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Property profile & analytics
OFF-MARKET
Warehouses

78 Academy St Patchogue, NY 11772-3813

0.12 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US63-0579966
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Lot 0.12 ac (5,227 SF)
APN 0204-014.00-01.00-014.000
UPID US63-0579966
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
76-86 Hldg LLC · 4 yrs held
76-86 Hldg LLC
since 2021
Last sale
$430,000
1 recorded transaction
2021
$430,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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