building offers significant potential for a variety of retail businesses. The asking price is $775,000, translating to a price per square foot of $193.75. The property features a multi-tenant configuration, with a portion currently occupied by a tenant under lease until 2024. This provides immediate income potential while allowing for future expansion or customization to suit your specific business needs. The 2,600 square feet of vacant space offers flexibility for immediate occupancy. Convenient on-site parking is available for both tenants and customers. The property utilizes oil heating and boasts separate meters for efficient utility management. This prime location in East Northport offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong foothold in a thriving community. The property's size and configuration make it suitable for a variety of retail uses. Don't miss this chance to acquire a valuable retail asset in a desirable location.

    Property Features for 502 Larkfield Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,000 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 4,000 SF storefront in East Northport, NY.
    • Asking price: $775,000 ($193.75/SF).
    • Multi‑tenant building with 2,600 SF vacant space and existing tenant lease through 2024.
    • On‑site parking available.
    • Oil heating with separate utility meters.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Solo Joe Show Musician Embroidery Training Videos Notions Store Joseph Jesselli Guitars Guitar Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    East Northport
    County
    Suffolk
    State
    New York
    Longitude
    -73.3213588
    Latitude
    40.8643435

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    FAQs

    What type of property is this?
    Individual retail property - 4,000 SF Retail Space - Owner/User
    Where is this individual retail property located?
    The property is located at 502 Larkfield Rd East Northport, NY.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: 4,000 SF storefront in East Northport, NY.; Asking price: $775,000 ($193.75/SF).; Multi-tenant building with 2,600 SF vacant space and existing tenant lease through 2024.
    Request Owner's contact information
    502 Larkfield Rd East Northport, NY 11731
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    East Northport, NY 11731
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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
    502 Larkfield Rd East Northport, NY 11731
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