Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    32 Office Space Chichester Avenue Center Moriches, NY 11934

    View on Map
    Claim this Listing
    For Lease
    $25 SF/Yr

    COMMERCIAL - Center Moriches, NY

    Type:Office
    Property size:
    1,456 SF
    Lot size:
    1.55 Acres
    Added:
    Feb 6, 2026
    Days on Market:
    80
    Last Refresh:
    Apr 27 at 10:06 pm

    Property Features for 32 Office Space Chichester Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Rooms
    Basement
    Parking
    25
    Basement
    Crawl Space
    Standard status
    Active
    APN
    0200-857-00-02-00-006-000
    Size
    1,456 SF
    Lot size
    1.55 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    25857

    Utilities

    Sewer type
    Cesspool
    Heating system
    Oil
    Water source
    Public

    Building Details

    Floors in Building
    2
    Building materials
    Vinyl Siding

    We can help!

    Listing Contact
    Nick J. Messina
    Nick J. Messina

    Listing agent Nick J. Messina License #10401241235

    Listing office Douglas Elliman Real Estate 104 Main St, Huntington Station, NY

    Listing date Feb 6, 2026

    MLS# 959206

    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.

    Overview

    Flexible Commercial Space Available

    Office space zoned L1 is available for lease in a flexible commercial setting. Current availability includes suites of 1,161 SF and 1,311 SF on the second floor, as well as 1,456 SF and 1,401 SF on the first floor. Spaces can be leased individually or combined to accommodate larger requirements. The landlord is currently renovating the units, which will be delivered with new flooring, paint, trim, and lighting. Tenants also have the opportunity to customize during construction. Rent is offered on a plus CAM basis. Warehouse and yard space are also available upon request. The property is located in Center Moriches, NY, in Suffolk County, and the lot size is 1.55 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Center Moriches
    County
    Suffolk
    State
    New York
    Longitude
    -72.7931
    Latitude
    40.8046

    Nearby Similar for Lease

    • $20 SF/Yr

      Warehouse Space For Lease

      Warehouse space for lease, suitable for light industrial and commercial uses.
      32 Chichester Avenue, Center Moriches, NY 11934
      View Details
    • $20 SF/Yr

      Versatile Warehouse Space Available

      Warehouse space for lease with flexible configurations.
      32 Chichester Ave, Center Moriches, NY 11934
      View Details
    • $700/Mo

      Office Space with Shared Amenities

      Office space for rent with shared conference and reception.
      373 Main St, Center Moriches, NY 11934
      View Details
    • $700/Mo

      Main Street Office Space Available

      Office units for rent on Main Street with utilities included.
      377 Main St, Center Moriches, NY, 11934-3524
      View Details
    • $19 SF/Yr

      Colonial Style Retail Space

      Retail space available in colonial style shopping center.
      760 Main St, Center Moriches, NY
      View Details

    FAQs

    What type of property is this?
    Office units - L1 zoned office suites available for lease in Center Moriches.
    Where is this office units located?
    The property is located at 32 Office Space Chichester Avenue Center Moriches, NY.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Flexible commercial setting with L1 zoning.; Suites available on both the first and second floors.; Spaces can be leased individually or combined.
    (631) 767-1424
    We can help!
    Listing Contact
    Nick J. Messina
    Nick J. Messina
    Real Estate License ID: 10401241235
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!