Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lindenhurst Office Suite For Rent Title is generated by Realmo AI

    171 S First Street, Lindenhurst, NY 11757

    View on Map
    Claim this Listing
    For Lease
    $2,500/Mo $44 SF/Yr (calc)

    COMMERCIAL - Lindenhurst, NY

    Type:Office
    Property size:
    672 SF
    Added:
    Nov 14, 2024
    Days on Market:
    565
    Last Refresh:
    Jun 2 at 10:06 pm

    Property Features for 171 S First Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    Office
    Rooms
    Basement
    Standard status
    Active
    APN
    0103-010-00-03-00-111-000
    Size
    672 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air

    Building Details

    Year built
    2017
    Floors in Building
    1

    We can help!

    Listing Contact
    Jamie C. Winkler

    Listing agent Jamie C. Winkler

    Listing office Winkler Real Estate Inc 474 Montauk Hwy, Islip, NY

    Listing date Nov 14, 2024

    MLS# LP1439124

    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.

    HighLights

    • Prime location in the heart of Lindenhurst Village.
    • Accessible from both South First Street and South Wellwood Avenue.
    • Flexible space easily reconfigured to suit tenant needs.
    • Landlord willing to offer tenant improvements.
    • Modern construction: Built in 2017.
    • 672 rentable square feet office suite with 2 private offices and an open work area.

    Overview

    Located in the heart of Lindenhurst Village, this 672 rentable square foot office suite is accessible from both South First Street and South Wellwood Avenue. The space is currently configured with 2 private offices and an open work area, but it can easily be reconfigured to suit a tenant's needs. The landlord is willing to offer tenant improvements. The building size is 3275 square feet. This commercial real estate is zoned for office use.
    Property Profile 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 Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lindenhurst
    County
    Suffolk
    State
    New York
    Longitude
    -73.373547
    Latitude
    40.685335

    Nearby Similar for Lease

    • $2,500/Mo

      Showroom With Office and Storage

      Versatile showroom setup with storage, a bath, and an upstairs office for businesses seeking strong local visibility.
      116-120 E Hoffman Avenue, Lindenhurst, NY 11795
      View Details
    • $2,250/Mo
      455 SF

      Renovated Office Suite in Lindenhurst

      Renovated office suite with utilities included and parking access.
      171 S Wellwood Avenue, Lindenhurst, NY 11757
      View Details
    • $4,480/Mo
      1,536 SF

      Lindenhurst Office Space For Rent

      Office suite in Lindenhurst's business district, build-to-suit options available.
      138 S First, Lindenhurst, NY 11757
      View Details
    • $10,000/Mo

      High-Visibility Mixed-Use Building

      Exceptional mixed-use property with high visibility and accessibility.
      150 W Sunrise Highway, Lindenhurst, NY 11757
      View Details
    • $14 SF/Yr
      7,120 SF

      Adaptable Flex Space Available

      Divisible flex space suitable for office, lab, or industrial use.
      155 S 10th St, Lindenhurst, NY
      View Details
    • Contact for pricing
      3,021 SF

      Retail Space in Lindenhurst Center

      Retail space available in a well-located neighborhood shopping center.
      3648-3650 Sunrise Hwy, Lindenhurst, NY
      View Details
    • Contact for pricing
      5,000 SF

      Equipped Restaurant Space Available

      Turn-key restaurant space with 180-seat approval and multiple access points.
      330 W Montauk Hwy, Lindenhurst, NY
      View Details
    • Contact for pricing

      Lindenhurst Apartment with Laundry

      Two-bedroom apartment featuring hardwood floors and in-unit laundry.
      761 Jackson Avenue, Lindenhurst, NY 11757
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space on Sunrise Highway

      Retail space available for rent on Sunrise Highway.
      5254-5266 E Sunrise Hwy, Lindenhurst, NY
      View Details
    • Contact for pricing
      40,000 SF

      Industrial Space in Lindenhurst, NY

      Industrial space ideal for warehouse and distribution in Lindenhurst.
      301-305 Henry St, Lindenhurst, NY
      View Details
    • Contact for pricing
      1,254 SF

      Retail Space in Lindenhurst Center

      Retail space available in a strong neighborhood center.
      646-660 Wellwood Ave, Lindenhurst, NY
      View Details

    FAQs

    What type of property is this?
    Office units - 672 SF office suite in Lindenhurst Village.
    Where is this office units located?
    The property is located at 171 S First Street Lindenhurst, NY.
    What is the lease rate?
    The lease rate is $2,500 /Mo.
    What are key features of this property?
    This property features: Prime location in the heart of Lindenhurst Village.; Accessible from both South First Street and South Wellwood Avenue.; Flexible space easily reconfigured to suit tenant needs.
    (631) 650-0900
    We can help!
    Listing Contact
    Jamie C. Winkler
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    171 S First Street, Lindenhurst, NY 11757
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!