Retail Storefront with Rear
464 E Main Street Patchogue Ny, NY 11772
464 E Main Street Patchogue, Ny, NY, 11772
$2,100,000
For Sale
$2,100,000
Retail storefront with a rear loading warehouse, double rear doors, and 12' ceilings plus separate metering.
Property Size7,600 SF
Price / SF$276.32
Days on Market14
Property Features for 464 E Main Street Patchogue
General Information
- Standard status
- Active
- Size
- 7,600 SF
Listing agency
(718) 684-8000
Listed by
Mohammed Amran
(718) 684-8000
Source
Parkassets
Added: Jul 8 Updated: Jul 21 at 7:24AM Checked: Jul 21 at 7:24AM
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 Mohammed Amran
Investment Insights
Based on property information with market context.
This property includes a retail storefront totaling 1,524 SF with a 2,800 SF warehouse located behind the retail space. The back warehouse is accessible via a double door for loading from the rear parking lot, and both levels include 12' ceilings, some office space, and separate meters. The building has gas heat, no basement, and sewers.
Also available is an additional rear warehouse of 3,300 SF, which can be purchased together with or separately from the storefront/warehouse configuration. That rear space features one overhead drive-in door, 18' ceilings, no columns, gas heat and electricity separately metered, and sewers, with no basement.
A small yard is available for parking and unloading. The site totals 16,117 SF and includes total buildings totaling 7,600 SF.
Also available is an additional rear warehouse of 3,300 SF, which can be purchased together with or separately from the storefront/warehouse configuration. That rear space features one overhead drive-in door, 18' ceilings, no columns, gas heat and electricity separately metered, and sewers, with no basement.
A small yard is available for parking and unloading. The site totals 16,117 SF and includes total buildings totaling 7,600 SF.
Key Highlights
- Retail storefront plus rear loading warehouse totaling 7,600 SF on a 16,117 SF lot
- Front retail: 1,524 SF with 12' ceilings, some offices, and separate meters
- Rear warehouse behind retail: 2,800 SF with double rear loading doors, 12' ceilings, gas heat, and separate utilities
Local Financial Insights For Flex RnD
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 | $319.2k | $42.00 |
| − Vacancy | −$31.9k | −$4.20 |
| EGI | $287.3k | $37.80 |
| − OpEx | −$100.5k | −$13.23 |
| NOI | $186.7k | $24.57 |
7,600 SF · lease $42.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Retail
$15.28M
$13.37M – $17.83M
NOI $1,069,506 @ 7.0% cap · market cap 50.93%
Second Best
Flex RnD
$2.67M
$2.33M – $3.11M
NOI $186,732 @ 7.0% cap · market cap 8.89%
Theoretical Best
Specialty Retail
$18.92M
$16.55M – $22.07M
NOI $1,324,224 @ 7.0% cap · market cap 63.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Brigs Sweet Shop — 517 Clayton Rd, New York, NY 10004
- Cc.CATERING House — 406 east 52nd, brooklyn, ny 12203
FAQs
What type of property is this?
Flex space - Retail storefront with a rear loading warehouse, double rear doors, and 12' ceilings plus separate metering.
Where is this flex space located?
The property is located at 464 E Main Street Patchogue Ny, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Retail storefront plus rear loading warehouse totaling 7,600 SF on a 16,117 SF lot; Front retail: 1,524 SF with 12' ceilings, some offices, and separate meters; Rear warehouse behind retail: 2,800 SF with double rear loading doors, 12' ceilings, gas heat, and separate utilities
