Technical
Financial
Distress signals
Property profile

475 E Main St Patchogue, NY 11772

FOR LEASE
Office buildings
Property ID
US63-4176452
1.19 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story, Class B office building at 475 E. Main Street, East Patchogue, NY 11772, offers a unique leasing opportunity. The 40,000 square foot building features seven suites, with 9,679 square feet currently available. Spaces range from a minimum of 589 square feet to a maximum contiguous space of 2,750 square feet, ideal for medical or professional office use. The property boasts a grand entry, a single elevator, and ample parking with 200 spaces situated on a 1.19-acre lot. Its strategic location on East Main Street provides excellent visibility and accessibility, with daily traffic counts exceeding 23,000 vehicles. The building is conveniently located near Long Island Community Hospital, major retailers, Sunrise Highway, the Long Island Expressway, and public transportation. The property is zoned for commercial office use and benefits from its position in the heart of East Patchogue, Suffolk County. This is an excellent opportunity to establish a presence in a thriving commercial area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 1.19 ac (51,836 SF)
APN 0200-977.60-01.00-041.000
UPID US63-4176452

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
  • Business Service Center Corporate Office
  • Construction Company General Contractor
  • Physician
  • Counselor Mediation Service
  • Physician Medical Clinic

Location

475 E Main St Patchogue, NY 11772
Patchogue metro Census 159109 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
$6.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.70M

Owner & transaction history

since 2024
Last sale
$6.7M
1 recorded transaction
2024
$6.7M

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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