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    78 Academy St Patchogue, NY 11772-3813
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    Property profile & analytics

    78 Academy St Patchogue, NY 11772-3813


    • Warehouses
    • 0.12 lot acres
    Off-Market
    Last Sale Nov 15, 2021
    $430,000
    Property ID
    US63-0579966
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Metro Dry Cleaning and Laundry Equipment LLC / (Bike/Boat/Book/etc) Store
    • Buypowerwheel.com / Production Facility
    • VTG Realty Group / Construction Company
    • Big Cat Electric Bikes / (Bike/Boat/Book/etc) Store

    Property Details for 78 Academy St

    Lot size
    0.12 lot acres
    Property type
    Warehouses
    APN
    0204-014.00-01.00-014.000
    APU
    204014000100014000

    Description

    This exceptional opportunity encompasses a 1,600 square foot industrial property situated on a 0.12-acre lot at 78 Academy St, Patchogue, NY. The property houses a ten-year-old, highly successful eBike retail business boasting consistent year-over-year sales growth averaging $275,000 and a cash flow of $100,000. The business features established brands like Big Cat, Revi, and Biria, offering a diverse range of eBikes, accessories, and gear. Its prime location ensures high visibility and foot traffic. Included in the sale is $15,000 in fixed equipment and $45,000 in inventory. The asking price for the business and real estate is $150,000, with seller financing available with a $100,000 down payment. This turnkey operation provides comprehensive training and support for a smooth transition, presenting a unique opportunity to capitalize on the booming eBike market and its growing demand for eco-friendly transportation. The business is profitable and scalable, offering potential for expansion and increased product lines.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Patchogue
    County
    Suffolk
    State
    New York
    Longitude
    -73.0097
    Latitude
    40.7635
    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
    $400
    $3,500
    $3,900
    -
    $11,111
    $97,222
    $108,333
    More about this property
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