Mulford St Patchogue, NY 11772
- Specialty properties
- 5,200 SF
Current Use by Public Records
- Specialty properties
Property Details for 0 Mulford St
- Property size
- 5,200 SF
- Property type
- Specialty properties
- Property subtype
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Patchogue
- County
- Suffolk
- State
- New York
- Longitude
- -73.0141
- Latitude
- 40.7579
