250 Main Road, Riverhead, NY 11901
MULTI_FAMILY - Colonial - Riverhead, NY
- Added:
- Feb 4, 2026
- Days on Market:
- 148
- Last Refresh:
- Jul 2 at 9:06 am
Property Features for 250 Main Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 8, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 2, Basement, Bathroom 1, Bedroom 3
- Parking features
- Driveway
- Interior features
- First Floor Full Bath
- Standard status
- Active
- APN
- 0600-085-00-02-00-005-007
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 17022
Utilities
- Sewer type
- Cesspool
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1860
- Number of units
- 3
- Building materials
- Frame
- Architectural style
- Colonial
Listing agent Dana M. Gabriel License #10401270595 (631) 241-6976
Listing office Douglas Elliman Real Estate 2410 N Ocean Ave, Huntington Station, NY (631) 758-2552
Listing date Feb 4, 2026
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.
HighLights
- Colonial‑style duplex built in 1860 with 3,900 SF of living space across two rental units
- 8 bedrooms and 4 bathrooms total, including a first‑floor full bath
- Set on a 1.24‑acre parcel along Main Road in Riverhead
- Includes a driveway and an off‑street parking lot
- Utilities: public water and natural gas heating; sewer via cesspool
- Possible third rental unit noted as unfinished
Overview
The property is positioned along Main Road, providing direct access from the roadway and straightforward visibility and approach for tenants, deliveries, and visitors. The parcel size supports an on-site parking layout designed to serve more than one household.
This offering is well suited for buyers seeking a two-unit residential income property with defined unit counts and room totals, while also retaining the option to evaluate an unfinished third-unit concept. The combination of multiple bedrooms, two bathrooms per overall household distribution, and on-site parking can make the property attractive to tenants who value dedicated off-street convenience and flexible interior layouts.
Local Financial Insights For Multifamily LT 5
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 | $114.7k | $29.40 |
| − Vacancy | −$7.1k | −$1.81 |
| EGI | $107.6k | $27.59 |
| − OpEx | −$32.3k | −$8.28 |
| NOI | $75.3k | $19.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Riverhead
- County
- Suffolk
- State
- New York
- Longitude
- -72.638195
- Latitude
- 40.941684
