Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1940 Great Neck Rd Copiague, NY 11726

    Sponsored
    For Lease
    $1,650 /Mo

    COMMERCIAL - Copiague, NY

    Type:Office
    Days on Market:
    7
    Last Refresh:
    Jan 27 at 12:06 am

    Property Features for 1940 Great Neck Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    0100-197-00-01-00-003-000

    Building Details

    Floors in Building
    1
    Number of units
    1

    We can help!

    Listing Contact
    Yona Miller
    Yona Miller

    Signature Premier Properties (631) 673-3700

    Listing agent Yona Miller (631) 252-1809

    Listing date Jan 21, 2026

    MLS# L3524932

    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

    Renovated Office/Retail Space in Copiague

    This newly renovated space in downtown Copiague is suitable for either retail or office use. The property benefits from a location in a heavily populated, high-traffic area, situated steps from the Long Island Rail Road (LIRR). Located on Great Neck Road, the property provides ample parking in the back lot and on the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    club cambia tu ... Sports Nutrition Store Club cambia tu ... Nutritionist Fausto Jewelry Repair Jewelry Repair Service MoneyGram Money Transfer Service Y variedades chinadega Market

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Copiague
    County
    Suffolk
    State
    New York
    Longitude
    -73.39993
    Latitude
    40.682073

    Nearby Similar for Lease

    • $2,500 /Mo
      972 SF

      New Retail Space in Copiague

      972 SF retail space in Copiague near train station.
      400 Oak St, Copiague, NY 11726
      View Details
    • $2,900 /Mo
      15,451 SF

      Well-Maintained Office in Copiague, NY

      Upper unit office with natural light and included utilities.
      521 Oak St, Copiague, NY 11726
      View Details
    • $1,500 /Mo
      900 SF

      Updated Office Space in Copiague

      900 SF Copiague office space with utilities included.
      1285 Montauk Hwy, Copiague, NY 11726
      View Details
    • $650 /Mo

      Updated Office Space on Highway

      Updated office space with signage and parking available for rent.
      1285 Montauk Hwy, Copiague, NY 11726
      View Details
    • $650 /Mo
      320 SF

      Copiague Office Space For Rent

      Second floor office space with bonus room and utilities included.
      1285 Montauk Hwy, Copiague, NY 11726
      View Details
    • $650 /Mo
      180 SF

      Updated Office Space For Rent

      Updated office space with waiting room, utilities included, parking.
      1285 Montauk Hwy, Copiague, NY 11726
      View Details
    • Contact for pricing
      13,547 SF

      Montauk Retail Center Opportunity

      High-traffic retail space, ample parking.
      901-925 Montauk Hwy, Copiague, NY 11726
      View Details
    • $25 SF/Yr
      7,500 SF

      Copiague Retail and Office Space

      Retail and office spaces for lease in Copiague, NY.
      1909 Great Neck Rd, Copiague, NY 11726
      View Details
    • $4,500 /Mo

      Copiague Warehouse with 14' Ceilings

      1,600+ sqft warehouse with 12' garage door and HVAC.
      1272 Montauk Hwy, Copiague, NY 11726
      View Details
    • $3,000 /Mo

      Retail Spaces in Copiague Shopping Center

      Retail and medical spaces available in Copiague, New York.
      622 630, Copiague, NY 11726
      View Details
    • $25 SF/Yr
      130 SF

      Retail/Office Space For Lease

      Retail and office spaces available for lease in Copiague, NY.
      1905-1911 Great Neck Rd, Copiague, NY 11726
      View Details
    • Contact for pricing
      1,866 SF

      Retail Space on Sunrise Highway

      Retail spaces available on high-visibility Sunrise Highway.
      1255-1287 Sunrise Hwy, Copiague, NY 11726
      View Details

    FAQs

    What type of property is this?
    Office space - Newly renovated office/retail space in high-traffic Copiague location.
    Where is this office space located?
    The property is located at 1940 Great Neck Rd Copiague, NY.
    What are key features of this property?
    This property features: - Newly renovated office/retail space is ready for your business.; - High-traffic location on Great Neck Rd ensures maximum exposure.; - Steps from LIRR in downtown Copiague for easy access.
    (631) 252-1809
    Request Owner's contact information
    1940 Great Neck Rd Copiague, NY 11726
    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.
    1940 Great Neck Rd
    Copiague, NY 11726
    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
    1940 Great Neck Rd Copiague, NY 11726
    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

    We can help!
    Listing Contact
    Yona Miller
    Yona Miller
    (631) 252-1809
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.