65 Sycamore St Patchogue, NY 11772
This exceptional commercial property, located at 65-71 Sycamore Street in Patchogue, NY, presents a compelling investment opportunity. The property encompasses 8,800 square feet of space, strategically divided between approximately 6,000 square feet of warehouse space and 1,800 square feet of newly renovated office space. The warehouse features impressive 16-foot ceilings, ideal for various industrial uses. A significant advantage is the inclusion of a separate 800-square-foot one-bedroom apartment, offering versatile potential. The property sits on a 0.97-acre lot, providing ample parking for approximately 25 vehicles and a large fenced-in yard perfect for outdoor storage of equipment or trucks. One dock-high door facilitates efficient loading and unloading. The property is zoned for commercial use and benefits from its convenient location near Route 112, within a densely populated area. The asking price is $2,200,000, translating to $250 per square foot. This two-building complex offers a unique blend of warehouse, office, and residential space, making it suitable for a wide range of businesses and investors. The property's combination of size, features, and location makes it a highly attractive investment in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.