Largest Retail Property Sales on Long Island – Q3 2025

Exterior of 54 Montauk Hwy, Southampton, NY

1. Freestanding Retail Building in Southampton, NY
Address: 54 Montauk Hwy, Southampton, NY 11968
Sale Date: July 31, 2025
Sale Price: $10,850,000
PSF: $556

Long Island Resource Corp sold this freestanding retail building in Southampton, NY to NYU Langone Health. The building was reportedly vacant at the time of sale and NYU Langone has plans to convert the retail building into a medical office.

This building consists of 19,500 square-feet and is one story tall. It is considered to be a class B building and it was built in 2001. This property has a wide frontage on Montauk Hwy of 149 ft with one curb cut. There are also 122 on-site parking spaces and the building is located on 2.91 acres of land.

This property is located South of POW/MIA Memorial Hwy and is located close to the village of Southampton which has several retail and office spaces.

2. Storefront Retail & Residential Building in Sag Harbor, NY
Address: 117 Main St, Sag Harbor, NY 11963
Sale Date: September 17, 2025
Sale Price: $5,900,000
Price/SF: $1,475

Jacks Coffee 117 Main LLC sold this mixed-use building in Sag Harbor, NY to an undisclosed buyer.

The building consists of 3,998 square-feet, is four stories tall, and was built in 1925. There is 33 ft of frontage on Main St.

This property is located in the heart of Sag Harbor surrounded by various other retail spaces. There is also a bus stop located within walking distance to the property at Main St/Washington St.

Exterior of 117 Main St, Sag Harbor, NY

3. Freestanding Retail Building in Lawrence, NY
Address: 369 Rockaway Tpke, Lawrence, NY 11559
Sale Date: July 27, 2025
Sale Price: $5,250,000
Price/SF: $1,545

369 Rockaway Turnpike LLC sold this freestanding retail building in Lawrence, NY to 369 Rockaway Holdings LLC. The property was reportedly fully-occupied at the time of sale and traded at a 6% cap rate.

This building consists of 3,398 square-feet, is one story tall, and was built in 2008. There are on-site parking spaces available and the building sits on 0.31 acres of land.Rockaway Tpke receives high daily traffic counts of 62,942 cars per day. This property is located across Peninsula Blvd from a major shopping center with several national credit retail tenants.

Exterior of 369 Rockaway Tpke, Lawrence, NY

4. Freestanding Retail in East Hampton, NY
Address: 30 Park Pl, East Hampton, NY 11937
Sale Date: September 17, 2025
Sale Price: $5,100,000
Price/SF: $1,645

30 Park Place Ehv LLC sold this freestanding retail building in East Hampton, NY to an undisclosed buyer.

This building consists of 3,100 square-feet, is two stories tall, and was built in 1970. The ceiling height is 11 ft and the building has 35 ft of frontage on Park Pl. There are 15 surface parking spaces available on-site.

This property is located in the heart of Main St in East Hampton and it is also located within walking distance to the East Hampton train station.

Exterior of 30 Park Pl, East Hampton, NY

5. Restaurant in Sag Harbor, NY
Address: 6 Bay St, Sag Harbor, NY 11963
Sale Date: September 15, 2025
Sale Price: $4,287,241
Price/SF: $3,221

Bay Partners LLC sold this restaurant in Sag Harbor, NY to an undisclosed buyer.

This building consists of 1,331 square-feet, is one story tall, and was built in 1920. There is 37 ft of frontage on Bay St and there are 4 on-site parking spaces.

This property is located close to the Sag Harbor Yacht Club and the Waterfront Marina. It is located in close proximity to Main St which is the heart of Sag Harbor with several retail spaces and amenities.

Exterior of 6 Bay St, Sag Harbor, NY

6. Storefront Retail & Office Building in Sag Harbor, NY
Address: 4 Bay St, Sag Harbor, NY 11963
Sale Date: September 15, 2025
Sale Price: $3,997,759
Price/SF: $2,395

Bay Partners LLC sold this mixed-use building in Sag Harbor, NY to an undisclosed buyer. This transaction was part of a two-property portfolio sale.

This building consists of 1,669 square-feet, is two stories tall, and was built in 1920. The property has 52 ft of frontage on Bay Street.

Exterior of 4 Bay St, Sag Harbor, NY

7. Freestanding Retail Strip Center in East Hampton, NY
Address: 476-482 Montauk Hwy, East Hampton, NY 11937
Sale Date: July 17, 2025
Sale Price: $3,925,000
Price/SF: $380

476-486 Montauk Highway LLC sold this retail strip center in East Hampton, NY to an undisclosed buyer. The property was reportedly fully-occupied at the time of sale.

This building consists of 10,323 square-feet, is one story tall, and was built in 1950. There is 113 ft of frontage on Montauk Hwy with two curb cuts. There are 14 on-site parking spaces and this property is composed of 0.76 acres of land.

This property is located in close proximity to the Amagansett train station and is surrounded by other retail spaces such as a liquor store, banks, fitness centers, photography offices, and more.

Exterior of 476-482 Montauk Hwy, East Hampton, NY

8. Restaurant in Glen Cove, NY
Address: 45 Herb Hill Rd, Glen Cove, NY 11542
Sale Date: September 3, 2025
Sale Price: $3,550,000
Price/SF: $459

Rxr Garies 47 Hh Owner LLC sold this restaurant in Glen Cove, NY to an undisclosed buyer. The property traded at a 6.5% cap rate.

This building consists of 7,721 square-feet, is one story tall, and was built in 2021. It has a building height of 25 ft and there is a wide frontage of 87 ft on Herb Hill Rd. This building sits on 1.69 acres of land.

This property is located in close proximity to the heart of Glen Cove with several retail spaces on Glen St, Brewster St, and School St. It is also located close to the Glen Cove LIRR train station.

Exterior of 45 Herb Hill Rd, Glen Cove, NY

9. Storefront Retail and Residential Building in Valley Stream, NY
Address: 73-83 Roosevelt Ave, Valley Stream, NY 11581
Sale Date: July 15, 2025
Sale Price: $2,900,000
Price/SF: $350

A private entity sold this mixed-use building in Valley Stream, NY to Mcmn Roosevelt LLC.

This building consists of 8,267 square-feet, is two stories tall, and was built in 1926. There is 95 ft of frontage on 1st St, 114 ft of frontage on Roosevelt Ave, and 91 ft of frontage on S Franklin Ave. There are 7 on-site parking spaces.

This property is located South of Sunrise Hwy and within walking distance to the Valley Stream LIRR train station. It is also surrounded by various retail spaces such as Blink Fitness, McDonald’s, Staples, and several more.

Exterior of 73-83 Roosevelt Ave, Valley Stream, NY

10. Restaurant in Merrick, NY
Address: 33 Sunrise Hwy, Merrick, NY 11566
Sale Date: July 16, 2025
Sale Price: $2,730,000
Price/SF: $682.50

NJH LLC sold this restaurant in Merrick, NY to CPB REALTY LLC. The building was reportedly vacant at the time of sale.

This building consists of 4,000 square-feet, is one story tall, and was built in 1952. There is on-site parking available and Sunrise Hwy receives high traffic counts of 49,223 cars per day.

This property is located across from the Merrick LIRR train station and is within walking distance to several other retail spaces on Merrick Ave.