33 W 2nd St






















Description
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
hal.zwick@compass.comP: (631)-678-2460
jeffrey.sztorc@compass.comP: (631)-903-5022
sean.deery@compass.comP: (631)-480-5225
zoila.ortegaastorr@compass.comP: (917)-359-5702
Amenities
- Basement
- Carpet Floors
- Common Kitchen
- Decorative Mouldings
- Double Staircase
- Eat-in Kitchen
- Elevator
- Freezer
Property Details for 33 West 2nd Street
| Status | Active |
|---|---|
| Days on Market | - |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Other |
| MLS Type | - |
| Year Built | - |
| Lot Size | - |
| County | Suffolk County |
Location
Payment Calculator
$38,790 per month
30 year fixed, 6.28% Interest
$38,790
$0
$0
Property History for 33 West 2nd Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 31, 2025 | Listed (Active) OUTEAST #413815 | $7,850,000 | — |
| Oct 18, 2024 | Sold (Public Record) Public Record #1547093751 | $3,000,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 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
Schools near 33 West 2nd Street
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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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.

























