Financial
Distress signals
Property profile

1228 Roanoke Ave Riverhead, NY 11901

FOR SALE
Other investment properties
Property ID
US63-1841072
1,212 SF 0.21 ac lot Built 1940
Last sale Mar 2024 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This legal mixed-use property combines a professional office on the first floor with an apartment studio on the second floor. The first-floor office includes handicap ramp access, four offices, a reception area, a waiting room, one bathroom, a closet, and basement storage. The second-floor studio apartment has a separate entrance and features updates including air conditioning, a replaced heating system, a renovated bathroom, and hardwood floors. The property includes off-street parking, street

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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$61k
Assessed land$10k
Assessed improvement$51k

Value estimate

· Sep 2026
$450k
$405k – $495k
AI approach$450k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$4k
Operating expenses−$19k
NOI · 4.30% cap applied$31k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$263/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$171 – $364

Cap rate analysis

How does the asset earn?
4.30%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
03 - MULTI-FAMILY
JurisdictionSUFFOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.9
HVAC Service11.4
Electrical Service10.7

Location

1228 Roanoke Ave Riverhead, NY 11901
County assessor Recorded deeds · 2 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
619 Roanoke, Riverhead, NY 11901-2727 $625,000 Nov 2025 1,504 SF
800 Main, Riverhead, NY 11901-2563 $450,000 May 2025 1,302 SF
235 Sweezy, Riverhead, NY 11901-3054 $475,000 Apr 2025 1,590 SF
837 Harrison, Riverhead, NY 11901-2782 $400,000 Feb 2025 1,800 SF
452 Main, Riverhead, NY 11901-1976 $184,500 Jan 2024 1,133 SF
912 Roanoke, Riverhead, NY 11901-2732 $420,000 Jan 2024 1,764 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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