479 Ocean Ave, Patchogue, NY 11772-3777

This exceptional mixed-use investment opportunity in Patchogue, NY, presents a rare chance to acquire a high-performing property boasting a 9% capitalization rate. Located in the heart of Patchogue Village, this property features a ground-floor storefront complemented by two legal accessory apartments, generating a substantial and diversified income stream. The strategic location within this vibrant Long Island village ensures high visibility and accessibility for the commercial space, while the residential units offer stable rental income. This turnkey investment is ideal for both seasoned investors seeking a strong return and those looking to enter the lucrative Long Island real estate market. The property's current configuration and strong rental history make it an attractive proposition, offering immediate cash flow and significant potential for future appreciation. The building's prime location within a thriving community ensures consistent demand for both commercial and residential space. This is a unique opportunity to own a well-established, income-producing asset in one of Long Island's most desirable and rapidly growing villages. The property's solid financial performance and prime location make it a compelling investment opportunity with significant long-term growth potential. Serious inquiries are encouraged to explore this exceptional offering further. The address is 479 S Ocean Ave, Patchogue, NY. The asking price is $699,000.