Renovated Storefront
New
For Sale
$1,699,000
514 Route 25A, Rocky Point, NY 11778
An updated commercial space along Route 25A in Rocky Point offers a setting for business operations.
Property Size2,860 SF
Days on Market3
Property Features for 514 Route 25A
General Information
Standard status
Active
Size
2,860 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$20,879
Building Details
Building Size
2,860 SF
Year Built
1970
Stories
2
Listing Agency:
Coldwell Banker American Homes
Listed By:
Randolph A. Saa · License #30SA0994360
(917) 364-5645
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:02AM
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 American Homes
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property in Rocky Point was built in 1970 and has since been renovated. Its commercial space is positioned along Route 25A at 514 Route 25A.
The property has a Walk Score of 48, classified as car-dependent, and a Bike Score of 32, classified as somewhat bikeable.
The property has a Walk Score of 48, classified as car-dependent, and a Bike Score of 32, classified as somewhat bikeable.
Key Highlights
- Renovated commercial storefront
- Built in 1970
- Walk Score of 48; classified as car‑dependent
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,916
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,118,320
$1.1M
Cap Rate 7%
$798,800
$798.8K
Cap Rate 9%
$621,289
$621.3K
Market Conditions
NOI Build-Up for 2,860 SF
Gross rent
$85.8K $30.00/SF
− Vacancy
−$5.9K −$2.07/SF
EGI
$79.9K $27.93/SF
− OpEx
−$24.0K −$8.38/SF
NOI
$55.9K $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%
$1,118,320
Cap Rate 7%
$798,800
Cap Rate 9%
$621,289
Alternative Uses
Best Use
Retail
$798.8K
$699.0K – $931.9K
NOI $55,916 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$871.3K
$762.4K – $1.02M
NOI $60,990 @ 7.0% cap · market cap 3.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
103k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 42%
Home Improvements & Furnishings 6%
Electronics 4%
McDonald's
Dining
20,061 visits/mo
0.1 miles
Starbucks
Dining
15,128 visits/mo
0.4 miles
Citgo
Shops & Services
10,701 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,632 visits/mo
0.4 miles
Chase Bank
Shops & Services
8,686 visits/mo
0.5 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
Frequently Asked Questions
What type of property is this?
Storefront property - An updated commercial space along Route 25A in Rocky Point offers a setting for business operations.
Where is this storefront property located?
The property is located at 514 Route 25A Rocky Point, NY.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Renovated commercial storefront; Built in 1970; Walk Score of 48; classified as car‑dependent
