Hauppauge, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Hauppauge, New York Market population: 21K. Compare commercial properties across all major asset classes...

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📊 Average Cap Rate For Hauppauge 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 Hauppauge NY Properties: 1.7300%

⭐ 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 Hauppauge NY

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

What is the overall investment potential of Hauppauge, NY? +

Hauppauge, NY offers a stable investment market with a median household income of $105,480, a relatively low poverty rate of 4.2%, and a high health insurance coverage rate of 96.5%, indicating a strong and secure tenant base. The top industries, including Finance & Insurance and Manufacturing, also contribute to the area's economic stability. With a median property value of $469,100 and a homeownership rate of 84.1%, Hauppauge presents a promising opportunity for real estate investors.

How does the demographic diversity of Hauppauge impact the local real estate market? +

The demographic diversity of Hauppauge, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant and inclusive community. This diversity, combined with a median age of 43.8 and an employed population of 10,602, suggests a stable and growing market with a wide range of potential tenants. The area's low poverty rate and high health insurance coverage also indicate a high quality of life, making it an attractive location for renters and buyers alike.

What role do commute times and transportation options play in the Hauppauge real estate market? +

The average commute time of 29.9 minutes in Hauppauge is relatively low, and the top commute methods, including driving alone, working from home, and carpooling, indicate a flexible and convenient transportation network. This, combined with the area's high health insurance coverage rate and low poverty rate, suggests a high level of quality of life and a strong demand for housing. The commute time and transportation options also make Hauppauge an attractive location for workers in the nearby Finance & Insurance and Manufacturing industries.

How does the local economy and industry mix impact the real estate market in Hauppauge? +

The local economy in Hauppauge, driven by top industries such as Finance & Insurance, Manufacturing, and Information, contributes to a strong and diverse job market. This, combined with a median household income of $105,480 and a low poverty rate of 4.2%, indicates a high level of economic stability and a strong demand for housing. The area's high health insurance coverage rate and low GINI coefficient of 0.37 also suggest a high level of social stability and a reduced risk of investment.

What are the key factors to consider when evaluating the potential return on investment in Hauppauge? +

When evaluating the potential return on investment in Hauppauge, key factors to consider include the median property value of $469,100, the median property taxes of $6,272, and the homeownership rate of 84.1%. The area's low poverty rate, high health insurance coverage, and strong economy also contribute to a stable and secure investment environment. Additionally, the demographic diversity and commute times should be taken into account to ensure a wide range of potential tenants and a high level of quality of life.

Hauppauge NY Real Estate & City Facts

Key facts and real estate information about Hauppauge NY.

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

Some of the best neighborhoods to live in Hauppauge include Rinx Park, which is a peaceful and family-friendly neighborhood known for its beautiful parks and safe environment. Other desirable areas tend to be in the northeast parts of the city, while more affordable homes are in the north regions. Neighborhoods like Middle Island and Ronkonkoma are also worth considering, with Ronkonkoma being a popular choice for its convenience and amenities.

What are some fun things to do in Hauppauge? +

There are plenty of fun things to do in Hauppauge, including visiting the Simplay, The Rinx, and Wind Watch Golf & Country Club. You can also explore the Bill Richards Memorial Park, go hiking at Hunts Pond, or visit the Bayard Cutting Arboretum State Park. For some indoor fun, check out the Chamber of Horrors or catch a show at the local theater.

What is the food scene like in Hauppauge? +

The food scene in Hauppauge is diverse and exciting, with a range of restaurants serving everything from Italian to Indian to Japanese cuisine. Some popular spots include Branchinelli's Pizza & Restaurant, Grafton Street Pub, and Pace's Steak House. You can also find great casual dining options like Bull Smith's Tavern and The Wayward Kitchen & Cocktails, or try some fine dining at Sempre Vivolo or Mezza Luna.

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

The pros of living in Hauppauge include its safe and family-friendly environment, beautiful parks and outdoor spaces, and convenient access to amenities and attractions. However, some cons include the relatively high cost of living, traffic and congestion in certain areas, and limited nightlife options. Overall, Hauppauge is a great choice for those looking for a suburban lifestyle with easy access to New York City.

Is Hauppauge a good place to live? +

Hauppauge is a great place to live for those who value a safe and family-friendly environment, with plenty of outdoor spaces and convenient access to amenities. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle, Hauppauge offers a unique blend of suburban charm and accessibility to New York City. With its highly-rated schools, low crime rate, and strong sense of community, Hauppauge is definitely worth considering for those looking to put down roots in the area.

Hauppauge, NY Commercial Investment Properties for Sale

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

📊 Average Cap Rate For Hauppauge NY Properties: 6.86%

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

📊 Avg Property Tax Rate For Hauppauge NY Properties: 1.7300%

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

Investor Questions For Hauppauge NY

Hauppauge NY Real Estate & City Facts

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