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

    697 Route 25A Rocky Point, NY 11778

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $749,000

    Two-story corner lot building in Rocky Point business district.

    Lot size:
    0.32 Acres

    Property Features for 697 Route 25A

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.32 Acres

    Building Details

    Year built
    1920

    We can help!

    Listing Contact
    Charbel Cerda-Hidalgo
    Source: Elliman

    Listing Agency: Coldwell Banker M&D Good Life Listing Agent: Charbel Cerda-Hidalgo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Mixed-Use Building in Rocky Point

    This two-story mixed-use building is located on a corner lot within the Rocky Point Business District. The property offers an investment opportunity for business owners. The building has separate meters. The upper level includes a two-bedroom, one-bath apartment with a kitchen, suitable for office or residential use.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Point
    County
    Suffolk
    State
    New York
    Longitude
    -72.917087
    Latitude
    40.948197

    Nearby Similar for Sale

    • $549,000
      0.04 Acres

      Prime Commercial Building in Rocky Point

      1,020 sq ft commercial building in Downtown Rocky Point.
      45 Broadway, Rocky Point, NY 11778
      View Details
    • $385,000
      1,400 SF

      Commercial Building in Rocky Point Hamlet

      Single-story commercial building in historic Rocky Point with parking.
      560 N Country Rd, Rocky Point, NY 11778
      View Details
    • $749,000
      0.32 Acres

      Rocky Point Mixed-Use Investment

      Two-story corner lot in Rocky Point business district.
      697 Route 25A, Rocky Point, NY 11778
      View Details
    • $385,000

      Commercial Building in Rocky Point

      Commercial building in historic Rocky Point hamlet with great parking.
      560 N Country Rd, Rocky Point, NY 11778
      View Details
    • $739,000
      Pending

      Income-Producing Commercial Property For Sale

      Well-maintained commercial property with long-term tenants and high visibility.
      538 Route 25A, Rocky Point, NY 11778
      View Details
    • $1,400,000

      Mixed-Use Property with Parking

      Four-unit mixed-use property with a large parking lot.
      42-46 Broadway, Rocky Point, NY 11778
      View Details
    • $595,000
      Pending

      Newly Renovated Office Ready

      Move-in ready office with new roof and modern amenities.
      632 Route 25A, Rocky Point, NY 11778
      View Details
    • $199,000

      Immaculate One Bedroom Co-Op

      First-floor co-op with private patio and generous storage.
      51 Rocky Point Yaphank Rd, Rocky Point, NY 11778
      View Details
    • $209,000

      Desirable Lower Level Unit

      Lower level unit with new stainless steel appliances and patio.
      81 Rocky Point Yaphank Rd, Rocky Point, NY 11778
      View Details
    • $199,000
      Pending

      Updated Ground Floor Coop Unit

      Spacious, updated 1 bedroom coop with private patio.
      63 Rocky Point Yaphank Rd, Rocky Point, NY 11778
      View Details
    • $185,000

      Ground Floor Unit in Rocky Point

      Ground floor unit near beaches, shopping, and restaurants.
      75 Rocky Point Yaphank Rd, Rocky Point, NY 11778
      View Details
    • $189,000
      Pending

      Updated Co-op with Private Terrace

      Move-in ready, updated 1-bedroom co-op with private terrace.
      73 Rocky Point Yaphank Rd, Rocky Point, NY 11778
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two-story corner lot building in Rocky Point business district.
    Where is this mixed-use property located?
    The property is located at 697 Route 25A Rocky Point, NY.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Corner lot location in the Rocky Point Business District.; - Investment opportunity with potential for business or residential use.; - Two-story building with separate meters.
    (631) 740-7131
    Request Owner's contact information
    697 Route 25A Rocky Point, NY 11778
    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.
    697 Route 25A
    Rocky Point, NY 11778
    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
    697 Route 25A Rocky Point, NY 11778
    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

    We can help!
    Listing Contact
    Charbel Cerda-Hidalgo
    (631) 740-7131
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!