832 Ny-25A Miller Place, NY 11764
This exceptional investment opportunity presents a three-unit retail building ideally situated at 832 NY-25A in Miller Place, New York. The property boasts a total of 3,000 square feet, with each unit offering 1,000 square feet of versatile space, perfect for a variety of retail or quick-service restaurant (QSR) uses. Currently, one unit is occupied by a tenant, while two units remain vacant, presenting immediate potential for increased revenue generation. The building sits on a 0.38-acre lot and is zoned J2, offering flexibility for a range of commercial ventures. Its prime location on NY-25A ensures high visibility and accessibility, attracting significant foot traffic and driving potential customer engagement. The single-story structure is well-maintained and ready for immediate occupancy or further development to suit the needs of new tenants. The asking price for this exceptional property is $750,000, representing a compelling investment opportunity in a thriving Long Island community. The property's strategic location in Suffolk County, with its easy access to major transportation routes, further enhances its appeal to both investors and potential tenants. This is a rare chance to acquire a well-positioned retail property with significant upside potential in a desirable market. Don't miss this chance to secure a valuable addition to your commercial real estate portfolio.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.