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Property profile & analytics
OFF-MARKET
Office buildings

818 Main St Riverhead, NY 11901-2563

1,920 SF 0.32 ac lot Built 1940
Entity Owned 17-yr Hold Free & Clear
Property ID
US63-5771265
Property summary
AI-generated overview

This exceptional commercial property, situated at 818 E Main St in the bustling Riverhead business district, presents a unique investment opportunity. The 0.32-acre lot features two well-maintained buildings offering significant income potential. The main structure boasts a substantial 2360 square feet of space, thoughtfully divided across two floors and a full basement. This provides ample room for a variety of commercial uses, allowing for flexibility and adaptability to suit diverse business needs. Adding to the property's appeal is a charming 440 square foot single-story cottage located towards the rear of the lot. This secondary building presents an excellent opportunity to generate additional rental income or to be utilized as supplementary space for the main business. The property also benefits from abundant on-site parking, a valuable asset in a high-traffic area, and offers significant potential for expansion, catering to future growth and development. The well-maintained interior of both buildings ensures a move-in ready condition, minimizing upfront investment and maximizing immediate return. This property is ideally positioned for success in a thriving commercial zone, making it an attractive proposition for savvy investors seeking a strong return on their investment. The combination of size, location, and income potential makes this a truly remarkable opportunity.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1940
Total area 1,920 SF
Lot 0.32 ac (13,939 SF)
Zoning code HC
APN 0600-127.00-05.00-022.000
UPID US63-5771265
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
  • McGuire's Hearing Centers Physician
  • Ms. Dawn Von Bargen-Weiner Physician
  • Roseann Bello Physician
  • David Carr Physician
  • Ms. Lori Samuelsen Alternative Medicine Practice Acupuncture
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
Carr Realty Holding Corp · 17 yrs held
Carr Realty Holding Corp
since 2008
2 recorded transactions
2025
Price N/A
2008
$500,000
Zoning & alternative use
HC · Riverhead, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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