CRE Admin

Wading River, NY High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Wading River, New York Market population: 8K. Explore income-producing properties with verified cap rates...

Advertisement
Cap Rate: High NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in New York.
2 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor

📊 Average Cap Rate For Wading River NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For Wading River NY Properties: 2.1400%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For Wading River NY

Common questions from investors exploring commercial real estate in Wading River NY.

What is the overall investment potential of Wading River, NY? +
Wading River, NY offers a stable investment market with a median household income of $123,419, a relatively low poverty rate of 2.9%, and a high health insurance coverage rate of 96.5%, indicating a strong and secure tenant base. The top industries, including Health Care & Social Assistance and Educational Services, also suggest a diverse economy. With a median property value of $443,100 and a high homeownership rate of 92.1%, this area presents a promising opportunity for real estate investment.
How does the demographic makeup of Wading River, NY impact its rental market? +
The demographic makeup of Wading River, NY, with a median age of 43.4 and a dominant White population, suggests a stable and family-oriented community. The foreign born rate of 7.3% and top ethnicities, including White and Asian, indicate a relatively diverse population. Combined with the low poverty rate of 2.9% and high health insurance coverage of 96.5%, this demographic profile points to a reliable and stable rental market with tenants likely to be working professionals and families.
What are the key factors influencing the quality of life in Wading River, NY, and how do they affect real estate investment? +
The quality of life in Wading River, NY is influenced by factors such as the average commute time of 43.2 minutes, with the majority of residents driving alone, and a high health insurance coverage rate of 96.5%. These factors, along with the top industries and median household income of $123,419, contribute to a stable and secure environment, making it an attractive location for both residents and investors. The relatively low poverty rate of 2.9% and high homeownership rate of 92.1% further reinforce the area's desirability.
How does the local economy and employment landscape impact real estate investment in Wading River, NY? +
The local economy in Wading River, NY, driven by top industries such as Health Care & Social Assistance, Educational Services, and Public Administration, provides a stable foundation for real estate investment. With an employed population of 3,821 and a median household income of $123,419, the area attracts working professionals and families, creating a strong demand for housing. The relatively low unemployment rate of 3.2% and low poverty rate of 2.9% further support the viability of real estate investments in this market.
What role do property values, taxes, and ownership rates play in the investment potential of Wading River, NY? +
The median property value of $443,100 and median property taxes of $9,444 in Wading River, NY indicate a relatively high-value market with significant investment potential. The high homeownership rate of 92.1% suggests a strong sense of community and stable property market. When combined with the low poverty rate of 2.9%, high health insurance coverage of 96.5%, and diverse economy, these factors contribute to an attractive investment environment, with opportunities for both rental income and long-term property appreciation.

Wading River NY Real Estate & City Facts

Key facts and real estate information about Wading River NY.

What are some of the best neighborhoods to live in Wading River? +
Some of the best neighborhoods to live in Wading River include the area around Wildwood State Park, which offers a serene and natural environment, and the downtown area, which has a low-key foodie scene and a variety of restaurants and shops. According to NeighborhoodScout, Wading River is a good choice for families with children due to its high percentage of families with children and its good schools.
What are some fun things to do in Wading River? +
There are plenty of fun things to do in Wading River, including visiting Wildwood State Park, which offers hiking and biking trails, and Brookhaven State Park, which has a variety of outdoor activities such as fishing and boating. You can also visit the North Fork Craft Gallery, which features local artisans and their work, or attend one of the many events and festivals held in the area, such as the North Fork Craft Beer, BBQ, & Wine Festival.
What is the food scene like in Wading River? +
The food scene in Wading River is low-key but offers a variety of options, including elevated comfort food at Ruggero's Wading River, French cuisine at La Plage, and American comfort eats at Watermark of Wading River. There are also plenty of great food trucks and farm stands in the area, offering fresh produce and local specialties.
What are the pros and cons of living in Wading River? +
The pros of living in Wading River include its natural beauty, with plenty of parks and outdoor spaces, and its low-key foodie scene, which offers a variety of dining options. However, the area can be quite rural, which may make it difficult to access certain amenities or services. Additionally, the commute to nearby cities can be long, which may be a challenge for some residents.
Is Wading River a good place to live? +
Wading River can be a good place to live for those who value a natural and serene environment, a low-key foodie scene, and a variety of outdoor activities. However, it may not be the best fit for those who prefer a more urban lifestyle or need to be close to certain amenities or services. Ultimately, whether Wading River is a good place to live depends on your individual preferences and priorities.
Advertisement