211-217 Smithtown Blvd, Nesconset, NY 11767
American Investment Properties is retained to sell the properties located at 409-419 Lake Ave and 211-217 Smithtown Blvd, Nesconset, NY. At these locations are two freestanding retail strip centers that are located on the same parcel of land. Both buildings are fully-occupied and there are approximately 38 on-site parking spaces. This property is located near several other neighborhood amenities and is located close to the Smithtown Bypass & the Long Island Expy. Nesconset is a hamlet and census-designated place located within the Town of Smithtown, in Suffolk County, Long Island, New York, United States. The statistical area defined as Nesconset was expanded in the early 1970s to include a portion of what was Lake Ronkonkoma, New York. The area includes land from Gibbs Pond Road east to School House Road and from Brown’s Road south to Smithtown Boulevard. Two state highways pass through Nesconset: Middle Country Road (NY 25) and the Nesconset–Port Jefferson Highway (NY 347). The former forms the CDP’s northern border, while the latter traverses Nesconset diagonally; both routes intersect at the Nesconset–St. James border.
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 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.