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    FOR LEASE
    Investment properties

    429 W Main St, Patchogue, NY 11772

    0.25 ac lot
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US63-5727048
    Property summary
    AI-generated overview

    This exceptional 8,000-square-foot commercial property at 429 W Main St, Patchogue, NY 11772, presents a rare opportunity. The building, renovated in 2023, offers a versatile single-tenant space ideal for a variety of businesses. Currently, 4,000 square feet are available for lease. The space boasts a modern, fully renovated interior featuring a large open showroom with impressive 14-foot ceilings. Three private offices and a private bathroom provide ample space for administrative needs. The property includes a private parking lot, enhancing convenience and security. Further enhancing the space are outside security cameras and a built-in Sonos sound system in the main area. Practical features include bi-weekly garbage/dumpster service and two distinct heating/cooling zones for optimal climate control. The building sits on a 0.25-acre lot and is strategically located on West Main Street, offering excellent visibility and accessibility. Its prime location in Patchogue places it minutes from the revitalized village center and its amenities. Major roadways, including Nichols Road, Veterans Highway, and Sunrise Highway, are easily accessible, as is Islip Airport (less than ten minutes away). This property is perfect for businesses seeking a blend of retail, office, and warehouse space in a vibrant and convenient location. Don't miss this chance to secure a highly desirable commercial space in a thriving area.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Lot 0.25 ac (10,890 SF)
    APN 0204-012.00-03.00-031.000
    UPID US63-5727048
    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
    • Northstar AV Electronics & Wireless Store Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $760k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $725k
    Owner & transaction history
    429 West Main Street LLC · 4 yrs held
    429 West Main Street LLC
    since 2021
    Last sale
    $700,000
    7 recorded transactions
    2021
    $700,000
    2017
    $383,310
    2012
    $425,000
    2009
    2008
    2007
    $800,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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