Commercial > Office
Active
01/25/2025
List Price
$7,850,000$299/ft²
33 2nd St
Riverhead, NY 11901
- -Bed
- 5Baths
- 26,235ft²Living Area
- 0.3acLot Size
- -Pool
- -Car
- 1920Year Built
- 319DOM
- -Permit
33 2nd St, Riverhead, NY 11901 is a 5 bath, 26,235 ft² commercial office property property built in 1920 on a 0.310 acre lot. This commercial office property is currently listed for $7,850,000.
MLS Description
The listing agent's description. Original Listing
Income Producing Asset - This 26,235sf office building at 33 W 2nd Street offers a stabilized investment with a financially secure NNN tenant in place under a new 10-year lease. The property generates considerable NOI, providing investors with long-term returns. Currently single tenant, but easily converted to multi-tenant. The original building was expanded twice creating a vast and unique structure. The first floor and two second floor wings feature a combination of private offices, conference rooms, kitchens, waiting areas, foyers, and open workspaces. The full egress basement provides additional office and storage areas, along with archives, mechanicals, & a kitchen. Historic Charm, Modern Functionality - This architecturally distinctive building blends historic character with updated office infrastructure, like elevator access, sprinklers, & fiber optic internet, appealing to businesses seeking both charm and practicality. Prime Downtown Location - Located in the heart of historic downtown Riverhead, the 0.32-acre property sits across from Riverhead Town Hall, one block from Main Street, and half a block from the Suffolk County Supreme Court. Its position within the Village's revitalization corridor ensures high visibility, strategic placement, and long-term redevelopment opportunities. Opportunity Zone Advantage - The property lies within Riverhead's designated Opportunity Zone, offering potential tax benefits and appreciation as the area continues to experience revitalization and economic development. High-Demand Office Space - The property's size, prime location, and long-term tenant presence make it a rare investment in the East End's limited office market, highly sought after by 1031 exchange buyers and long-term investors. Asking Price - $7,850,000 Surrounding Businesses: RXR Riverhead Mixed Use Complex, M&T Bank, NYS Supreme Court, Riverhead Town Hall, Tweed's Restaurant, North Fork Brewing Company, Suffolk Theatre, Star Confectionary Inquire with the Hamptons Commercial RE Team for additional information. (2024 Town Tax Bill: $69,790) (2024 Building Insurance: $16,000) (2024 Repairs / Maintenance: $62,757) (Tax ID #'s: 0600-128.00-06.00-003.001 & 0600-128.00-06.00-004.001)
Listing Agents
The listing agent for 33 2nd St is Hal Zwick.
HZ
Hal Zwick
Compass
Phone: (212) 913-9058
Current Ownership
Information about the current owner(s).
Taxes Billed
Total Assessed Value$189,000=Land+
Assessed Value$75,000Additions
Assessed Value$114,000
In 2020, taxes billed for 33 2nd St were $0, which is 0.00% from latest Total Assessed Value of $189,000.
Property History
33 2nd St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 33 2nd St
Hazard Risks
Hurricane147Lead116Carb Mono110Air Pollution107Ozone103Nat'l Avg100Weather88Wind86Particulates81Earthquake50Hail32Tornado23
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 33 2nd St.
Walkability Index
17 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
33 2nd St has a walkability score of 17 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
25°F
High
40°F
Summer
Average
Low
62°F
High
81°F
In the winter at 33 2nd St, temperatures range from 24.89°F to 40.01°F with an average of 32.45°F. In the summer, the temperature ranges from 61.84°F to 80.57°F with and average of 71.21°F.
School Information
Public/private schools serving 33 2nd St
Public Schools
Riverhead Senior High School
Grades: 9-12
0.95 mi
C
Riverhead Middle School
Grades: 7-8
0.76 mi
D
Pulaski Street Elementary School
Grades: 5-6
0.44 mi
D
Roanoke Avenue School
Grades: KG-4
0.17 mi
D+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 33 2nd St have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Riverhead, Riverhead, NY 11901.
Seasonal Housing units 11901
55%of housing is for seasonal rent.
Daytime Population for 11901
-22%of people during work hours.
Crime Index for 11901
149
149
The crime index in 11901 is 149, which is 1.5 times higher than national average.
Market Trends
Historical market data near 33 2nd St over selected time period.
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