840 Old Country Road

Riverhead, NY
$ 5,888,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Calling All Investors!!! NNN Property For Sale Offered At An Amazing 8.15 Cap!!! The Property Features 460+ Parking Spaces, Great Exposure, Excellent Signage, High Ceilings, 3 Phase Power, Large Shop, Private Offices, Large Showroom, LED Lighting, +++!!! The Tenant Has A 10 Year Lease + (2) 5 Year Options; 3% Annual Increases!!! The Property Has 200'+ Of Frontage On Busy Old Country Road & Over 300' Of Frontage On Ostrander Avenue. This Portion Of Old Country Road Has A Traffic Count Of 32,000 Cars Per Day!!! Neighbors Include Bed Bath & Beyond, Chipotle, Chevrolet, Subaru, Toyota, Buick, Lowe's, The Home Depot, Best Buy, Burger King, Panera, Peconic Bay Medical Center (The Hospital), Capital One, Big Lots, Enterprise, West Marine, CVS, Wendy's, Mattress Firm, +++!!! This Opportunity Won't Last!!! Income: $480,000 Expenses: $0 Net Operating Income (NOI): $480,000 (8.15 Cap!!!)

Commercial

  • Price
  • $ 5,888,000
  • Lot Size
  • 1.8 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1985
  • Half Bathrooms
  • 0
  • City, Zip
  • Riverhead
  • County
  • SUFFOLK
  • Style
  • Mixed Use
  • Area
  • 30
  • MLS#
  • 3291573
  • Zip
  • 11901
Listing Provided by: Richard Matt Shane | with All Island Estates Realty Corp
Data Source: Multiple Listing Service of Long Island (MLSLI) - 129 - NY

Features

General

Building Area Units Square Feet
Business Type Miscellaneous
Property SubType Mixed Use
Property Type Commercial Sale
Tax Annual Amount 0.00
Total Units 1
Zoning Description auto sales

Interior Features

Ceiling Height 1

Exterior Features

Buildingsize 11000
Businessparkingspaces 468
Lot Size Acres 1.8000
Lot Size Area 1.8000
Lot Size Source Other
Lot Size Square Feet 78408.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Flushing, NY office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/2/2021 Listed $7,288,000
3/8/2021 13% - $6,388,000
3/25/2021 8% - $5,888,000

Property vs Zip Code Average in 11901

Price
AVG $850K
$5.89M
Visits
AVG 165
111
Year Built
AVG 1947
1985
Walkscore
AVG 48
52
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

840 Old Country Road Riverhead, NY is a Single Family Home for sale at $5888000 and a lot size of 1.8 Acres Acre(s). 840 Old Country Road Riverhead has 0 bedrooms, 0 baths and was built in 1985. The property's zip code is 11901 which is in Riverhead, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.