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    The Largest CRE Database in the US with Over 1 Million Listings

    189 Main- Ste A Rd Riverhead, NY 11901

    Sponsored
    For Lease
    $5,500 /Mo ($0.60 SF/Yr)

    COMMERCIAL - Riverhead, NY

    Type:Office
    Property size:
    2,300 SF
    Lot size:
    2.52 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 27 at 7:06 pm

    Property Features for 189 Main- Ste A Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    RLC
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2
    APN
    0600-085-00-02-00-096-006
    Size
    2,300 SF
    Lot size
    2.52 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1986
    Floors in Building
    1
    Number of units
    1

    We can help!

    Listing Contact
    Deirdre Fedun
    Deirdre Fedun

    Fedun Real Estate, INc. (631) 722-5000

    Listing agent Deirdre Fedun

    Listing date Jan 27, 2026

    MLS# L3525224

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Office Space in Riverhead

    This fully renovated 2,300 sq ft office space is available for rent in Riverhead, NY. Located in Naztor Commons on Route 25 Main Road, it offers convenient access to both the North and South Forks and is situated near County Route 105. The property is zoned RLC, allowing for various uses, and is suitable as a professional office or satellite office. The space features approximately 9 private offices, 9' - 10' finished ceilings, central air conditioning, and gas heating. It is fully built out as a standard office with many workstations, 2 private bathrooms, and abundant natural lighting. The property includes an abundance of customer and employee parking. Tenant is responsible for their own utilities including gas heat/hot water, central air, electricity, telephone, cable, internet, and garbage. The space is in pristine condition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.642
    Latitude
    40.953

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    FAQs

    What type of property is this?
    Office space - Fully renovated office space in Riverhead, zoned RLC.
    Where is this office space located?
    The property is located at 189 Main- Ste A Rd Riverhead, NY.
    What is the lease rate?
    The lease rate is $0.60 SF/Yr.
    What are key features of this property?
    This property features: - Fully renovated 2300 sq ft space in pristine condition.; - Prime location on Rte 25, the gateway to both North and South Forks, near County Rte 105.; - RLC zoning offers many potential uses for professional or satellite offices.
    (631) 722-5000
    Request Owner's contact information
    189 Main- Ste A Rd Riverhead, NY 11901
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    Riverhead, NY 11901
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    189 Main- Ste A Rd Riverhead, NY 11901
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    We can help!
    Listing Contact
    Deirdre Fedun
    Deirdre Fedun
    Real Estate License ID: 31FE0444770
    (631) 722-5000
    Learn more
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