Property summary
This unique Patchogue, NY property presents a compelling investment opportunity. The property is a mixed-use building currently generating substantial rental income. A warehouse component offers a rental income potential of $2,500 to $3,000 per month, while a separate residential unit generates $4,000 per month in rental income. This translates to a significant annual return for the investor. The property's zoning allows for the potential subdivision of the warehouse, subject to obtaining necessary Village approvals and permits. This subdivision possibility further enhances the property's value and potential for increased income streams. The existing income-generating components provide immediate cash flow, minimizing risk for the buyer. Whether the buyer chooses to maintain the current setup or pursue the subdivision option, this property offers a rare chance to capitalize on a high-demand market. The property's location in Patchogue offers convenient access to local amenities and transportation. This is an exceptional opportunity for both seasoned investors and owner-occupants seeking a lucrative and versatile property. The property is being offered at $1,100,000. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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