Turnkey Retail
512 Main Street Sylvan Beach, NY 13157
512 Main Street, Sylvan Beach, NY, 13157
Contact for pricing
For Sale
Contact for pricing
Retail storefront building updated in the past eight years with new electric, HVAC, roof, and interior improvements.
Property Size1,461 SF
Price / SF$171.12
Days on Market110
Property Features for 512 Main Street
General Information
- Standard status
- Active
- Size
- 1,461 SF
- Property subtype
- Retail
Listing agency
Coldwell Banker Prime Properties Sylvan Beach
Listed by
Kimberlie K. Stoffle · License #NY
Source
Crexi
Added: Apr 4 Updated: Jul 22 at 2:42AM Checked: Jul 22 at 2:42AM
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 Coldwell Banker Prime Properties Sylvan Beach
Investment Insights
Based on property information with market context.
This retail storefront is offered for sale with extensive updates completed within the last eight years. Improvements include new electric, heating and air conditioning, a new roof, and a total interior update covering walls, shelving, flooring, and dressing rooms. The current setup supports an owner-operator style use, with the added option for the current tenant to sell the business and stock to an interested buyer.
The property is located on Main Street in the village of Sylvan Beach, with the sandy beach described as just steps away.
The space is configured with dedicated dressing rooms and built-in shelving, reflecting a retail-ready layout that can support continued operations under a new owner.
The property is located on Main Street in the village of Sylvan Beach, with the sandy beach described as just steps away.
The space is configured with dedicated dressing rooms and built-in shelving, reflecting a retail-ready layout that can support continued operations under a new owner.
Key Highlights
- Retail storefront building updated within the last 8 years
- Improvements include new electric, new heat and air conditioning (HVAC), and a new roof
- Total interior update with new walls, shelves, flooring, and dressing rooms
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 | $21.9k | $15.00 |
| − Vacancy | −$920 | −$0.63 |
| EGI | $21.0k | $14.37 |
| − OpEx | −$6.3k | −$4.31 |
| NOI | $14.7k | $10.06 |
1,461 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$209.9K
$183.7K – $244.9K
NOI $14,696 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$385.0K
$336.9K – $449.2K
NOI $26,950 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Beachcomber- The Beach is ...
Beach Clothing Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Retail storefront building updated in the past eight years with new electric, HVAC, roof, and interior improvements.
Where is this storefront property located?
The property is located at 512 Main Street Sylvan Beach, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Retail storefront building updated within the last 8 years; Improvements include new electric, new heat and air conditioning (HVAC), and a new roof; Total interior update with new walls, shelves, flooring, and dressing rooms
