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Ground-Floor Retail Space
For Lease
$1,800/Mo

423 1st Street, Greenport, NY 11944

Compact commercial suite with durable flooring, a half bath, and flexible retail or office use.

Property Size650 SF
Days on Market55

Property Features for 423 1st Street

General Information

Standard status Active
Size 650 SF
Net Rentable 650 SF
Property subtype Retail

Space & Availability

Available Space 650 SF
Contiguous Space 650 SF
Floor Ground Floor
Space Use Office

Taxes and HOA fees

Annual Taxes $31,843

Amenities

Luxury Vinyl Flooring
1/2 Bath

Building Details

Building Size 650 SF
Listing Agency: Douglas Elliman Real Estate
Listed By: Paul Loeb CBR · License #1011035
Source: Elkinteam
Added: Jun 9 Changed: Aug 2 Last Checked: Aug 2 at 6:15AM

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 Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This ground-floor commercial suite offers 650 square feet configured for retail or office occupancy. Commercial-grade luxury vinyl flooring and a half bath are existing improvements, providing a straightforward setup for a small business or professional operation.

The property is located at 423 1st Street in Greenport, NY 11944. Its ground-level position and stated visibility support customer-facing commercial use.

Key Highlights

  • 650 square feet of ground‑floor retail or office space
  • Commercial‑grade luxury vinyl flooring
  • Half bath included

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nail Salon Auto Parts Store Dental Office Garden Center Hair Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby

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

Market

Lease Benchmarks for Greenport, NY

$26.67 /SF/Yr
Avg Asking Price
$15.38–$35.08 /SF/Yr
Price Range
2,116 SF
Avg Space Size

This space is priced 25% above the average of $26.67 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Compact commercial suite with durable flooring, a half bath, and flexible retail or office use.
Where is this retail space located?
The property is located at 423 1st Street Greenport, NY.
What is the lease rate?
The lease rate is $1,800 /Mo.
What are key features of this property?
This property features: 650 square feet of ground‑floor retail or office space; Commercial‑grade luxury vinyl flooring; Half bath included
More about this property
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