Recently Renovated Retail/Office
720 Route 25A Rocky Point, NY 11778
720 Route 25A, Rocky Point, NY, 11778
$995,000
For Sale
$995,000
Two renovated store spaces with a basement on one side and extensive parking on a high-traffic road.
Property Size3,774 SF
Price / SF$263.65
Days on Market119
Property Features for 720 Route 25A
General Information
- Standard status
- Active
- Size
- 3,774 SF
- Property subtype
- Commercial
Listing agency
(631) 831-0440
Listed by
Nicole N. Kurt
(631) 831-0440
Source
Elliman
Added: Mar 27 Updated: Jul 22 at 7:17PM Checked: Jul 22 at 7:17PM
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 Nicole N. Kurt
Investment Insights
Based on property information with market context.
This recently renovated building offers two spacious stores side by side, plus a basement on one side. The improvements include renovated bathrooms, a brand new roof, new split units on both sides, new flooring, and freshly painted interiors. The right-side store includes a full basement, with two exterior entrances to the basement.
The property is located on a high-traffic road with additional parking on both sides of the building, supporting retail, office, or mixed-use occupancy.
Both store spaces are configured for straightforward tenant use, with shared exterior parking convenience and updated mechanical, roofing, and interior finishes throughout the building.
The property is located on a high-traffic road with additional parking on both sides of the building, supporting retail, office, or mixed-use occupancy.
Both store spaces are configured for straightforward tenant use, with shared exterior parking convenience and updated mechanical, roofing, and interior finishes throughout the building.
Key Highlights
- Recently renovated two‑store building with 3,774 SF total plus basement space on one side
- Right‑side store includes a full basement with 2 exterior basement entrances
- Brand new roof, new split HVAC units on both sides, new flooring, and freshly painted interiors
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 | $113.2k | $30.00 |
| − Vacancy | −$7.8k | −$2.07 |
| EGI | $105.4k | $27.93 |
| − OpEx | −$31.6k | −$8.38 |
| NOI | $73.8k | $19.55 |
3,774 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.05M
$922.3K – $1.23M
NOI $73,785 @ 7.0% cap · market cap 7.42%
Second Best
Office B
$927.1K
$811.2K – $1.08M
NOI $64,895 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,481 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Two renovated store spaces with a basement on one side and extensive parking on a high-traffic road.
Where is this storefront property located?
The property is located at 720 Route 25A Rocky Point, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Recently renovated two‑store building with 3,774 SF total plus basement space on one side; Right‑side store includes a full basement with 2 exterior basement entrances; Brand new roof, new split HVAC units on both sides, new flooring, and freshly painted interiors
