Property profile

101 Main St Sayville, NY 11782

OFF-MARKET
Investment properties
Property ID
US63-2912873
0.75 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 13,035-square-foot commercial property at 101 Main Street in Sayville, NY, presents a remarkable investment opportunity. Currently available for lease, this retail and office space boasts a highly visible location in the heart of Sayville Village, with over 80 feet of street frontage. The building's former use as a Rite Aid location ensures established infrastructure and high visibility. The owner is willing to divide the space to accommodate various tenant needs. Ample parking is available, with over 200 spaces in a nearby municipal lot, supplemented by approximately 37 dedicated spots and additional street parking. Daily traffic counts exceed 17,000 vehicles, significantly increasing during peak seasons. The property benefits from its proximity to a vibrant mix of local businesses, including restaurants, high-end shops, and national retailers. Situated on Long Island's South Shore, Sayville offers convenient access to the Fire Island National Seashore via ferry and enjoys a desirable, growing demographic. Commuters will appreciate the property's proximity to the Long Island Rail Road (LIRR) and major highways. The property is zoned BD and offers an ideal setting for retail or professional office use. This is a rare opportunity to secure a prominent commercial space in a thriving Long Island community.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.75 ac (32,670 SF)
Zoning code BD
APN 0500-382.00-06.00-004.000
UPID US63-2912873

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Atm
  • Physician
  • Bank Credit Union

Location

101 Main St Sayville, NY 11782-2542
Sayville metro Census 147802 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.03M

Owner & transaction history

since 2024
Last sale
$3.0M
1 recorded transaction
2024
$3.0M

Zoning & alternative use

BD · Sayville, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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