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Country Fair – Central Suffolk County ± 24 Acre Development Opportunity

In Contract

Development Considerations:

Ownership will consider proposals that are subject to the purchaser obtaining municipal approvals for a permitted use within the Town of Brookhaven’s J-2 Zoning. Examples of permitted uses are enclosed herein and include medical and professional offices, retail shopping centers, restaurants, places of worship, etc.

Opportunity Highlights:

  • Central Suffolk County – This well-located ± 24.32 acre rectangular and level site provides a rare opportunity for a developer to bring to market a new state of the art development.
  • Zoning:  The property is located in the Town of Brookhaven and the majority of the ± 24.32 acre parcel is zoned J2 with a small component zoned for residential use. The property is located within the Pine Barrens Compatible Growth Area.
  • Certain zoned uses may have increased septic requirements. One of the advantages of this large +/-24 acre site is that is large enough to handle most septic needs within the site and if necessary, it can also accommodate an on-site sewage treatment facility. In addition, there is a nearby by sewage treatment plant that may have excess capacity available.
  • Easy access to all modes of transportation including the Long Island Expressway, MacArthur Airport and LIRR. The Country Fair site is just 1.5 miles to the north of the Expressway and the new development will benefit from the recently completed NYS DOT Route 112 road improvement program.
  • Ownership invested approximately $10,000,000 in 2013 on a well-constructed two story building of ± 21,000 sf comprised of retail, restaurant and office space located at the front portion of the property and visible from Route 112. The building has one elevator providing access to second floor offices and conference room. There is a fully equipped professional grade kitchen with full catering capabilities. The lower-level partial basement has three large walk-in freezers for ample storage. The purchaser may find the quality of these improvements to be a great asset to be repurposed in a new development. In addition, the quality of the location and professional kitchen may provide an opportunity for a Ghost Kitchen/food delivery business model.
Price
$17,500,000
Lot Size
24.32
Address
3351 Route 112, Medford, NY
Listing Agent
Managing Director
Listing Agent
Managing Director