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    1400 Youngs Ave Southold, NY 11971

    View on Map
    Sponsored
    For Lease
    $25 SF/Yr

    COMMERCIAL - Southold, NY

    Property size:
    30,000 SF
    Lot size:
    2.30 Acres
    Days on Market:
    60
    Last Refresh:
    Mar 14 at 10:06 am

    Property Features for 1400 Youngs Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting
    Zoning
    HBus
    Rooms
    Basement
    APN
    1000-060-00-02-00-010-004
    Parking
    155
    Parking features
    Garage, Oversize, Driveway, Parking Lot
    Fencing
    Chain Link
    Basement
    Full, Finished, Storage Space
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Dishwasher, Electric Water Heater, Exhaust Fan, Freezer, Refrigerator, Stainless Steel Appliance(s)
    Size
    30,000 SF
    Lot size
    2.30 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Zoned, Central Air
    Water source
    Public

    Building Details

    Year built
    1988
    Floors in Building
    2
    Flooring type
    Combination, Linoleum, Carpet, Tile
    Building materials
    Block, Brick

    We can help!

    Listing Contact
    Thomas J. Mccarthy
    Thomas J. Mccarthy

    Thomas J. McCarthy Real Estate Inc. (631) 765-5815

    Listing agent Thomas J. McCarthy C2EX (516) 779-6386

    Listing date Jan 13, 2026

    MLS# 816382

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    North Fork Business Headquarters

    Under new ownership, 1400 Youngs Avenue offers a total of 30,000 square feet and is positioned as the North Fork's premiere business headquarters. The space is divisible into units with a minimum of 5,000 square feet. Zoned Hamlet Business, the property is suitable for office or professional use, with multiple uses allowed, including retail, restaurant, and other commercial applications. The building's interior features a lobby, multiple private offices, conference rooms, an open office or trading floor, staff break rooms, a cafeteria, an elevator, and climate-controlled storage. The property includes a 2+ acre lot with a 155-space parking lot and an additional 3 1/2-bay detached garage. It is located directly across from the Southold Train Station, with the Hampton Jitney and S92 Bus within 2 blocks. An EV charging station is located directly across the street. Situated on the only connector street between RT 25 & RT 48, the location benefits from a light at both intersections, providing safe and easy access. The space is a clean, blank canvas ready for occupancy, with custom buildouts available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southold
    County
    Suffolk
    State
    New York
    Longitude
    -72.4269168
    Latitude
    41.0665212

    Nearby Similar for Lease

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      Southold Garage Space For Rent

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      North Fork Business Headquarters

      30,000 SF commercial space in Southold, divisible to 5,000 SF.
      1400 Youngs Ave, Southold, NY 11971
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    FAQs

    What type of property is this?
    Office units - Premiere commercial space in Southold, divisible units, ample parking.
    Where is this office units located?
    The property is located at 1400 Youngs Ave Southold, NY.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Premiere Business Headquarters: **30,000 sq ft of pristine office/professional space**, divisible into 5,000 sq ft units.; - Prime Location: Directly across from Southold Train Station, near Hampton Jitney/S92 bus, and on the connector street between RT 25 & RT 48.; - Ample Parking: **155-space parking lot** with an additional 3 1/2-bay detached garage.
    (631) 765-5815
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    1400 Youngs Ave Southold, NY 11971
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    Southold, NY 11971
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 Youngs Ave Southold, NY 11971
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    We can help!
    Listing Contact
    Thomas J. Mccarthy
    Thomas J. Mccarthy
    Real Estate License ID: 31MC0791905
    (631) 765-5815 (516) 779-6386
    Learn more
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