Property profile

433 Main St East Patchogue, NY 11772

OFF-MARKET
Mixed-use properties
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Property summary

AI-generated overview

This exceptional investment opportunity presents a prime 43,000 square foot mixed-use corner lot situated at 427-433-435 E. Main St, East Patchogue, NY 11772. The property boasts 200 feet of frontage on Main Street, directly across from the sewer line, and benefits from a highly visible location at the busy intersection of E. Main Street and Washington Avenue. Currently featuring three existing structures on approximately one acre of land, this site is zoned J-6 + Residential Overlay, offering significant development potential. Envisioned uses include, but are not limited to, a STNL franchise, medical office building, retail space, or a mixed-use development. Conceptual plans could include a multi-family residential component, potentially accommodating up to 20 units, or a combination of retail/office space (up to 10,000 square feet) with residential units on an upper floor. The property is offered at an asking price of $1,750,000, and the owner is open to various financing options, including a subject-to sale or potentially holding the note. This is a rare chance to acquire a substantial property in a thriving location with immense upside potential. Bring your vision and your investors.

Property profile

Verified
Property type Mixed-use properties

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service

Location

433 Main St East Patchogue, NY 11772
East Patchogue 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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