508 Main Rd Riverhead, NY 11901-1906
Property profile & analytics
508 Main Rd Riverhead, NY 11901-1906
- Office buildings
- 1,979 SF
- 1.50 lot acres
Property ID
US63-2935321
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- MeTime Beauty Salon / Hair Salon / Nail Salon
- Artisan Construction Associates, Inc. / Construction Company / General Contractor
Property Details for 508 Main Rd
- Year built
- 1974
- Lot size
- 1.50 lot acres
- Property size
- 1,979 SF
- Zone code
- 04 - FARM
- Property type
- Office buildings
- APN
- 0600-066.00-02.00-015.000
- APU
- 600066000200015000
Description
This exceptional 5,338 square foot freestanding medical/professional office building presents a unique investment opportunity in the heart of Aquebogue, NY. Situated on a desirable 1.5-acre lot, this fully occupied, seven-unit building currently generates strong rental income. The property is located on Main Road, offering excellent visibility and accessibility. Its zoning, designated as Hamlet Center and Hamlet Residential, allows for a variety of development possibilities beyond its current use. Detailed proposed plans are available for review, showcasing the potential for expansion or redevelopment to capitalize on the thriving North Fork market. The building's existing structure provides immediate return on investment, while the zoning and ample land offer significant long-term growth potential. This property is ideally suited for investors seeking a blend of immediate income and future development opportunities in a highly sought-after Long Island location known for its renowned wine country. The strategic location within Aquebogue ensures convenient access to local amenities and a strong pool of potential tenants. This is a rare chance to acquire a substantial property with both immediate income and significant upside potential in a prime location. The existing building's solid construction and current occupancy make this a low-risk, high-reward investment. Don't miss this chance to own a piece of the vibrant North Fork.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,090,000
- ML approach
- $1,085,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,493,000
Market price range: $497k - $1.49M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Riverhead
- County
- Suffolk
- State
- New York
- Longitude
- -72.6276
- Latitude
- 40.9451
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$0.00
$28,200
$101,600
$129,800
-
$303,552
$1,093,649
$1,397,201
