Property summary
This exceptional Northport Village commercial property, located at 196 Laurel Avenue, offers 1,736 square feet of fully renovated space ideal for various uses, including wellness centers, professional offices, or retail stores. Boasting high visibility, the property includes three rentable units and ten private parking spaces, providing ample convenience for tenants and customers. Its strategic location offers easy access to Route 25A (Fort Salonga Rd.) and Laurel Avenue, ensuring excellent accessibility. The building features a modern HVAC system, including a Daikin Fit heat pump (retail space) and Gree mini-split units (office space), along with a gas-fired baseboard heating system (supplemental). Annual expenses are estimated at approximately $15,183 in taxes (including village taxes), $245 for SCWA, $1,200 for PSEG, $780 for National Grid, and $90 for sewer. The asking price is $900,000, and the owner may consider holding a first mortgage. This presents a compelling investment opportunity in a thriving Northport location. The property's versatile design and prime location make it an attractive prospect for a wide range of businesses.
Property profile
VerifiedCap rate & NOI
Current use
-
Department Store Grocery & Convenience Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
R8.5 · Northport, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R8.5 in Northport, NY.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.