| Primary address | 503 Lake Avenue, Saint James |
| Zip code | 11780 |
| County | Suffolk |
| Municipality | Smithtown |
| Parcel ID | 56-2-1 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 02/19/2021 |
| Sale price | $750,000 |
| Arm's length | Register |
| Current property tax | $13,952 |
| Building class | Commercial (400) |
| Acreage | 0.25 |
| Zoning district | Register |
| School district | Smithtown |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
Assessed at $5,000, the tax amount paid for 503 Lake Avenue, Saint James, NY 11780 is $12,881.
When was 503 Lake Avenue, Saint James, NY 11780 last sold and what was the last sale price?503 Lake Avenue, Saint James, NY 11780 was last sold in 02/19/2021 for $750,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Sale |
|---|---|
| Listing date | 02/13/2026 |
| Last updated | 04/27/2026 |
| Lot size | 0.25 Acre |
Situated in the heart of Saint James, NY, this vibrant area offers a prime location for Retail / Street Retail investment. With its charming downtown area, the property is surrounded by a bustling community and a robust local economy. Nearby attractions like the historic St. James General Store and the scenic walking trails of the Caleb Smith State Park Preserve provide a unique draw for visitors and residents alike. The area is also home to a variety of popular dining and shopping destinations, ensuring a steady flow of foot traffic throughout the year. This dynamic location presents an exceptional opportunity for a retail investor looking to be part of a thriving and well-established community.This property is the former home to long established Garguilo's Bakery, a staple in the town of St. James. This listing offers a rare commercial opportunity in a highly visible and well‑traveled location at the prime corner of Lake Avenue and Railroad Avenue, directly across from the train station. The site includes a 2,467 square foot main building with a full basement featuring 8-foot ceilings, plus an additional 414 square foot storage building. The main level offers 9-foot ceilings, hardwood flooring, central air conditioning, steam radiators, gas heat, and three phase electric service with four hundred amps. The lower level provides approximately 2,400 square feet of usable space, ideal for storage, prep, or operational support. The building sits on a quarter acre lot totaling 10,890 square feet and was constructed in 1963 with masonry concrete block construction, brick siding, and a flat roof. Utilities include community water and private septic. The property features one half bath, 14 on-site parking spaces, and handicap accessible elements. This location benefits from strong visibility, steady foot and vehicle traffic, and immediate access to transportation. This is an excellent opportunity for an owner user or investor seeking a well-located commercial building with existing restaurant approvals and flexible potential for redevelopment or continued commercial use.
Create a free account to view the complete sales history for 503 Lake Avenue, Saint James, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 503 Lake Avenue, Saint James, NY 11780. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year | 2025-2026 |
| Base tax | $12,881 |
| Current property tax | $13,952 |
| Market value | $625,000 |
| Assessed value | $5,000 |
Here's the assessment & property tax history for 503 Lake Avenue, Saint James, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2024-2025 | $581,396 | $5,000 | 2469.867 | $12,349 | +16.07% |
| 2023-2024 | $574,713 | $5,000 | 2127.961 | $10,640 | +2.50% |
| 2022-2023 | $714,286 | $5,000 | 2076.086 | $10,380 | -11.46% |
| 2021-2022 | $446,429 | $5,000 | 2344.675 | $11,723 | +1.58% |
| 2020-2021 | $434,783 | $5,000 | 2308.127 | $11,541 | -0.14% |
The complete history of permits filed for 503 Lake Avenue, Saint James, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Smithtown so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Smithtown and compare it to other neighborhoods in Suffolk County.
| Total population | 15,018 |
| Median age | 47.4 |
| Average household income | $201,735 |
| Family households | 70.9% |
| Occupied housing units | 5,459 |
| Owner occupied units | 87.4% |
| Average number of people per household | 2.67 |
| Median year structure built | 1974 |
| Median value for units with a mortgage | $755,400 |
| Median value for units without a mortgage | $676,600 |
Create a free account to unlock extended information for 503 Lake Avenue, Saint James, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
Access the detailed traffic volume map for 503 Lake Avenue, Saint James to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 503 Lake Avenue, Saint James.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 265 Grant Ave, Saint James | |||
| 265 Northern Blvd, Saint James | 04/05/1995 | $151,000 | |
| 174 Railroad Ave, Saint James | |||
| 259 Northern Blvd, Saint James | 1,112 | 05/08/2017 | $358,000 |
| 261 1st Ave, Port Jefferson | |||
| 258 Grant Ave, Saint James | 1,586 | 06/26/2020 | |
| 122 5th St, Saint James | 1,835 | 03/05/2026 | $730,000 |
| 153 4th St, Saint James | 1,985 | 12/19/2005 | $480,000 |
| 288 Washington Ave, Saint James | |||
| 255 1st Ave, Saint James | |||
| 257 Northern Blvd, Saint James | 05/09/2022 | $650,000 | |
| 155 4th St, Saint James | 1,393 | 02/19/2014 | $270,000 |
| 258 2nd Ave, Saint James | 996 | 07/15/2020 | $385,000 |
| 400 Lake Ave, Saint James | 02/07/2001 | ||
| 141 4th St, Saint James | 2,706 | ||
| 295 Lake Ave, Saint James | 06/18/2007 | ||
| 499 Lake Ave, Saint James | 05/26/2021 | $450,000 | |
| 161 4th St, Saint James | 660 | 01/24/2025 | $400,000 |
| 248 2nd Ave, Saint James | 11/05/2014 | ||
| 290 Washington Ave, Saint James | 1,075 | 09/05/2023 |