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

    631 Montauk Hwy, Unit 8 West Islip, NY 11795

    Sponsored
    For Lease
    $1,995 /Mo ($0.85 SF/Yr)

    COMMERCIAL - West Islip, NY

    Type:Office
    Lot size:
    0.65 Acres
    Days on Market:
    31
    Last Refresh:
    Feb 6 at 9:06 pm

    Property Features for 631 Montauk Hwy

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Basement
    APN
    0500-473-00-01-00-011-000
    Parking
    20
    Parking features
    Parking Lot, Offsite, Off Street
    Lot size
    0.65 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Shingle Siding

    We can help!

    Listing Contact
    Irene D. Lockel CBR
    Irene D. Lockel CBR

    Netter Real Estate (631) 661-5100

    Listing agent Irene D. Lockel CBR (516) 410-5944

    Listing date Jan 7, 2026

    MLS# 947021

    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

    West Islip Professional Office Suite

    This five-room office suite is situated within a professional building located less than half a mile from Good Samaritan Hospital in West Islip, New York. The location is suitable for professional or medical use. The property is located on a 0.65-acre lot. The tenant is responsible for gas, electricity, and a one-month security deposit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anthony C Fragola ... Dental Office Dr. Sean G. ... Pediatrician Dr. Milton J. ... Pediatrician Risa L. Beck, ... Physician Eppig William J Law Firm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Islip
    County
    Suffolk
    State
    New York
    Longitude
    -73.302749
    Latitude
    40.696509

    Nearby Similar for Lease

    • $3,250 /Mo
      1,451 SF

      West Islip Office Suite Rental

      Office suite for rent in professional condo building, West Islip.
      510 Montauk Hwy, West Islip, NY 11795
      View Details
    • $3,500 /Mo
      600 SF

      West Islip Office Space Available

      Equipped office space in high-traffic West Islip location.
      723 Montauk Hwy, West Islip, NY 11795
      View Details
    • Contact for pricing
      69,492 SF

      West Islip Retail Center For Lease

      High-traffic shopping center space available.
      0 Un Blvd & Higbie Ln, West Islip, NY 11795
      View Details
    • Contact for pricing
      3,827 SF

      Freestanding Building with Drive-Thrus

      Freestanding building with triple drive-thrus on Montauk Highway.
      485 Montauk Hwy, West Islip, NY 11795
      View Details
    • $3,200 /Mo

      Retail Space with Open Floorplan

      Spacious retail space in high-traffic area with parking.
      355 Union Blvd, West Islip, NY 11795
      View Details
    • Contact for pricing
      1,802 SF

      Retail Space on Union Boulevard

      Retail space available with excellent visibility on Union Boulevard.
      434-440 Union Blvd, West Islip, NY 11795
      View Details
    • Contact for pricing
      1,120 SF

      Retail Space in Densely Populated Area

      Retail property in a densely populated area with strong co-tenancy.
      480-532 Union Blvd, West Islip, NY 11795
      View Details

    FAQs

    What type of property is this?
    Office space - Five-room office suite in a professional building near Good Samaritan Hospital.
    Where is this office space located?
    The property is located at 631 Montauk Hwy, Unit 8 West Islip, NY.
    What is the lease rate?
    The lease rate is $0.85 SF/Yr.
    What are key features of this property?
    This property features: - Prime location less than half a mile from Good Samaritan Hospital.; - Suitable for professional or medical office use.; - Central air conditioning.
    (922) 337-2036
    Request Owner's contact information
    631 Montauk Hwy, Unit 8 West Islip, NY 11795
    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.
    631 Montauk Hwy, Unit 8
    West Islip, NY 11795
    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
    631 Montauk Hwy, Unit 8 West Islip, NY 11795
    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
    Irene D. Lockel CBR
    Irene D. Lockel CBR
    Real Estate License ID: 30LO0418228
    (922) 337-2036
    Learn more
    Google sign-in failed. Please try again or use another login method.