Retail Strip Main Street, East Rockaway

THE OPPORTUNITY: MARK-TO-MARKET UPSIDE

In-place rents average just $12.59 PSF across the building, and four of five spaces (84% of the building) sit on month-to-month leases. That combination gives a new owner immediate flexibility to reset rents toward prevailing Main St retail levels, re-tenant, or occupy space directly, without waiting out long-term leases.