Commack, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Commack, New York Market population: 36K. Compare commercial properties across all major asset classes...

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📊 Average Cap Rate For Commack NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000

Buffalo Multifamily

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

Cap Rate 7.56%

NOI $491,400

Size 65,000 SF

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📊 Avg Property Tax Rate For Commack NY Properties: 0.0000%

⭐ 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

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Investor Questions For Commack NY

Common questions from investors exploring commercial real estate in Commack NY.

What makes Commack, NY an attractive location for real estate investment? +

The combination of a high median household income of $123,419, a low poverty rate of 2.9%, and a strong healthcare and social assistance industry suggests a stable and growing market with a high demand for quality housing, while the 96.5% health insurance coverage and 34.4-minute average commute time indicate a reliable and healthy workforce.

How does the demographic diversity of Commack, NY impact the local real estate market? +

The top ethnicities of White (88.1%), Asian (6.4%), and Hispanic or Latino (6.2%) contribute to a diverse community, and when combined with the foreign born rate of 14.5%, this diversity can lead to a vibrant and dynamic local economy, with the top industries of healthcare, retail trade, and finance driving job growth and housing demand.

What are the key factors that influence the quality of life for residents and tenants in Commack, NY? +

The average commute time of 34.4 minutes, the high health insurance coverage rate of 96.5%, and the low poverty rate of 2.9% all contribute to a high quality of life, and with 87.2% of the population being homeowners, this suggests a strong sense of community and stability, making it an attractive location for both residents and investors.

How does the local economy and employment market impact the real estate investment potential in Commack, NY? +

The employed population of 17,521, the low unemployment rate of 3.2%, and the top industries of healthcare, retail trade, and finance all indicate a strong and diverse economy, and when combined with the median property value of $513,400 and the median property taxes of $11,500, this suggests a stable and growing real estate market with potential for long-term appreciation.

What are the implications of the GINI coefficient and poverty rate on the tenant quality and property management in Commack, NY? +

The GINI coefficient of 0.401 and the poverty rate of 2.9% suggest a relatively equal distribution of income and a low level of poverty, and when combined with the 96.5% health insurance coverage, this indicates a reliable and stable tenant base, making it easier for property managers to maintain high occupancy rates and attract quality tenants.

Commack NY Real Estate & City Facts

Key facts and real estate information about Commack NY.

What are some of the best neighborhoods to live in Commack? +

Some of the best neighborhoods to live in Commack, NY include the south parts of the city and the southwest regions, which offer a range of home prices and a suburban charm. According to nextdoor.com, the best places to live in Commack consider cost of living, home prices, friendliness, and crime/safety reports. Additionally, thebeaconteam.com suggests that Commack is a good place to live, with top-rated schools and unbeatable convenience.

What are some fun things to do in Commack? +

Although I was unable to find specific information about things to do in Commack, the city's location on Long Island suggests that there are likely many outdoor activities and attractions to enjoy in the area, such as visiting nearby parks or beaches.

What is the food scene like in Commack? +

The food scene in Commack, NY offers a variety of options, including Italian restaurants like Mannino's Italian Kitchen & Lounge and Mabella, as well as other cuisines like Pastrami & Grill. According to tripadvisor.com, some of the top-rated restaurants in Commack include Sangria 71 and Mezza Luna. There are also plenty of great food trucks and casual eateries to choose from.

What are the pros and cons of living in Commack? +

The pros of living in Commack, NY include its suburban charm, top-rated schools, and unbeatable convenience. However, some potential cons to consider are the high cost of living and home prices, as well as the potential for traffic and congestion in the area. According to datausa.io, the median household income in Commack is $123,419, and the median property value is $513,400.

Is Commack a good place to live? +

Overall, Commack, NY seems to be a good place to live, with its suburban charm, top-rated schools, and unbeatable convenience. However, it's essential to weigh the pros and cons and consider factors like cost of living, home prices, and traffic before making a decision. According to galluzzoteam.com, Commack is a vibrant Suffolk County hamlet that blends suburban charm, top-rated schools, and unbeatable convenience, making it an attractive option for those looking to live on Long Island.