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420 Osborn Ave 1,600 SF 100% Leased Office Building Riverhead, NY 11901 $550,000 ($343.75/SF)



EXECUTIVE SUMMARY
Get Ahead of the Curve on Riverhead’s New Development
NEGOTIABLE
Be part of the exciting redevelopment happening in Downtown Riverhead! A brand-new apartment building has just been completed nearby, adding to the area’s growing vibrancy.
This well-maintained small office building is located just one block from downtown Riverhead.
First Floor:
Large reception area
Hallway leading to three windowed offices
Spacious, ADA-accessible bathroom
Second Floor:
Two additional offices with hardwood floors and large windows
Second bathroom
Additional Features:
Full basement with upgraded mechanicals and ample storage space
Large parking lot with over 10 spaces
Hardwood floors and detailed moldings throughout
This property is ideal for a professional office, insurance agency, or similar business looking to establish itself close to the heart of downtown.
NEGOTIABLE
Be part of the exciting redevelopment happening in Downtown Riverhead! A brand-new apartment building has just been completed nearby, adding to the area’s growing vibrancy.
This well-maintained small office building is located just one block from downtown Riverhead.
First Floor:
Large reception area
Hallway leading to three windowed offices
Spacious, ADA-accessible bathroom
Second Floor:
Two additional offices with hardwood floors and large windows
Second bathroom
Additional Features:
Full basement with upgraded mechanicals and ample storage space
Large parking lot with over 10 spaces
Hardwood floors and detailed moldings throughout
This property is ideal for a professional office, insurance agency, or similar business looking to establish itself close to the heart of downtown.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,600 SF
Building Class
B
Year Built
1941
Price
$550,000
Price Per SF
$343.75
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
800 SF
Slab To Slab
10’
Building FAR
0.15
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
VC - VILLAGE CENTER.
Parking
11 Spaces (6.88 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 0600-128-00-01-00-023-003 | Improvements Assessment | $25,500 |
| Land Assessment | $13,000 | Total Assessment | $38,500 |
PROPERTY TAXES
Parcel Number
0600-128-00-01-00-023-003
Land Assessment
$13,000
Improvements Assessment
$25,500
Total Assessment
$38,500
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420 Osborn Ave
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