2 Freestanding Retail Strips 2 Retail Properties Offered at $1,925,000 in Nesconset, NY

INVESTMENT HIGHLIGHTS

  • For Sale: 2 Retail Buildings in Nesconset, NY
  • The Property has Approximately 38 On-Site Parking Spaces
  • Located Near Other Neighborhood Retail & Amenities
  • Located on the Corner of Smithtown Blvd and Lake Ave
  • Clean Environmental Report
  • Close to the Smithtown Bypass & the Long Island Expy

EXECUTIVE SUMMARY

American Investment Properties is retained to sell the properties located at 409-419 Lake Ave and 211-217 Smithtown Blvd, Nesconset, NY. At these locations are two freestanding retail strip centers that are located on the same parcel of land. There is currently one vacancy available for lease and there are approximately 38 on-site parking spaces. This property is located near several other neighborhood amenities and is located close to the Smithtown Bypass & the Long Island Expy.

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PROPERTY FACTS

Price $1,925,000
Price / SF $146.23 / SF
Cap Rate 5.30%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 13,164 SF
Total Land Area 1.50 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
211-217 Smithtown Blvd, Nesconset, NY 11767 Retail 4,043 SF - -
409-419 Lake Ave, Nesconset, NY 11767 Retail 9,121 SF 1960 -
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  • Listing ID: 34474571

  • Date on Market: 1/13/2025

  • Last Updated:

  • Address: 2 Freestanding Retail Strips, Nesconset, NY