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Financial
Distress signals
Property profile

54 Main St Riverhead, NY 11901

OFF-MARKET
Turn key restaurants
Property ID
US63-1006219
4,843 SF 0.09 ac lot Built 1922
Last sale Nov 2010 · $400,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A mixed-use property consisting of a two-story, 4,843-square-foot building on a 3,920-square-foot lot, located at the gateway to Downtown Riverhead in the Main Street district. The building is configured with approximately 3,800 square feet of ground-floor retail space (previously used as a restaurant) and two framed, ready-to-finish apartments on the second floor, with architectural plans available to allow repositioning of the ground-floor retail area and completion of the second-floor…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$72k
Assessed land$30k
Assessed improvement$43k

Value estimate

· Oct 2026
$665k
$599k – $732k
AI approach$590k
Submarket $/SF estimate$468k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$764/SF
County average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$287 – $1,125

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DC-1
The intent of the Downtown Center 1 Main Street (DC-1) Zoning Use District is to allow, maintain, and foster a traditional downtown chara...
General categoryCOMMERCIAL
JurisdictionSUFFOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.3
Smoke and Vape Shop9.7
Tailor Shop9.5

Location

54 Main St Riverhead, NY 11901-2802
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1550 Old Country, Riverhead, NY 11901-2080 $69,350,000 Apr 2023 8,700 SF
721 Flanders, Flanders, NY 11901-3835 $2,500,000 Mar 2023 2,679 SF
673 Osborn, Riverhead, NY 11901-2944 $525,000 Sep 2022 3,425 SF
300 Main, Riverhead, NY 11901-2426 $2,200,000 Sep 2021 4,378 SF
16 Ct, Riverhead, NY 11901 $1,700,000 Jan 2019 2,389 SF
140 Main, Riverhead, NY 11901-2445 $1,450,000 Dec 2018 3,844 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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