Property profile

2396 Sunrise Hwy Islip, NY 11751

OFF-MARKET
Other investment properties
Property ID
US63-1605205
0.96 ac lot
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a freestanding retail building located on a corner lot with frontage on the Sunrise Highway Service Road, a roadway with an indicated traffic volume of approximately 15,000 vehicles per day. It is positioned across from an elementary school and has a total building area of 14,400 square feet.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.96 ac (41,818 SF)
Zoning code BUS2
APN 0500-319.00-03.00-005.001
UPID US63-1605205

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
  • Party Supply Store (Bike/Boat/Book/etc) Store

Location

2396 Sunrise Hwy Islip, NY 11751-2118
Islip metro Census 147401 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
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
1969
Price N/A

Zoning & alternative use

BUS2 · Islip, NY
Zoning description

The purpose of this district is for museum, laundromat, store, office, medical offices, delicatessen, bank, broadcasting studio, and community building

General category COMMERCIAL

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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