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Urban-High Street

61 E Main St, Riverhead, NY

61 E Main St, Riverhead, Riverhead, NY 11901

Listing Price: $975,000

Cap Rate
4.90%
Rentable SF
2,025
Lot Size
0.06 acres
Year Built
1960

Investment Overview

Marcus?&?Millichap is pleased to present the opportunity to acquire 61?E?Main?Street (the “Subject?Property”), a retail asset located in the heart of Downtown?Riverhead,?NY.

The property sits on a 0.06-acre parcel and comprises +/- 2,025?SF of space. It is 100%?occupied by Giacalone?Insurance, a long-standing tenant that has operated at this location since 2006, underscoring the property’s stability and enduring appeal. The tenant is responsible for CAM, utilities, trash?removal, and repairs?&?maintenance. The property also benefits from municipal parking at both the front and rear.

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.

Investment Highlights

  • The property sits on a 0.09-acre parcel and comprises +/- 2,025?SF of space.
  • It is 100%?occupied by Giacalone? Insurance, a long-standing tenant that has operated at this location since 2006.
  • The tenant is responsible for CAM, utilities, trash?removal, and repairs? &? maintenance.
  • The property also benefits from municipal parking at both the front and rear.

Exclusively Listed By

  • Mike Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Mike

    License(s): NY: 10301217094, NY: 10491208938

    New York City

Urban-High Street

61 E Main St, Riverhead, NY

Listing Price: $975,000

Cap Rate
4.90%
Rentable SF
2,025
Lot Size
0.06 acres
Year Built
1960

Investment Highlights

  • The property sits on a 0.09-acre parcel and comprises +/- 2,025?SF of space.
  • It is 100%?occupied by Giacalone? Insurance, a long-standing tenant that has operated at this location since 2006.
  • The tenant is responsible for CAM, utilities, trash?removal, and repairs? &? maintenance.
  • The property also benefits from municipal parking at both the front and rear.

Investment Overview

Marcus?&?Millichap is pleased to present the opportunity to acquire 61?E?Main?Street (the “Subject?Property”), a retail asset located in the heart of Downtown?Riverhead,?NY. The property sits on a 0.06-acre parcel and comprises +/- 2,025?SF of space. It is 100%?occupied by Giacalone?Insurance, a long-standing tenant that has operated at this location since 2006, underscoring the property’s stability and enduring appeal. The tenant is responsible for CAM, utilities, trash?removal, and repairs?&?maintenance. The property also benefits from municipal parking at both the front and rear. 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.

Exclusively Listed By

  • Mike Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Mike

    License(s): NY: 10301217094, NY: 10491208938

    New York City

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