50 E MAIN ST, Riverhead, NY 11901
Vacant retail property with direct access to municipal parking behind the building in a walkable downtown core.
- Added:
- Jun 9, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 20 at 2:27 am
Property Features for 50 E MAIN ST
General Information
- Standard status
- Active
- Size
- 3,340 SF
- Lot size
- 0.09 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing agent Michael Tuccillo License #NY 10401244358
Listing office Marcus & Millichap - Manhattan (212) 430-5196
Listing date Jun 9, 2026
Source Crexi
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HighLights
- Vacant retail property on a 0.09‑acre parcel
- Approximately +/-3,340 SF building area
- Year built: 1960
- Direct access to municipal parking immediately behind the building
Overview
A key operational convenience is the direct access to municipal parking located immediately behind the building. This setup supports parking efficiency for customers and employees while fitting into a walkable downtown core.
With the space currently available, tenants and buyers have flexibility to evaluate the floor plan for retail use and tailor the interior to their concept, merchandising needs, or brand requirements. The proximity to behind-the-building municipal parking can also help reduce friction for patron access, which is often critical for storefront retail in downtown settings.
Local 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 | $100.2k | $30.00 |
| − Vacancy | −$6.9k | −$2.07 |
| EGI | $93.3k | $27.93 |
| − OpEx | −$28.0k | −$8.38 |
| NOI | $65.3k | $19.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Riverhead
- County
- Suffolk
- State
- New York
- Longitude
- -72.6613651
- Latitude
- 40.9175069
