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Storefront Property with Basement
For Sale
$549,000

45 Broadway, Rocky Point, NY 11778

A partial basement with access from inside and outside adds functional space to this downtown commercial property.

Property Size1,020 SF
Price / SF$538.24
Days on Market314

Property Features for 45 Broadway

General Information

Standard status Active
Size 1,020 SF
Property subtype Commercial
Zoning J6

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $11,646

Building Details

Building Size 1,020 SF
Year Built 1949
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Elite Residential Brokerage
Listed By: Leonard Saburro CRS E-PRO RENE SFR
Source: Croninreale
Added: Dec 16, 2025 Changed: Oct 25 Last Checked: Oct 26 at 4:06AM

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 Elite Residential Brokerage

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Investment Insights

Based on property information with market context.

This 1,020-square-foot storefront property at 45 Broadway includes a partial basement with both interior and exterior access. The building dates to 1949 and is zoned J6. It is located in downtown Rocky Point, New York.

Key Highlights

  • 1,020‑square‑foot commercial building
  • Partial basement with interior and exterior access
  • Zoned J6

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,942
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,840 $398.8K
Cap Rate 7%
$284,886 $284.9K
Cap Rate 9%
$221,578 $221.6K
Market Conditions
NOI Build-Up for 1,020 SF
Gross rent
$30.6K $30.00/SF
− Vacancy
−$2.1K −$2.07/SF
EGI
$28.5K $27.93/SF
− OpEx
−$8.5K −$8.38/SF
NOI
$19.9K $19.55/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,840
Cap Rate 7%
$284,886
Cap Rate 9%
$221,578

Alternative Uses

Best Use
Retail
$284.9K
$249.3K – $332.4K (±1% cap)
NOI $19,942 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$310.7K
$271.9K – $362.5K (±1% cap)
NOI $21,752 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Belladonna Hair Design Hair Salon

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Big Box & Wholesale Store Parking Lot & Garage

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
10,701 visits/mo 0.3 miles
7-Eleven Shops & Services
9,191 visits/mo 0.5 miles
Teachers Federal Credit Union (TFCU) Shops & Services
3,647 visits/mo 0.3 miles
Mavis Discount Tire Shops & Services
2,272 visits/mo 0.2 miles
Enterprise Rent-A-Car Shops & Services
929 visits/mo 0.4 miles

Demographics for 11778, NY

12,449
Population
5,028
Households
2.5
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
1,858
Density / Sq Mi
$119,656
Median Household Income
$65,379
Median Earnings
$1,948
Median Rent
$410,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - A partial basement with access from inside and outside adds functional space to this downtown commercial property.
Where is this storefront property located?
The property is located at 45 Broadway Rocky Point, NY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1,020‑square‑foot commercial building; Partial basement with interior and exterior access; Zoned J6
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Includes: Price & PSF · Cap rate · Location · Zoning

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