Property Description
Unique investment opportunity in Suffolk County featuring two adjacent lots with a total of three residential rental homes and an established auto repair shop. One parcel includes two homes: a two-story, four bedroom residence and a three bedroom ranch. The second parcel offers a two-story, two bedroom home along with the auto repair facility. All units are currently tenant occupied, with tenants responsible for their own electric and heat, providing ease of management and predictable expenses. The property generates a combined annual rent roll of $127, 000.00 with low taxes contributing to an estimated NOI of $108, 206.00. This results in an attractive 7.21% cap rate making it a strong income-producing asset with multiple revenue streams. Owner will consider offers for one lot, 94 and 92 or 90 and 90A.
Basic Details
Commercial Sale
For Sale
1000583
$1,500,000
$$
1925
0.32 Acre
Pending
Mixed Use
H & G Realty New York
Joseph Cordani CBR
joecordanirealtypro@gmail.com
Address Map
US
NY
Suffolk County
Riverhead
11901
W96° 37' 58.6''
N29° 31' 58.5''
R15
Neighborhood
Riverhead
Riverhead
Riverhead
Additional Information
4261
Mixed
: Stucco, Frame, Other
: Other
4
2026-05-15
: Public
Financial
6831
Listing Information
138542
HG01
Pending
2026-09-18T15:57:38Z
OneKey
: None
2026-08-19T19:05:03Z








