479 S Ocean Avenue Patchogue, NY $ 699,000
479 S Ocean Avenue
$ 699,000
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479 S Ocean Avenue

Patchogue, NY, 11772
$ 699,000
Bedrooms-- Baths-- Sq 2,000

Monthly Estimate*

$ 4,361

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Commercial Property for sale in Patchogue, NY

for $699,000. This 2,000 square foot building was built in 1932 on a lot size of 0.27.

Discover an exceptional investment opportunity at 479 South Ocean Ave, Patchogue NY. This prime 3-income building situated in the heart of Patchogue Village. Perfectly located just steps from the scenic Shorefront Park and the vibrant waterfront, this property offers unparalleled access to the lively riverfront atmosphere, beautiful views, and recreational amenities that make Patchogue a sought-after destination. This well-established building features a charming 2-bedroom apartment and a cozy 1-bedroom apartment, both currently rented and providing immediate income. Additionally, there is a fully leased Deli on the premises, offering further revenue streams. With three dependable tenants, this property promises steady cash flow and excellent investment security. Beyond its impressive income potential, 479 South Ocean Ave boasts a truly priceless location. Its proximity to the water and downtown Patchogue provides countless business opportunities — ideal for entrepreneurs looking to capitalize on the bustling waterfront events, festivals, and high foot traffic. Whether considering expanding existing operations or establishing a new venture, this versatile property offers a strategic base in a thriving community. Furthermore, the building has access to sewer hookup, simplifying development and adding to its appeal for future improvement or expansion projects. With its prime location, robust income, and a multitude of business possibilities, 479 South Ocean Ave is an outstanding opportunity for investors or entrepreneurs seeking to be part of Patchogue’s dynamic waterfront scene. Don’t miss your chance to own a piece of Patchogue’s vibrant water-oriented lifestyle with this incredible commercial/residential property. Contact us today to learn more and schedule a viewing!

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Commercial Pending

Price

$ 699,000

Property Type

Commercial

Taxes

$ 12,579

Style

Mixed Use

Lot Size

0.27

Year Built

1932

Town/City

Patchogue

County/Region

Suffolk

MLS | Web ID

908409

Features
General
Sewer Cesspool
Heating Baseboard Hot Water Oil
Cooling None
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Available Trash Collection Public Water Connected
Zoning Multi Use
Construction Materials Brick Frame
Year Built 1932
Electric 200+ Amp Service
Property Subtype Mixed Use
Tax Year 2025
Parcel Number 0204-020-00-01-00-018-000
Gross Income 86700
Business Type Deli/Catering
County Suffolk County
Operating Expense 22165
Property Type Commercial Sale
Directions Main St South on Ocean Ave S.
City Brookhaven
Disclosures Lead Paint M6 Disclosure of Ownership Interest Other Disclosures
Number Of Units Total 3
Property Attached Y/N N
Tax Annual Amount 12579.83
Showing Instructions Thru Listing Broker
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Pending
Tax Lot 18
Cap Rate 10
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Interior
Basement Bilco Door(s) Partial Unfinished
Flooring Carpet Combination Laminate Tile Wood
Total Stories 2
Basement Features Bilco Door(s) Partial Unfinished
Basement (Y/N) Y
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Exterior
Fencing Back Yard Front Yard
Water Source Public
Total Parking 6
Parking Spaces 6
Foundation Details Block
Building Area Total 2000
Waterfront Y/N N
Road Frontage Type Municipal
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 479
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* Excluded Features
List By
Theodore Gounelas CBR

Listing Agent

Coldwell Banker M&D Good Life

Broker

631-289-1400

Contact

Affordability Calculator

$5,409
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,361
Monthly Property Taxes
$1,048
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2025$699,000 Listed Price

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479 S Ocean Avenue, Patchogue, NY, 11772 is a Commercial Property for sale at $699,000 with 2,000 sqft and a lot size of 0.27. 479 S Ocean Avenue was built in 1932. The property's zip code is 11772 which is in Patchogue, NY