64 Main StPatchogue, NY 11772

  • Mixed-use properties
  • 0.08 AC
For Lease

Property Details for 64 Main St

Lot size
0.08 AC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
0204-009.00-06.00-053.000
APU
204009000600053000

Description

This exceptional 504-square-foot executive office suite is located at 64 W Main St, Patchogue, NY 11772, within a larger 3,098-square-foot building. Situated in Suffolk County, this single-tenant space offers a convenient and desirable location in the Village of Patchogue. The property is zoned D3 and boasts a Class B rating. Previously configured as a waiting room, two private offices, and a bathroom complete with a stand-up shower, this versatile space presents a unique opportunity. The layout is ideal for a variety of professional services, particularly those complementary to existing businesses in the area. Ample parking is available with one space included. The property sits on a 0.08-acre lot, providing convenient access and visibility on West Main Street. This is a rare opportunity to secure a well-appointed office space in a thriving Patchogue location. The building's retail and office components offer a dynamic environment. The property's convenient location and existing infrastructure make it an attractive option for businesses seeking a professional and accessible workspace. The existing bathroom facilities add to the convenience and functionality of the space. The single-tenant occupancy ensures privacy and control over the space. This is an excellent opportunity for a business seeking a well-located, ready-to-occupy office space in a vibrant community.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $644,199
    6.5%
    $594,645
    7%
    $552,171
  • Comparable approach

    Method
    Valuation
    Relative Method
    $455,350
    Geo Method
    $455,350
  • Alternative Use

    Use
    Valuation
    Residential
    $737,360
    Hospitality
    $675,418
    Educational
    $561,940
    Medical
    $581,266
    Retail
    $874,129
64 Main St, Patchogue, New York
Leaflet | © OpenStreetMap contributors

Location Insight

City
Patchogue
County
Suffolk
State
New York
Latitude
40.7654
Longitude
-73.0167
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$2,500
$600
$3,100
-
$69,444
$16,667
$86,111

FAQs

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