Historic Main Street Retail
425 Main St Greenport, NY 11944
For Sale
$979,000
For sale storefront retail shop built in the 1800s in the heart of Historic Greenport.
Property Size1,800 SF
Price / SF$543.89
Days on Market316
Property Features for 425 Main St
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Mixed Use
Listing Agency:
RE/MAX City Square
(516) 209-9627
Listed By:
Laurel O'Mara · License #10401306699
(516) 209-9627
Source:
Xome
Added: Sep 11, 2025
Changed: Jul 23
Last Checked: Jul 23 at 12:37PM
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 RE/MAX City Square
Investment Insights
Based on property information with market context.
This for-sale Main Street retail storefront offers a character-filled setting in a building originally constructed in the 1800s. The property is sized to support a retail tenant seeking an authentic, historic shopfront presence.
Located at 425 Main St in Greenport, the shop benefits from a highly walkable Main Street position within Historic Greenport.
The offering is for the retail shop space only, with a property size of 1,800 square feet.
Located at 425 Main St in Greenport, the shop benefits from a highly walkable Main Street position within Historic Greenport.
The offering is for the retail shop space only, with a property size of 1,800 square feet.
Key Highlights
- Main Street retail storefront shop built in the 1800s
- Located in the heart of Historic Greenport
- Heating: 3
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 | $54.0k | $30.00 |
| − Vacancy | −$3.7k | −$2.07 |
| EGI | $50.3k | $27.93 |
| − OpEx | −$15.1k | −$8.38 |
| NOI | $35.2k | $19.55 |
1,800 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$502.7K
$439.9K – $586.5K
NOI $35,192 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$548.4K
$479.8K – $639.8K
NOI $38,385 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shearer Shop Antiques
Home Decor Store
FAQs
What type of property is this?
Retail space - For sale storefront retail shop built in the 1800s in the heart of Historic Greenport.
Where is this retail space located?
The property is located at 425 Main St Greenport, NY.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Main Street retail storefront shop built in the 1800s; Located in the heart of Historic Greenport; Heating: 3
