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Exceptional commercial opportunity in the heart of the vibrant Village of Patchogue. Positioned along North Ocean Avenue—one of the Village's primary gateway corridors—147 N Ocean Avenue offers outstanding visibility, daily traffic exposure, and exceptional branding potential in one of Long Island's most sought-after business districts. This well-maintained office building features over 2, 700 square feet of professional office space thoughtfully configured with approximately 10 private offices, a kitchen/break area, reception possibilities, and a flexible layout capable of accommodating a wide variety of professional, medical, legal, financial, creative, or corporate users. One of the property's most valuable assets is its expansive private parking lot with more than 22 dedicated parking spaces—an increasingly rare and highly desirable amenity within Patchogue Village, where parking is at a premium. Surrounded by the Village's thriving downtown filled with restaurants, retail, entertainment, and year-round community activity, this location provides businesses with exceptional convenience, strong consumer traffic, and immediate access to one of Long Island's fastest-growing commercial markets. Whether you're looking to establish your company's headquarters, expand your existing business, occupy part of the building while generating rental income, or acquire a long-term investment in one of Suffolk County's premier downtown locations, 147 N Ocean Avenue offers a rare combination of location, visibility, functionality, and future upside.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$949,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $759,999 | $759,999 | $759,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,235 | $1,235 | $1,235 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,315 | $4,557 | $6,413 |
| Total Monthly Payment | $5,642 | $5,884 | $7,740 |
* 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.