Greenport Commercial Property on
For Sale
$1,225,000
69465 Main Road, Greenport, NY 11944
Highly visible commercial building with business opportunities in Greenport.
Property Size6,000 SF
Lot Size0.33 Acres
Price / SF$204.17
Days on Market512
Property Features for 69465 Main Road
General Information
Standard status
Active
Size
6,000 SF
Lot size
0.33 Acres
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$11,138
Building Details
Building Size
6,000 SF
Listing Agency:
Brown Harris Stevens Hamptons
Listed By:
John P. Vitello
(631) 204-2407
Source:
Elkinteam
Added: May 12, 2025
Changed: Sep 22
Last Checked: Oct 4 at 5:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Harris Stevens Hamptons
Investment Insights
Based on property information with market context.
This commercial property is located on Main Road in Greenport. The building has approximately 6,000 square feet of space and is situated on 0.33 acres. The property's location benefits from traffic to and from nearby Greenport Village. It offers a variety of potential business opportunities, including retail, service, restaurant, and professional offices. The zoning is LB.
Key Highlights
- Highly visible commercial property on Main Road.
- Spacious +/- 6000 sf building on .33 acres.
- Located in Greenport, near Greenport Village.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,095
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,181,900
$2.2M
Cap Rate 7%
$1,558,500
$1.6M
Cap Rate 9%
$1,212,167
$1.2M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$156.2K $26.04/SF
− Vacancy
−$10.8K −$1.80/SF
EGI
$145.5K $24.24/SF
− OpEx
−$36.4K −$6.06/SF
NOI
$109.1K $18.18/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,181,900
Cap Rate 7%
$1,558,500
Cap Rate 9%
$1,212,167
Alternative Uses
Best Use
Retail
$1.68M
$1.47M – $1.96M
NOI $117,306 @ 7.0% cap · market cap 9.58%
Second Best
Specialty Retail
$1.56M
$1.36M – $1.82M
NOI $109,095 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,951 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 11944, NY
4,801
Population
3,106
Households
1.5
Avg Household Size
48
Median Age
43%
College-Educated
86%
High-School Grad
4.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$79,917
Median Household Income
$51,480
Median Earnings
$2,048
Median Rent
$822,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail property - Highly visible commercial building with business opportunities in Greenport.
Where is this retail property located?
The property is located at 69465 Main Road Greenport, NY.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Highly visible commercial property on Main Road.; Spacious +/- 6000 sf building on .33 acres.; Located in Greenport, near Greenport Village.
