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116 Division St

8,142 SF 100% Leased Retail Building Patchogue, NY 11772 $5,200,000 ($639/SF)

Investment Highlights

  • Unique catering experience set on beautiful waters of the Patchogue River.
  • Newly renovated bar and lounge, state of the art kitchen.
  • Restaurant and Marina property features one of Long Island’s most spectacular waterfront views.
  • Restaurant consists of two-levels with 80+ seats outdoors, two bars with live music, four separate catering rooms.

Executive Summary

Unique catering experience set on beautiful waters of the Patchogue River; This 5000 SF Restaurant and Marina property features one of Long Island’s most spectacular waterfront views. Newly renovated bar and lounge, state of the art kitchen. This 5000 +/- SF Restaurant consists of two-levels with 80+ seats outdoors, two bars with live music, four separate catering rooms. Additional Catering Boat w/ US Coast Guard approvals holds 125 people. Also comes with additional lot situated at 143 River Ave which is 3/4 acre +/-, 2 story house, 3 car garage & storage apartment. Currently has 5 tenants. Incredible Opportunity in the bustling Village of Patchogue.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,142 SF
Building Class
C
Year Built
1950
Price
$5,200,000
Price Per SF
$639
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.81
Land Acres
0.23 AC
Parking
75 Spaces (9.21 Spaces per 1,000 SF Leased)
Frontage
60 FT on Division St

Amenities

  • Commuter Rail
  • Restaurant
  • Waterfront
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bravo
Flight
Arooga's
Bank of America
Starbucks
Ymca
Dime Community Bank
Chase Bank
Capital One
Country Kitchen

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0204-013-00-08-00-003-001
Land Assessment
$650
Improvements Assessment
$6,350
Total Assessment
$7,000
  • Listing ID: 32002419

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 116 Division St, Patchogue, NY 11772

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