Property profile

65 Gatelot Ave Lake Ronkonkoma, NY 11779

OFF-MARKET
Specialty properties
87,000 SF 15.1 ac lot
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Property summary

AI-generated overview

This exceptional 15.1-acre property located at 65 Gatelot Avenue in Lake Ronkonkoma, New York, presents a unique opportunity. Currently zoned for community service and operating as an 87,000 square foot school, this site offers significant potential for redevelopment or continued use as an educational facility. The property's expansive size provides ample space for various development possibilities, subject to local zoning regulations. Its strategic location offers convenient access to major transportation arteries. Less than half a mile from Portion Road (CR 16), it provides easy access to the Long Island Expressway via Hawkins Avenue (1.5 miles away). The property is also within close proximity to the Ronkonkoma LIRR hub (less than 2 miles) and Long Island MacArthur Airport (2.5 miles), enhancing its accessibility and appeal. The property's existing infrastructure, including the substantial school building, could be repurposed or redeveloped to suit a variety of needs. Detailed site plans and zoning information are available upon request. This prime location in Suffolk County, with its 11779 zip code, offers a compelling investment opportunity for developers and community-minded organizations alike. The property's size and location make it an ideal candidate for a wide range of projects, subject to the necessary approvals and permits. Serious inquiries are encouraged.

Property profile

Verified
Property type Specialty properties
Total area 87,000 SF
Lot 15.1 ac (657,756 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

65 Gatelot Ave Lake Ronkonkoma, NY 11779
Lake Ronkonkoma metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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