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For Sale

$1,249,000

591 Main Street
Center Moriches, NY 11934

ATTENTION INVESTORS!!! First Time Offered - Tenke Apartments, a (4) Unit Apartment Complex - (3) Legal one Bedroom Apartments and (1) Light Commercial Building - Fully Leased with Long Term Tenants (All current before and after Covid) - Below Market Value Rents - Business corridor prime corner property consisting of ~.68 acres directly on Main Street with two curb cuts on separate streets. Possible redevelopment opportunity. No deferred maintenance -excellent condition - Close to all Downtown amenities - seconds to nearby school(s), major shopping, local restaurants, nearby medical and public transportation . Fully Leased with long term Tenants. - Below Market Rents; All Units Separate Gas/Electric Meters; Low Risk Passive Income - All New Renovations; Mechanicals and Interiors. Excellent turn key condition - No Issues - limited expenses for hands free ownership.. **** OWNER FINANCING AVAILABLE - Call for details Read More

Market Status
Available
Last Updated
June 16, 2021

Property Type
Commercial Property
Year Built
1950
Stories
2
Stories
2.0
Taxes
-
Property Type
Commercial; Apartment

Local Market Conditions

There are currently 22 properties for sale in the Center Moriches, NY area with the average listing price of $1,344,358. This represents a decrease of -0.3% over the previous week. The 3 bedroom homes saw the largest decrease in the average listing price over the previous week with a -2.3% decrease. To learn more about the Center Moriches, NY area, contact a local expert!

Market Snapshot for Center Moriches, NY

Avg. Listing Price

$1,344,358

Wk ending Jun 19

$-4,318

-0.3%

w-o-w

22

14

10

2

2

Average Listing Price for Center Moriches, NY
No. BedroomsNo. Beds Week Ending
(Jun 19)
w-o-w Week Ending
(Jun 12)
Week Ending
(Jun 5)
Week Ending
(May 29)
All PropertiesAll $1,344,358 -0.3% $1,348,676 $1,489,315 $1,337,071
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $369,000 +0.0% $369,000 $369,000 $369,000
3 bedrooms3 BR $552,081 -2.3% $564,790 $575,000 $567,222
4 bedrooms4 BR $766,998 +5.7% $725,830 $800,663 $871,997

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Listing Provided By:

Todd Romano

Hampton Estates Realty

Phone
This $1,249,000 Commercial Property at 591 Main Street in Center Moriches, NY is offered by Todd Romano. This $1,249,000 Commercial Property, located in the 11934 zip code, has the following property features: Stories, Taxes, Property Type. This 591 Main Street Commercial Property is listed under MLS listing number 3303706 and has a listing price of $1,249,000. You can find more Center Moriches homes for sale here.

Data Provided by OneKey MLS


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