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

    95 State Street Westbury, NY 11590

    View on Map
    Claim this Listing
    For Lease
    $8,800 /Mo

    COMMERCIAL - Westbury, NY

    Property size:
    5,855 SF
    Added:
    Mar 12, 2026
    Days on Market:
    48
    Last Refresh:
    Apr 28 at 3:06 pm

    Property Features for 95 State Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    5,855 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    50000

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Cesspool
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Building materials
    Block

    We can help!

    Listing Contact
    Yan Chen

    Listing agent Yan Chen

    Listing office Charles Rutenberg Realty Inc 255 Executive Dr Ste 208, Plainview, NY

    Listing date Mar 12, 2026

    MLS# 970678

    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

    Westbury Office Space For Lease

    Office space is available for lease on the second floor at 95 State Street in Westbury, NY. The space is approximately 5,855 square feet and offers a flexible layout suitable for professional, administrative, or service-based businesses. The unit can be configured with private offices, conference rooms, and open workspace depending on tenant needs, making it adaptable for companies seeking a functional environment. The property is located in Nassau County and provides access to major roadways including the Northern State Parkway, and Wantagh Parkway, allowing for convenient commuting for employees and clients. This location is an opportunity for businesses looking to establish or expand operations in a well-connected Long Island location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sanymetal Public Bathroom Metpar Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Westbury
    County
    Nassau
    State
    New York
    Longitude
    -73.559154
    Latitude
    40.758815

    Nearby Similar for Lease

    • $3,750/Mo

      Westbury Retail/Office Space Available

      Commercial space in downtown Westbury, suitable for retail or office.
      247-01 Post Avenue, Westbury, NY 11590
      View Details
    • $3,600/Mo

      Prime Office/Retail Space Available

      High-traffic Westbury location ideal for office or retail.
      2242 Hempstead Turnpike, Westbury, NY 11554
      View Details
    • $2,000/Mo

      Westbury Commercial Building Office Space

      Street-level office space with basement and parking in Westbury.
      91 New York Ave, Westbury, NY 11590
      View Details
    • $2,475/Mo

      Westbury Office Space For Lease

      Affordable office space in the heart of Westbury Village.
      242 Drexel Avenue, Westbury, NY 11590
      View Details
    • $2,350/Mo

      Westbury Office Space For Rent

      Affordable office space in the heart of Westbury Village.
      242 Drexel Avenue, Westbury, NY 11590
      View Details
    • Contact for pricing

      Westbury Commercial Space For Rent

      800 SF commercial space on Old Country Road in Westbury.
      435 Old Country Rd 435, Westbury, NY 11590
      View Details
    • $34 SF/Yr

      New Mixed-Use Retail Space

      Ground-level retail space in revitalized downtown district.
      249 Drexel Ave, Westbury, NY 11590
      View Details
    • $33 SF/Yr

      Westbury Office Space For Rent

      Office space for rent in Westbury, excellent location.
      400 Post Ave, Westbury, NY
      View Details
    • $21 SF/Yr

      Prime Retail Space in Westbury

      High-visibility retail space in New Cassel's commercial corridor.
      701-715 Prospect Ave, Westbury, NY
      View Details
    • Contact for pricing

      Westbury Warehouse Space Available

      Warehouse space available for rent in Westbury, New York.
      1600 Shames Drive, Westbury, NY 11590
      View Details
    • $38 SF/Yr

      Westbury Office Building for Sale

      Office building with convenient location, parking, and modern amenities.
      0-0 865 Merrick Ave, Westbury, NY
      View Details
    • $25 SF/Yr

      Westbury Office Space For Rent

      Office space for rent with convenient amenities and parking.
      1400-1520 Old Country Rd, Westbury, NY
      View Details

    FAQs

    What type of property is this?
    Office units - Adaptable office space in a well-connected Long Island location.
    Where is this office units located?
    The property is located at 95 State Street Westbury, NY.
    What is the lease rate?
    The lease rate is $8,800 /Mo.
    What are key features of this property?
    This property features: Approximately 5,855 square feet of flexible office space.; Adaptable layout configurable for private offices, conference rooms, and open workspace.; Convenient access to Northern State Parkway and Wantagh Parkway.
    (631) 612-1124
    We can help!
    Listing Contact
    Yan Chen
    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!