Multi-Tenant Retail
For Sale
$699,999
Pending
538 Route 25a, Rocky Point, NY 11778
Five-suite retail property with 17 parking spaces and updated exterior, plus an available remodeled unit for immediate occupancy.
Property Size3,580 SF
Days on Market275
Property Features for 538 Route 25a
General Information
Standard status
Pending
Size
3,580 SF
Property subtype
Mixed Use
Building Details
Year Built
1950
Listing Agency:
MYNY Residential
(631) 219-1471
Listed By:
Gina Marie Bettenhauser
(631) 219-1471
Source:
Xome
Added: Oct 29, 2025
Changed: Jul 10
Last Checked: Jul 30 at 4:14AM
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 MYNY Residential
Investment Insights
Based on property information with market context.
Built in 1963 and well maintained, this retail property offers approximately 3,580 sq. ft. divided into five suites, with four currently in operation and one vacant. The configuration includes separate entries for each suite and rear access across multiple units. The 2021 exterior renovation scope included new windows, siding, and doors. Parking totals 17 spaces across the front, south side, and rear. The rear boundary faces the Pine Barrens, providing privacy and a natural backdrop.
Located at 538 Route 25A in Rocky Point, NY 11778, the property sits in a high-visibility area at the bypass/Route 25A connection. The setting is described as convenient to major retailers, restaurants, and commuter routes. Tenant mix currently includes a liquor store, a computer repair business, and an insurance office, with staggered lease expirations.
Suite 1 is a 1,125 sq. ft. liquor store with storage, a bath, and rear entry, supported by separate HVAC and a dedicated oil tank, with a lease expiring 01/2029. Suites 2 and 3 total 1,159 sq. ft. for computer repair with storage rooms, a bath, and rear entry, with a lease expiring 04/2027. Suite 4 is a 550 sq. ft. insurance office with two offices, a bath, and rear entry, with a lease expiring 04/2026. Suite 5 is a 550 sq. ft. recently remodeled space with two offices, a bath, and rear entry, ready for an owner-occupant or new tenant. Landlord pays oil for Suites 2–5, taxes and water for all suites, and building maintenance, while tenants pay electricity for their individual suites and handle trash removal.
Located at 538 Route 25A in Rocky Point, NY 11778, the property sits in a high-visibility area at the bypass/Route 25A connection. The setting is described as convenient to major retailers, restaurants, and commuter routes. Tenant mix currently includes a liquor store, a computer repair business, and an insurance office, with staggered lease expirations.
Suite 1 is a 1,125 sq. ft. liquor store with storage, a bath, and rear entry, supported by separate HVAC and a dedicated oil tank, with a lease expiring 01/2029. Suites 2 and 3 total 1,159 sq. ft. for computer repair with storage rooms, a bath, and rear entry, with a lease expiring 04/2027. Suite 4 is a 550 sq. ft. insurance office with two offices, a bath, and rear entry, with a lease expiring 04/2026. Suite 5 is a 550 sq. ft. recently remodeled space with two offices, a bath, and rear entry, ready for an owner-occupant or new tenant. Landlord pays oil for Suites 2–5, taxes and water for all suites, and building maintenance, while tenants pay electricity for their individual suites and handle trash removal.
Key Highlights
- 5‑suite commercial building totaling 3,580 sq. ft. (4 active suites, 1 vacant/recently remodeled suite).
- 17 total parking spaces located at the front, south side, and rear of the property.
- Exterior upgrades in 2021, including new windows, siding, and doors.
Financial Insights For Office B
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 | $100.1k | $27.96 |
| − Vacancy | −$18.0k | −$5.03 |
| EGI | $82.1k | $22.93 |
| − OpEx | −$20.5k | −$5.73 |
| NOI | $61.6k | $17.20 |
3,580 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$999.9K
$874.9K – $1.17M
NOI $69,993 @ 7.0% cap · market cap 10.00%
Second Best
Office B
$879.4K
$769.5K – $1.03M
NOI $61,560 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$1.09M
$954.3K – $1.27M
NOI $76,344 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Five-suite retail property with 17 parking spaces and updated exterior, plus an available remodeled unit for immediate occupancy.
Where is this storefront property located?
The property is located at 538 Route 25a Rocky Point, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 5‑suite commercial building totaling 3,580 sq. ft. (4 active suites, 1 vacant/recently remodeled suite).; 17 total parking spaces located at the front, south side, and rear of the property.; Exterior upgrades in 2021, including new windows, siding, and doors.
