A 4,350 square foot mixed-use property in Suffolk County sold for $1.4 million in October 2025 at an 8.1% cap rate — $322 per square foot. In-place income, mixed retail and residential use.
An 8% cap on a mixed-use property reflects the additional management complexity relative to pure retail. The yield is there for the right buyer. If you own a similar property and are thinking about your options, give me a call.