NORTH FORK
Understanding the North Fork Commercial Real Estate Market
The North Fork commercial real estate market is defined predominantly by owner occupant properties situated within our hamlets and waterfront villages. A limited supply of institutional and larger multi-unit retail complexes has created a limited availability of rental units driving appreciation in the smaller owner occupant/single user sector. Understanding local dynamics, Manhattan influence, local & county zoning is the key to this market.
HAMPTONS
Understanding the Hamptons
Commercial Real Estate Market
Commercial Real Estate in the Hamptons is significantly influenced by the significant influx of affluent New York and international vacationers during the summer months. Leasing & purchase demand is driven by national retail tenants in the most prominent hamlets as well as the local & regional year round businesses which support the seasonal home owners and vacationers during the high season. Market capitalization rates are much similar to the New York City region then the rest of Long Island’s Commercial Real Estate market.
RIVERHEAD
Understanding the Riverhead
Commercial Real Estate Market
Understanding the Riverhead Commercial Real Estate Market Downtown Riverhead and County Road 58 are the largest sectors within the Riverhead commercial real estate market. Route 58 has historically been one of the fastest growing retail corridors in New York State and remains populated with most regional and national tenants. Downtown Riverhead is transitioning into the hub of the east end connecting the North Fork & Hamptons markets.
North fork commercial
North Fork Commercial is a commercial real estate brokerage offering services in valuation, acquisition, disposition, commercial financing, default servicing, consulting and expert witness testimony.
