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Retail Building on Main Street

25 MAIN ST East Rockaway, NY 11518

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Retail building with multiple tenants on month-to-month leases.

Type:Retail
Property size:
5,542 SF
Price / SF:
$360/SF
Added:
May 14, 2026
Days on Market:
60
Last Refresh:
Jun 25 at 10:47 pm

Property Features for 25 MAIN ST

General Information

Standard status
Active
Size
5,542 SF
Property subtype
Retail

Building Details

Year Built
1986

Listing office American Investment Properties

Listing date May 14, 2026

Source Crexi

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 American Investment Properties


Investment Insights

Based on property information with market context.

The property at 25 Main St, East Rockaway is a retail building featuring multiple tenants operating under month-to-month leases. The building offers wide frontage on Main Street and is situated in close proximity to various neighborhood amenities. The property size is 5542 square feet.

Key Highlights

  • Wide frontage on Main St
  • Retail building
  • Located close to neighborhood amenities

Local Financial Insights For Retail

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 $166.3k $30.00
− Vacancy −$9.5k −$1.71
EGI $156.8k $28.29
− OpEx −$47.0k −$8.49
NOI $109.7k $19.80
5,542 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,748 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.66M
$3.21M – $4.27M (±1% cap)
NOI $256,498 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Edwin C. Gerrity ... Insurance Agency Karol Bolts & Fasteners ... Building Supply

Suggested Use

Law Firm Real Estate Agency Hair Salon Spa & Massage Center Restaurant Barber Shop Pharmacy (Bike/Boat/Book/etc) Store Daycare Center Grocery & Convenience Store

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

FAQs

What type of property is this?
Retail space - Retail building with multiple tenants on month-to-month leases.
Where is this retail space located?
The property is located at 25 MAIN ST East Rockaway, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Wide frontage on Main St; Retail building; Located close to neighborhood amenities
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