Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3225 Sound Avenue Riverhead, NY 11901

    View on Map
    For Lease
    $5,000 /Mo

    COMMERCIAL - Riverhead, NY

    Lot size:
    1.75 Acres
    Added:
    Aug 18, 2025
    Days on Market:
    227
    Last Refresh:
    Apr 1 at 6:06 pm

    Property Features for 3225 Sound Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    COMMERCIAL
    Standard status
    Active
    APN
    0600-042-00-01-00-005-001
    Lot size
    1.75 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    57395

    Utilities

    Utilities
    Phone Available
    Sewer type
    Cesspool
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1921
    Floors in Building
    1
    Flooring type
    Tile - Ceramic
    Building materials
    Clapboard

    We can help!

    Listing Contact
    Gina A. Galante

    Listing agent Gina A. Galante

    Listing office Realty Connect USA L I Inc 35 Arkay Dr Ste 300, Hauppauge, NY

    Listing date Aug 18, 2025

    MLS# 902534

    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.

    Overview

    Riverhead Commercial Building For Lease

    This 2,960 square foot, one-story commercial building is available for lease. It is situated within a busy mixed-use complex on 1.75 acres. The property is located on high-traffic Sound Avenue in the heart of wine country, surrounded by vineyards and agritourism. Existing tenants include a restaurant, bar, and retail spaces. The building features two bathrooms and can be divided into two separate spaces. Ample parking is available. The lease is a Triple Net lease. The property is ideal for retail, office, or professional use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lucky Star Electric ... Electronics & Wireless Store Sound Avenue Bistro Restaurant

    Suggested Use

    Dental Office Big Box & Wholesale Store Auto Repair Shop Food Market Grocery & Convenience Store Bar & Pub Garden Center Electronics & Wireless Store Daycare Center Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.7086867
    Latitude
    40.9651958

    Nearby Similar for Lease

    • Contact for pricing

      Riverhead Warehouse with Office Space

      Heated warehouse with office, convenient access to North and South Forks.
      1015 E Main Street unit: 3 & 4, Riverhead, NY 11901
      View Details
    • Contact for pricing

      Downtown Riverhead Office/Storefront For Rent

      723 sq ft office/storefront in downtown Riverhead, NY.
      131 Roanoke Avenue, Riverhead, NY 11901
      View Details
    • Contact for pricing

      Riverhead Commercial Space For Lease

      2,960 SF commercial building in busy mixed-use complex.
      3225 Sound Avenue, Riverhead, NY 11901
      View Details
    • Contact for pricing

      Downtown Riverhead Commercial Space Available

      Prime 800 sq ft commercial space in vibrant downtown Riverhead.
      331 E Main Street, Riverhead, NY 11901
      View Details
    • Contact for pricing

      Riverhead Office Space For Lease

      1,506 SF office space in busy shopping center.
      180 Old Country Rd, Riverhead, NY 11901
      View Details
    • $22/mo

      Riverhead Retail Space Available

      Former 'Big Lots' box in a fully occupied shopping center.
      1087-1101 Old Country Rd, Riverhead, NY
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Fully renovated office space in Riverhead, ideal for professional use.
      189 Main- Suite A Road, Riverhead, NY 11901
      View Details
    • Contact for pricing

      Riverhead Plaza Retail Space

      2,970 SF retail space in Riverhead Plaza available for lease.
      655 Old Country Rd, Riverhead, NY
      View Details
    • Contact for pricing

      Retail Space in Riverhead Hub

      Retail space in Riverhead's central retail hub for lease.
      1088-1106 Old Country Rd, Riverhead, NY
      View Details
    • Contact for pricing

      Retail Space Near High-Traffic Areas

      Retail space in a rapidly growing marketplace on eastern Long Island.
      565 Old Country Rd, Riverhead, NY
      View Details
    • Contact for pricing

      Retail Space in Riverhead Plaza

      Retail space available in community shopping center with ample parking.
      675 Old Country Rd, Riverhead, NY
      View Details
    • Contact for pricing

      Retail Space in Riverhead Plaza

      Retail space available in a community shopping center.
      700-800 Old Country Rd, Riverhead, NY
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,960 SF commercial building in busy mixed-use complex.
    Where is this retail space located?
    The property is located at 3225 Sound Avenue Riverhead, NY.
    What is the lease rate?
    The lease rate is $5,000 /Mo.
    What are key features of this property?
    This property features: High‑traffic location on Sound Ave in the heart of wine country, surrounded by vineyards and agritourism.; Located in a busy mixed‑use complex with existing restaurant, bar, and retail tenants.; **2,960 SF 1‑story commercial building divisible into 2 spaces.**
    (631) 767-1237
    We can help!
    Listing Contact
    Gina A. Galante
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!