New Listing - 05/15/2026
90, 90A, 92, 94 Old Quogue Road, Riverhead, NY, 11901
1925
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.
Status:
Active
Type:
Commercial
Units:
4
Heating:
Hot Water, Oil
Cooling:
None
Basement:
Unfinished
Parking:
Driveway, Unassigned
Acreage:
0.32
Est. Taxes:
$6,831
Assessment
$187,500
Construction
Frame, Other, Stucco
Utilities
Electricity Connected, Trash Collection Private, Water Connected
School District:
Riverhead
Days on Market:
4
MLS #:
1000583
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of H & G Realty New York 631-345-5600