370 Hawkins Ave, Ronkonkoma, NY 11779-4244
This 350-square-foot vacant retail building, located at 370 Hawkins Ave, Ronkonkoma, NY 11779, presents a unique redevelopment opportunity. Situated on a 0.23-acre lot with 120 feet of frontage on Hawkins Avenue and the corner of Ryder Place, this property boasts two curb cuts and double drive-thru lanes. Built in 1960, the single-story building is zoned J-2 and offers significant potential for various uses, including a convenience store, coffee shop, quick-service restaurant, or tobacco shop. The property's strategic location benefits from high traffic volume, with nearly 14,000 cars passing daily. The surrounding area demonstrates strong demographics, featuring a median household income exceeding $114,000 within a one-mile radius and a population of over 226,000 people within a five-mile radius. The asking price is $725,000, representing a price per square foot of $2,071.43. The property is offered fee simple and was vacant as of March 15, 2023. This is an owner/user investment opportunity with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.