357 Smithtown Boulevard
Nesconset, NY, 11767 $ 4,250,000
Baths0.0 Sq 183,387 Monthly Estimate*
$ 26,835
Studio for $4,250,000. This 183,387 square foot property was built on a lot size of 4.21.
For the first time in more than 75 years, a legacy of land assembled over generations is being offered to the public. Beginning with the acquisition of its first parcel in 1949, what started as a single investment has evolved into a remarkable nine-parcel assemblage encompassing approximately 4.21 acres in the heart of the Ronkonkoma/Nesconset corridor. Never before offered as one acquisition, this is a once-in-a-generation opportunity to control an entire mixed-use portfolio with exceptional flexibility and long-term potential. More than just real estate, this is the opportunity to shape the future of an entire development block. Whether your vision is a thoughtfully planned residential community, a mixed-use redevelopment, an income-producing investment portfolio, or a phased development strategy, this offering provides a foundation that would be extraordinarily difficult to recreate in today's market. The assemblage includes: • Two commercially zoned parcels with prominent frontage and visibility along Smithtown Boulevard. • A six-unit multifamily property providing immediate income while future plans are developed. • Five contiguous residential development parcels totaling approximately 2.75 acres, offering exceptional potential for future residential expansion. • A single-family residence that may serve as rental property, or future redevelopment component. What makes this offering truly exceptional is not simply the acreage—it's the opportunity. Acquiring nearly an entire development block under one ownership eliminates the time, uncertainty, and expense of assembling multiple properties from different owners. It creates a level of flexibility and control that is increasingly difficult to find in today's market. Strategically positioned with frontage on Smithtown Boulevard and additional access from Spectacle Lake Drive and Lillian Drive, the property enjoys outstanding visibility, multiple access points, proximity to Lake Ronkonkoma, the Long Island Rail Road, shopping, dining, major transportation corridors, and regional employment centers. Very few opportunities offer this combination of location, existing income, commercial frontage, residential development potential, and long-term flexibility within a single acquisition. For more than seven decades, this property has been part of one family's story. Today, it is ready to become part of someone else's vision. All information is deemed reliable but not guaranteed. Buyers are responsible for independently verifying zoning, permitted uses, development potential, approvals, utilities, lot dimensions, environmental conditions, and all other matters material to their intended use.
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FeaturesGeneralSewer Cesspool
Utilities Electricity Connected
Tax Year 2025
Current Use Commercial Mixed Use Multi-Family Residential Vacant
Parcel Number 0800-171-00-02-00-027-000
County Suffolk County
Property Type Land
HOA N
Other Structures Barn(s) Outbuilding Residence Shed(s)
High School Sachem High School North
City Smithtown
Senior Community Y/N N
High School District Sachem
Elementary School Wenonah School
Tax Annual Amount 24252
Middle/Junior High School Samoset Middle School
Additional Parcels Y/N Y
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Sachem
Elementary School District Sachem
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* Excluded FeaturesList ByJaclyn MarraListing Agent
Keller Williams Upstate NypropBroker
Affordability Calculator
- Monthly Principal & Interest
- $26,835
- Monthly Property Taxes
- $2,021
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Nesconset, NY
Average List Price $4,250,000
Percent of Sale Price 0%
About Nesconset, NY 14,733 Population
4% Since 2002
$ 115,998 Median Income
43.71 Median Age
40% Households with Children
Trends Information provided by ATTOM Data Solutions.
4099108 Elementary School
4100060 Middle School
Sachem High School North High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/25/2026 | $4,250,000 | | Listed Price |