MLS#1000583
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLRiverhead
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.
Property Features
Property Type: Commercial - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Hot Water, Oil
Lot Size: 0.62 Acres
Taxes: $6,831
Year Built: 1925
Feature Descriptions
Building Area Total: 4261
Business Type: Mixed
Days on Site: 6
Exterior: Frame, Other, Stucco
Fencing: Back Yard, Front Yard
Flooring: Combination
On Market Date: 2026-05-15
Parcel Number: 0900-139-00-03-00-034-000
Parking Features: Driveway, Unassigned
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Sewer: Cesspool
Units: 4
Utilities: Electricity Connected, Trash Collection Private, Water Connected
Water: Public
Local Schools
School District: Riverhead
Listed By / Shown By
Listing By
Agency Name: H & G Realty New York
Agency Contact: 631-345-5600
Shown By
Agent Name: Linda Kyan
Agent Phone: (212) 518-3080
Agency Title: Coldwell Banker American Homes
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90, 90a, 92, 94 Old Quogue Road | MLS# 1000583
This commercial property located at 90, 90a, 92, 94 Old Quogue Road , Riverhead, NY 11901 is currently listed for sale with an asking price of $1,500,000. 90, 90a, 92, 94 Old Quogue Road is located within the Riverhead school district. Search Riverhead real estate on lindakyan.cbamhomes.com today.