Property profile

2 Larkfield Rd East Northport, NY 11731

OFF-MARKET
Investment properties
Property ID
US63-2228026
0.37 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use storefront property, located at 2 Larkfield Rd in East Northport, NY 11731, presents a compelling investment opportunity. Currently boasting 90% occupancy, this building offers a strong, stable income stream. The property features a recently renovated facade (completed in 2024), ensuring a modern and attractive exterior. The roof was also replaced in 2021 and comes with a 10-year warranty, minimizing future maintenance concerns. Situated in Suffolk County, this prime location provides excellent visibility and accessibility for businesses. The property's mixed-use zoning allows for a variety of potential uses, enhancing its long-term value and flexibility. This is an ideal investment for those seeking a stable, high-yield retail property with recent upgrades and a strong tenant base. The property's address is easily accessible via major roadways, ensuring convenient access for both customers and employees. The building's solid construction and recent improvements contribute to its overall desirability and potential for continued growth. This turnkey investment requires minimal immediate capital expenditure, allowing for a quick return on investment. Detailed financial information and lease agreements are available upon request. Don't miss this chance to acquire a well-maintained, high-performing retail property in a thriving East Northport location.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.37 ac (16,117 SF)
Zoning code I5
APN 0400-120.00-01.00-011.000
UPID US63-2228026

Cap rate & NOI

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

Location

2 Larkfield Rd East Northport, NY 11731-1802
East Northport metro Census 111701 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.84M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.77M

Owner & transaction history

since 2023
Last sale
$1.8M
1 recorded transaction
2023
$1.8M

Zoning & alternative use

I5 · East Northport, 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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