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71-83 E Main St 14,990 SF 55% Leased Office Building Riverhead, NY 11901 $3,000,000 ($200.13/SF)
Investment Highlights
- The property sits on a 0.21-acre parcel and comprises +/- 14,990 SF of space.?
- The property also benefits from municipal parking at both the front and rear.?
- ?The property has ground floor retail with second floor office space that can be converted to residential.?
- ?Located along Riverhead’s primary commercial corridor, the Subject Property is surrounded by shopping, dining, schools, and more.?
Executive Summary
Marcus & Millichap is proud to present for sale 71 E Main Street ("Subject property"), a mixed-use property located in Riverhead, NY.
The subject property rests on a 0.07-acre parcel with approximately +/- 14,990 square feet of space with ground floor retail space and second floor office space.
Strategically located within Riverhead’s walkable downtown, the Subject Property benefits from steady year-round foot traffic and immediate access to a diverse mix of local retailers, restaurants, service providers, and civic uses. The corridor is further energized by major visitor attractions such as the Long Island Aquarium, which draws hundreds of thousands of guests annually and reinforces Main Street as a true regional destination.
The area itself is experiencing notable reinvestment, with several new mixed-use and hospitality developments underway, adding residential density, activating the streetscape, and strengthening the long-term fundamentals of the district. This combination of daily-needs retail, tourism-driven activity, and ongoing public and private investment underscores the enduring stability and appeal of the location.
The subject property rests on a 0.07-acre parcel with approximately +/- 14,990 square feet of space with ground floor retail space and second floor office space.
Strategically located within Riverhead’s walkable downtown, the Subject Property benefits from steady year-round foot traffic and immediate access to a diverse mix of local retailers, restaurants, service providers, and civic uses. The corridor is further energized by major visitor attractions such as the Long Island Aquarium, which draws hundreds of thousands of guests annually and reinforces Main Street as a true regional destination.
The area itself is experiencing notable reinvestment, with several new mixed-use and hospitality developments underway, adding residential density, activating the streetscape, and strengthening the long-term fundamentals of the district. This combination of daily-needs retail, tourism-driven activity, and ongoing public and private investment underscores the enduring stability and appeal of the location.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
14,990 SF
Building Class
C
Year Built
1950
Price
$3,000,000
Price Per SF
$200.13
Percent Leased
55%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,495 SF
Slab To Slab
12’
Building FAR
1.64
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
DC-1 - Downtown Center
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Second Story Professional Office Space for Lease
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 73 | 6,400 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 73
| Size |
| 6,400 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 73
| Size | 6,400 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Second Story Professional Office Space for Lease
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0600-128-00-06-00-077-000 | Improvements Assessment | $75,600 |
| Land Assessment | $45,000 | Total Assessment | $120,600 |
Property Taxes
Parcel Number
0600-128-00-06-00-077-000
Land Assessment
$45,000
Improvements Assessment
$75,600
Total Assessment
$120,600
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71-83 E Main St
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