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    Investment properties

    28785 Main Rd, Cutchogue, NY 11935

    0.84 ac lot
    Entity Owned 15-yr Hold Free & Clear
    Property ID
    US63-0508801
    Property summary
    AI-generated overview

    This exceptional commercial property presents a unique investment opportunity in the heart of Cutchogue, NY. Located on Main Road (Route 25), this offering comprises two separate buildings situated on a combined 0.95-acre lot. Each building sits on its own parcel, providing flexibility and potential for diverse uses. The combined building size totals 3,000 square feet, with one building measuring 1,600 square feet and the other 1,400 square feet. The property benefits from exceptional visibility and high traffic counts due to its prime location on Route 25 in downtown Cutchogue. Both parcels are zoned Hamlet Business, allowing for a wide range of commercial uses. The zoning also permits multifamily development, opening up additional possibilities for the astute investor. This presents a rare chance to acquire a substantial commercial holding in a thriving Long Island community. The asking price is $1,450,000. The property's high visibility and flexible zoning make it an ideal investment for both established businesses and developers seeking a prime location with significant upside potential. The 100% office percentage suggests a strong potential for rental income. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Lot 0.84 ac (36,590 SF)
    Zoning code HB
    APN 1000-102.00-05.00-023.000
    UPID US63-0508801
    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
    • Lark & Folts Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Fief Defreeman LLC · 15 yrs held
    Fief Defreeman LLC
    since 2011
    3 recorded transactions
    2011
    2009
    1969
    Zoning & alternative use
    HB · Cutchogue, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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