Property profile

200 Main St Greenport, NY 11944

FOR LEASE
Investment properties
Property ID
US63-3408437
0.18 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,900-square-foot retail property is situated in the vibrant heart of Greenport Village, New York, offering unparalleled visibility and high foot traffic. Located at 200 Main Street, this iconic building presents a remarkable opportunity for a variety of commercial ventures. The spacious interior is ideal for a gallery, retail store, showroom, or professional offices, providing ample room for displays, operations, and client interaction. The property boasts excellent storage space, exceeding typical offerings in this area. Adding to its practicality, the building includes two attached garages, providing secure parking and storage solutions, along with three additional parking spots located at the rear of the property. This prime commercial space is priced at $3,400,000 and represents a significant investment in a thriving Long Island community. The property's location on Main Street ensures maximum exposure to the bustling village activity, making it an exceptional opportunity for businesses seeking a high-profile presence. The combination of size, location, and included parking makes this a truly unique offering in the Greenport market. Don't miss this chance to secure a prominent commercial space in one of Long Island's most desirable villages.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.18 ac (7,841 SF)
APN 1001-004.00-10.00-016.000
UPID US63-3408437

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Art Gallery
  • Auto Repair Shop

Location

200 Main St Greenport, NY 11944
Greenport metro Census 170101 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.52M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.35M

Owner & transaction history

since 2022
Last sale
$2.5M
2 recorded transactions
2022
$2.5M
2015
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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