749 E Main Street, Kings Park, NY, 11754 | $629,999

Prime opportunity for a business owner to own the building you operate in—rather than lease it. Positioned on highly visible E Main Street and surrounded by established commercial anchors including a CVS, gas station, and local tavern, this property offers strong exposure and long-term upside for the right end user. Currently configured as a 2-bedroom, 2-bath home (~1, 500 SF on a 0. 32-acre lot), the property presents a unique opportunity to convert or adapt to a variety of neighborhood business uses (subject to proper permits and approvals). Ideal for professional services such as attorneys, accountants, therapists, tax professionals, or boutique retail. Potential also exists for food-related concepts, office use, or service-based businesses looking for accessibility, visibility, and parking. For entrepreneurs and small business owners, this is a chance to control your overhead, build equity, and establish a long-term presence in a well-trafficked corridor rather than continue leasing space. The property can also be enjoyed as a residential home for buyers seeking flexibility or future mixed-use potential. Ample lot size, existing driveway parking, and proximity to established businesses make this a rare find with multiple paths for value. Buyer to verify all zoning and permitted uses with the Town of Smithtown

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Style: Colonial
  • Year Built: 1940
  • Heating: Oil
  • Cooling: None
  • Basement: Finished
  • Approx Sq. Feet: 1,500
  • Acreage: 0.32
  • Est. Taxes: $6,832
  • Elem. School: Fort Salonga Elementary School
  • Middle School: William T Rogers Middle School
  • High School: Kings Park High School
  • School District: Kings Park
  • Appliances: Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • MLS#: 992841
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/992841/749emainstreet_kingspark_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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Daniel KolichSales Associate

203.667.2467

Daniel.Kolich@raveis.com

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Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 130058

203.952.8600

Joseph.Mollica@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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749 E Main Street, Kings Park, NY, 11754

$629,999

Daniel Kolich

Sales Associate

William Raveis Real Estate

Phone: 203.667.2467

Daniel.Kolich@raveis.com

Joseph Mollica

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.952.8600

Joseph.Mollica@raveis.com

NMLS Mortgage Loan Originator ID 130058

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $503,999 $503,999 $503,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.730%
Monthly Tax Payment $569 $569 $569
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,018 $3,144 $4,115
Total Monthly Payment $3,679 $3,805 $4,776

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.