12 Broadway Rocky Point, NY 11778-9402
This exceptional investment opportunity presents two retail buildings totaling 1,200 square feet, strategically located at 12-14 Broadway in the heart of Rocky Point, New York. Building #12, a vacant 774-square-foot space, offers immense potential for a variety of retail uses. Its prime location ensures high visibility and attracts significant foot traffic. Building #14, currently leased to a hair salon at $1,500 per month plus utilities, provides immediate cash flow with a lease expiring August 31, 2024. The tenant has expressed interest in renewing the lease. The combined properties boast 37 feet of frontage on Broadway, a highly trafficked area with over 19,000 cars passing daily. Ample street parking is readily available. Situated in a vibrant commercial district surrounded by popular local businesses, this location offers easy access to major roadways including Route 347 and 25A, and the North Fork. This is a rare opportunity to acquire a well-positioned retail portfolio in a thriving Suffolk County community. The asking price for this end-user opportunity is $319,000.
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Brawn Inc Association Or Organization Restaurant
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Salon Genesis Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.