54 Main St Riverhead, NY 11901-2802
Property profile & analytics
54 Main St, Riverhead, NY 11901-2802
- Turn key restaurants
- 4,843 SF
- 0.09 lot acres
Property ID
US63-1006219
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
- Privet's Consignment Warehouse / Furniture & Home Goods / Home Decor Store
- Acupuncture Clinic LLC / Medical Clinic / Alternative Medicine Practice
- DAT Testing Again / Medical Clinic / Alternative Medicine Practice
- Polished Concrete Solution | Stained Polished Concrete | M echanically Polished Concrete Service | Metallic Epoxy Coating / Department Store / Grocery & Convenience Store
- Polished Concrete Solution / Department Store / Grocery & Convenience Store
Property Details for 54 Main St
- Year built
- 1922
- Lot size
- 0.09 lot acres
- Zone code
- DC-1
- Property type
- Turn key restaurants
- APN
- 0600-128.00-06.00-019.001
- APU
- 600128000600019001
Description
This exceptional mixed-use property, located at 54 W Main Street in Riverhead, NY, presents a compelling redevelopment opportunity. The 4,843 square foot building, constructed in 1940 and extensively renovated in 2024, sits on a 3,920 square foot lot and boasts a prominent Main Street location within the revitalized downtown area. Currently vacant, the property offers a ground floor retail space (previously a restaurant) and two existing one-bedroom apartments on the second floor. Architectural plans are in place to reposition the ground floor retail area and add two more apartments, maximizing the property's potential. The building features a new glass storefront and second-floor windows, enhancing its curb appeal. Zoned DC-1 (Downtown Center 1), this fee-simple property benefits from its location in an opportunity zone, providing access to public utilities (sewer, water, gas, and electricity). With ample parking (200 spaces), the property is ideally situated near the Peconic River, benefiting from Riverhead's ongoing revitalization and the influx of new businesses and residential growth. Its central location between the North and South Forks provides easy access to the Hamptons, North Fork wineries, and popular attractions like the Long Island National Golf Club and Briermere Farms. The asking price is $1,595,000. This is a rare chance to acquire a prime mixed-use asset in a thriving Long Island community.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $665,000
- ML approach
- $590,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $467,000
Market price range: $468k - $1.02M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Riverhead
- County
- Suffolk
- State
- New York
- Longitude
- -72.6632
- Latitude
- 40.9173
- 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
$29,500
$42,500
$72,000
-
$317,546
$457,481
$775,027
