538 Route 25A, Rocky Point, NY, 11778 | $739,000
Built in 1963, this well-maintained commercial property offers over 3580 sq. ft. of versatile space divided into five suites (currently configured as four). A rare opportunity to own a stable, income-producing property with long-term tenants, strong visibility, and a proven rental history in a high-traffic area. Property Overview - Total Area: 3, 580 sq. ft. Configuration: 5 suites (4 active, 1 vacant). Parking: 17 total spaces (front, south side, and rear). Exterior Renovations (2021): new windows, siding, and doors. Rear Boundary: Faces the scenic Pine Barrens for added privacy and a natural backdrop. Location: High-visibility area where the bypass meets Route 25A, close to major retailers, restaurants, and commuter routes. Current Tenancies -"Suite 1" – Liquor Store: 1, 125 sq. ft. with storage, bath, and rear entry. Separate HVAC and dedicated oil tank. Lease expires 01/2029. "Suites 2 & 3" – Computer Repair: 1, 159 sq. ft. with storage rooms, bath, and rear entry. Lease expires 04/2027. "Suite 4" – Insurance Office: 550 sq. ft. with 2 offices, bath, and rear entry. Lease expires 04/2026. Suites 2-5 share oil tank. "Suite 5" – Vacant / Recently Remodeled: 550 sq. ft. featuring 2 offices, bath, and rear entry. Move-in ready for an owner-occupant or new tenant. Financial & Utility Details - Landlord currently Pays: Oil for Suites 2–5, Taxes and water for all suites. All building maintenance. Tenants Pay: Electricity for their individual suites. Trash removal (not provided by landlord) . Heating: Suite 1 has a separate HVAC and oil tank. Highlights for Landlords & Investors: Long-term tenants with staggered lease expirations. One recently renovated, vacant suite for an owner-user or immediate lease-up. Low-maintenance exterior with major updates completed in 2021. Strong traffic counts and excellent exposure at the Route 25A bypass. Ideal 1031 Exchange or portfolio addition.
Features
- Property Type: Mixed Use
- Construction: Stone, Vinyl Siding
- Utilities: Electricity Connected, Water Connected
- Heating: Heat Pump, Oil, See Remarks
- Cooling: Ductless, Wall/Window Unit(s)
- Year Built: 1950
- Acreage: 0.27
- Est. Taxes: $19,456
- MLS#: 930808
- Days on Market: 45 days
- Website: https://www.raveis.com
/prop/930808/538route25a_rockypoint_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
538 Route 25A, Rocky Point, NY, 11778
$739,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $591,200 | $591,200 | $591,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.557% | 5.990% |
| Monthly Tax Payment | $1,621 | $1,621 | $1,621 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,545 | $3,688 | $4,870 |
| Total Monthly Payment | $5,258 | $5,401 | $6,583 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535