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    Riverhead Office Building For Sale Title is generated by Realmo AI

    211 Roanoke Ave, Riverhead, NY 11901

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    For Sale
    $650,000

    Two-story office building in downtown Riverhead with parking.

    Type:Commercial
    Property size:
    2,437 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $266/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 7:53 pm

    Property Features for 211 Roanoke Ave

    General Information

    Standard status
    Active
    Size
    2,437 SF
    Lot size
    0.14 Acres
    Property subtype
    Commercial

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    Listing Contact
    Isaac D. Israel
    Isaac D. Israel

    Listing agent Isaac D. Israel License #30IS0938988

    Listing office Richmond Realty Corp

    Listing date Apr 24, 2026

    Source Elliman

    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 Richmond Realty Corp

    HighLights

    • Prime Riverhead real estate location.
    • Zoned Downtown Center (DC‑3) allowing for many uses.
    • 8 private parking spaces plus on‑street and municipal parking.
    • Two‑story building with 1,419 SF on the first floor and 1,018 SF on the second floor.
    • Close proximity to Main Street in downtown Riverhead.
    • Public sewer and water, natural gas, and 2 electric meters.

    Overview

    This two-story office building features 1,419 square feet on the first floor and 1,018 square feet on the second floor. The property is situated on 0.14 acres in Riverhead, New York, and is located in close proximity to Main Street in downtown Riverhead. The building includes eight private parking spaces, with additional on-street and municipal parking available across the street. It is serviced by public sewer and water, natural gas, and has two electric meters. The property is zoned as Downtown Center (DC-3), allowing for a variety of uses.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $68.1k $27.96
    − Vacancy −$12.3k −$5.03
    EGI $55.9k $22.93
    − OpEx −$14.0k −$5.73
    NOI $41.9k $17.20
    2,437 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $598.6K
    $523.8K – $698.4K (±1% cap)
    NOI $41,905 @ 7.0% cap · market cap 6.45%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $742.4K
    $649.6K – $866.2K (±1% cap)
    NOI $51,970 @ 7.0% cap · market cap 8.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Tellus Abstract Inc. Title Company L Pomera Title ... Title Company Michael F Maloney ... Title Company Suffolk Recording Services ... Insurance Agency Ferretti Robert CPA Tax Preparation

    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
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.662835
    Latitude
    40.9182265

    FAQs

    What type of property is this?
    Office building - Two-story office building in downtown Riverhead with parking.
    Where is this office building located?
    The property is located at 211 Roanoke Ave Riverhead, NY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Prime Riverhead real estate location.; Zoned Downtown Center (DC‑3) allowing for many uses.; **8 private parking spaces** plus on‑street and municipal parking.
    More about this property
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