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    Property profile & analytics

    641 Medford Ave Patchogue, NY 11772

    • Turn key restaurants
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-0114430
    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.

    Current Use by Public Records

    • Ristegio's Restaurant & Lounge / Restaurant / Brunch Restaurant

    Property Details for 641 Medford Ave

    Lot size
    0.97 lot acres
    Property type
    Turn key restaurants
    APN
    0200-924.00-01.00-027.000
    APU
    200924000100027000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Patchogue
    County
    Suffolk
    State
    New York
    Longitude
    -73.0079
    Latitude
    40.7904
    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
    $900
    $7,675
    $8,575
    -
    $1,667
    $14,213
    $15,880

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      668 Country Rd

      RESTAURANT • 0.23 Acres
      668 Country Rd, East Patchogue, NY 11772-5549
      View Details
    • Value Estimation by Request
      0.29 Acres

      275 Main St

      RESTAURANT • 0.29 Acres
      275 Main St, Patchogue, NY 11772-3114
      View Details
    • Value Estimation by Request
      0.34 Acres

      159 Main St

      RESTAURANT • 0.34 Acres
      159 Main St, Patchogue, NY 11772-3003
      View Details
    • Value Estimation
      $1,430,000
      1.00 Acre

      522 Main St

      RESTAURANT • 1.00 Acre
      522 Main St, Patchogue, NY 11772-3128
      View Details
    • Value Estimation by Request
      0.64 Acres

      388 Medford Ave

      RESTAURANT • 0.64 Acres
      388 Medford Ave, Patchogue, NY 11772-1830
      View Details
    • Value Estimation by Request
      0.35 Acres

      1387 Montauk Hwy

      RESTAURANT • 0.35 Acres
      1387 Montauk Hwy, East Patchogue, NY 11772-5313
      View Details

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    Similar Nearby for Lease

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      Prime location near downtown Patchogue and transportation.
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    • $9,057 /Mo

      Patchogue Village Storefront For Rent

      Storefront in Patchogue Village, ideal for restaurant or retail.
      8 W Main St C, Patchogue, NY 11772
      View Details
    • $3,000 /Mo
      702 SF

      Downtown Patchogue Mixed-Use Space

      702 sq ft commercial space in vibrant downtown Patchogue.
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    • $2,100 /Mo
      800 SF

      Prime Retail/Office Space Available

      800 sqft storefront/office space with high visibility and parking.
      218 Medford Ave, Patchogue, NY 11772
      View Details

    Property Visit Statistics

    • Visits by month
      1.0k
    • Visitors by month
      458
    • Avg Time on site
      43 min
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    641 Medford Ave
    Patchogue, NY 11772
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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