Property profile

0 Mulford St Patchogue, NY 11772

OFF-MARKET
Specialty properties
5,200 SF
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Property summary

AI-generated overview

This exceptional Patchogue, NY property presents a rare investment opportunity. Priced at $1,100,000, this 5,200 square foot special purpose property offers significant income potential. Currently generating rental income from both a warehouse and a separate home, the property boasts a combined estimated monthly income of $6,500 to $7,000. The warehouse alone has the potential to generate $2,500 to $3,000 per month in rental income. The existing home contributes an additional estimated $4,000 per month. Located on Mulford Street in Suffolk County, zip code 11772 (40.757878, -73.0140762), this property offers flexibility. With Village approvals and necessary permits already in place, the warehouse is potentially subdividable, allowing for increased rental income or alternative development options. This unique property is ideal for investors seeking strong returns or owner-occupants looking for a lucrative income stream. The property's current configuration and potential for expansion make it a truly exceptional investment in the vibrant Patchogue market. The lot size is not specified.

Property profile

Verified
Property type Specialty properties
Total area 5,200 SF

Cap rate & NOI

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

Location

Mulford St Patchogue, NY 11772
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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