Property profile

20 Sunken Mdw Rd Northport, NY 11768

OFF-MARKET
Medical Office Space
Property ID
US63-6095173
5.57 ac lot
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 5.57-acre commercial land parcel presents a rare development opportunity in the highly desirable Fort Salonga area of Northport, New York. Located at 20 Sunken Meadow Road, this property is zoned R-45 and offers numerous possibilities for redevelopment. Previously used as a rehabilitation facility, the site boasts excellent demographics and convenient access to major roadways and public transportation. Its proximity to shopping centers, restaurants, and the villages of Northport, Centerport, Huntington, and Kings Park makes it an ideal location for a variety of projects. Potential uses include, but are not limited to, an Airbnb-style resort, bed and breakfast, senior or assisted living facility, residential development, private estate or compound, or even a farm or horse farm. The property's strategic location near the Sunken Meadow State Parkway and Route 25A, as well as less than 10 minutes from the Northport and Kings Park commuter rails, ensures excellent accessibility. This unique offering presents a compelling investment opportunity in a thriving Long Island community. The property is situated in Suffolk County, New York, with a zip code of 11768. Don't miss this chance to acquire a significant piece of land with immense potential.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Lot 5.57 ac (242,629 SF)
APN 0800-005.00-05.00-005.000
UPID US63-6095173

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
  • HVAC Service General Contractor

Location

20 Sunken Mdw Rd Northport, NY 11768-2751
Northport metro Census 134703 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.08M

Owner & transaction history

since 2023
Last sale
$1.1M
2 recorded transactions
2023
$1.1M
2006
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20 Sunken Mdw Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message