Saint James, NY Mixed-Use Building2018-12-18T09:05:33-07:00

Project Description

Saint James, NY Mixed-Use Building For Sale

529 Lake Avenue, Saint James, NY 11780

Property Summary:

Price: $1,000,000
Building Size: 5,050 SF
Property Type: Mixed-Use
Lot Size: 0.2 Acres
Year Built: 1915
Cap Rate: 7.22%
NOI: $72,184
529 Lake Avenue
Saint James, NY 11780

Property Description

American Investment Properties has been exclusively retained to sell 529 Lake Ave, in Saint James, NY. This property is a mixed-use building which contains 2 retail units and 2 apartment units. Not only is there ample street parking, but there is additional parking in the rear of the property. This mixed-use building is just steps from the Saint James LIRR Train Station, and under 10 minutes driving distance from Stony Brook University and Smith Maven Mall.

  • Right Next to Saint James LIRR Train Station
  • Under 10 Min Drive to Stony Brook Univ. and Smith Maven Mall
  • Plenty Street Parking & 10-Car Rear Parking

Location Overview

Saint James is a hamlet and census designated place located in Suffolk County,on the North Shore of Long Island, New York. It is within the Town of Smithtown. Saint James has more than exceptional schools, excellent shopping, fine restaurants, and historical landmarks.

As of the 2010 census, there were 13,338 people, 4,535 households, and 3,395 families residing in the CDP. The median income for a household in the CDP was $90,132, and the median income for a family was$101,423. Males had a median income of $79,018 and only $58,103 for females. The latitude of Saint James is 40.878N. The longitude is -73.157W. It is in the Eastern Standard time zone. Elevation is 151 feet.

Contact Broker

John Heretakis Commercial Real Estate AssociateJohn Heretakis
(O) 516.393.2300 x205
(F) 516.390.5780

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
(O) 516.393.2300 x202
(F) 516.390.5780

Request more information on this property:

American Investment Properties (AIP) is Long Island’s premier commercial real estate (CRE) firm which provides honest and reliable expert advice to every client. Whether you are in the Real Estate Market to buy or sell property, American Investment Properties (AIP) will dedicate its resources to broker a winning deal. How can we help you?

Contact Our Team of Brokers