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    Property profile & analytics
    OFF-MARKET Estimated value $1,830,000
    Showrooms

    2343 Middle Country Rd, Centereach, NY 11720-3660

    1 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US63-1076157
    Property summary
    AI-generated overview

    This exceptional value-add retail property, located at 2343 Middle Country Road in Centereach, New York, presents a compelling investment opportunity. The 8,459-square-foot building sits on a one-acre lot (43,560 sq ft) and offers ample on-site parking for 42 vehicles. Currently vacant, this property is ready for immediate occupancy by an owner-user or a savvy investor seeking to lease to a variety of tenants. Built in 2005 and renovated in 2015, the single-story building is zoned J2, permitting a wide range of uses including restaurants, bars, offices, retail stores, and more. Its prime location along Route 25 places it within a thriving retail corridor, boasting an average daily traffic count exceeding 40,274 vehicles and a median household income of $124,111 within a one-mile radius. The asking price is $2,200,000. This property offers significant potential for growth and return on investment, making it an attractive proposition for discerning buyers. The property's features include a single unit, and the Suffolk County APN is 0200-515-00-01-00-003-000. The zip code is 11720.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Lot 1 ac (43,560 SF)
    APN 0200-515.00-01.00-003.000
    UPID US63-1076157
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Utopia (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.08M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.83M
    Owner & transaction history
    Tsny 1 LLC · 3 yrs held
    Tsny 1 LLC
    since 2022
    Last sale
    $1.9M
    7 recorded transactions
    2022
    $1.9M
    2017
    2017
    $1.6M
    2014
    $850,000
    2014
    $500,000
    2005
    $1.1M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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