33 W 2nd St

$7,850,000
Price
Beds
Baths
26,235 Sq. Ft.
$299 / Sq. Ft.
26,235
Sq. Ft.
$299
per Sq. Ft.

Description

Prime Office Investment in Riverhead
Stabilized Sale Leaseback in Key Opportunity Zone
Income Producing Asset – This 26,235sf office building at 33 W 2nd Street offers a stabilized investment with a financially secure NNN tenant in place under a new 10-year lease. The property generates considerable NOI, providing investors with long-term returns. Currently single tenant, but easily converted to multi-tenant. The original building was expanded twice creating a vast and unique structure. The first floor
...Prime Office Investment in Riverhead

Stabilized Sale Leaseback in Key Opportunity Zone

Income Producing Asset – This 26,235sf office building at 33 W 2nd Street offers a stabilized investment with a financially secure NNN tenant in place under a new 10-year lease. The property generates considerable NOI, providing investors with long-term returns. Currently single tenant, but easily converted to multi-tenant. The original building was expanded twice creating a vast and unique structure. The first floor and two second floor wings feature a combination of private offices,
conference rooms, kitchens, waiting areas, foyers, and open workspaces. The full egress basement provides additional office and storage areas, along with archives, mechanicals, & a kitchen.

Historic Charm, Modern Functionality – This architecturally distinctive building blends historic character with updated office infrastructure, like elevator access, sprinklers, & fiber optic internet,
appealing to businesses seeking both charm and practicality.

Prime Downtown Location – Located in the heart of historic downtown Riverhead, the 0.32-acre
property sits across from Riverhead Town Hall, one block from Main Street, and half a block from the
Suffolk County Supreme Court. Its position within the Village’s revitalization corridor ensures high visibility, strategic placement, and long-term redevelopment opportunities.

Opportunity Zone Advantage – The property lies within Riverhead’s designated Opportunity Zone, offering potential tax benefits and appreciation as the area continues to experience revitalization and economic development.

High-Demand Office Space – The property’s size, prime location, and long-term tenant presence make it a rare investment in the East End’s limited office market, highly sought after by 1031 exchange buyers and long-term investors.

Surrounding Businesses:
RXR Riverhead Mixed Use Complex, M&T Bank, NYS Supreme Court, Riverhead Town Hall, Tweed’s Restaurant, North Fork Brewing Company, Suffolk Theatre, Star Confectionary

Listing Agents

  1. Hal Zwick

    Hal Zwick

    Listing Agent

    Compass

    hal.zwick@compass.com

    P: (631)-678-2460

  2. Jeffrey Sztorc

    Jeffrey Sztorc

    Alternative Listing Agent

    Compass

  3. Sean Deery

    Sean Deery

    Alternative Listing Agent

    Compass

    sean.deery@compass.com

    P: (631)-480-5225

  4. Zoila Ortega Astorr

    Zoila Ortega Astorr

    Alternative Listing Agent

    Compass

Amenities

  • Basement
  • Carpet Floors
  • Common Kitchen
  • Decorative Mouldings
  • Double Staircase
  • Eat-in Kitchen
  • Elevator
  • Freezer
LISTING UPDATED: 07/21/2025 10:41 AM

Property Details for 33 West 2nd Street

StatusActive
Days on Market-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS Type-
Year Built-
Lot Size-
CountySuffolk County
Add your commute

Payment Calculator

$38,790 per month

30 year fixed, 6.28% Interest

Principal and Interest

$38,790

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property History for 33 West 2nd Street

DateEvent & SourcePriceAppreciation
Jan 31, 2025

Listed (Active)

OUTEAST #413815

$7,850,000
Oct 18, 2024

Sold (Public Record)

Public Record #1547093751

$3,000,000
DateEvent & SourcePrice
01/31/2025

Listed (Active)

OUTEAST #413815

$7,850,000
10/18/2024

Sold (Public Record)

Public Record #1547093751

$3,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 33 West 2nd Street

Taxable ValueLand$75,000Additions$114,000Total$189,000
Home Facts
Total Finished SqFt10,229 SqFtAbove Grade Finished SqFt10,229 SqFtStories2Lot Size13,504 SqFtStyleFinancial BuildingYear Built1920Year Renovated1996Zoning08 - GOVERNMECountySUFFOLKAPN0600-128.00-06.00-003.001

Schools near 33 West 2nd Street

This home is within Riverhead Central School District.
Rating
School
Type
Grades
Distance
Public - 5 to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Pulaski Street Elementary School
Public5 to 6

Riverhead Middle School
Public6 to 8

Riverhead Senior High School
Public9 to 12

Roanoke Avenue School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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33 West 2nd Street is for sale in Riverhead, NY 11901. This listing's school district is Riverhead Central School District. Nearby schools include Pulaski Street Elementary School, Riverhead Middle School and Riverhead Senior High School. 33 West 2nd Street is a 0-bed, 0-bath, 26,235 sqft.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All Rights Reserved.