Sign Up Successful!
You now have access to more from Realmo!
    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

    1 E Main St Bayshore, NY 11706

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space for rent near transportation and amenities.

    Property size:
    9,000 SF
    Lot size:
    1.07 Acres

    Property Features for 1 E Main St

    General Information

    Size
    9,000 SF
    Lot size
    1.07 Acres

    We can help!

    Listing Contact
    Christopher Nicholson
    Christopher Nicholson
    Source: Moodyscre

    Listing Agent: Christopher Nicholson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Retail Space in Bay Shore

    This 9,000 square foot retail space is located in Bay Shore, New York. The building is currently under renovation and features a private parking lot, as well as access to a large municipal parking area. The property is near various transportation options, including the Bay Shore Train, bus stops, and Fire Island Ferries. Area co-tenants include Southside Hospital, medical professionals, law professionals, NEFCU, Chase, Stop N Shop, restaurants, pubs, the post office, Touro College, and Family Dollar.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Joanne Fanizza Law ... Estate Planning Attorney The Green Plug Solar Energy Company Universal Process Server JNH Masonry Masonry Contractor Northwell Health Laboratory

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bayshore
    County
    Suffolk
    State
    New York
    Longitude
    -73.247894
    Latitude
    40.722061

    Nearby Similar for Lease

    • $7,900 /Mo
      3,000 SF

      Retail/Office Space in Bay Shore

      Newly built 3,000 SF retail/office space with ample parking.
      2320 Union Blvd, Bayshore, NY 11706
      View Details
    • $22 SF/Yr
      4,553 SF

      Downtown Bay Shore Commercial Building

      Commercial building in downtown Bay Shore, suitable for multiple uses.
      51 Park Ave, Bayshore, NY 11706
      View Details
    • $2,850 /Mo

      Professional Office Near South Shore

      Professional office space in prime Bay Shore location, available immediately.
      1918 Union Blvd, Bayshore, NY 11706
      View Details
    • $3,000 /Mo
      1,000 SF

      Professional Office Space Near Hospital

      Prime office space in the heart of Northwell South Shore campus.
      1918 Union Blvd, Bayshore, NY 11706
      View Details
    • $4,500 /Mo
      2,000 SF

      Bay Shore Office Space Available

      Office space for rent in a busy Bay Shore location.
      1805 5Th Ave, Bayshore, NY 11706
      View Details
    • Contact for pricing
      1,500 SF

      Grocery-Anchored Strip Center For Rent

      Retail property with national tenants and high traffic.
      521-607 Montauk Hwy, Bayshore, NY 11706
      View Details
    • $3,800 /Mo
      1,233 SF

      Downtown Retail Space For Rent

      Retail space with large storefront and parking in downtown.
      32 E Main St, Bayshore, NY 11706
      View Details
    • $12 SF/Yr
      2,400 SF

      Elevator Access Office Space

      Second-story office space with elevator and main street exposure.
      269 W Main St, Bayshore, NY 11706
      View Details
    • $1,750 /Mo
      8,680 SF

      Bay Shore Retail Opportunity

      Retail space ideal for restaurant or bank with drive-thru.
      301 W Main St, Bayshore, NY 11706
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space on Montauk Highway

      Retail space available in high-traffic Bay Shore location.
      515 Montauk Hwy, Bayshore, NY 11706
      View Details
    • $2,300 /Mo

      Bay Shore Apartment For Rent

      One-bedroom apartment with washer/dryer in development, Bay Shore, NY.
      175 Newbrook Ln, Bayshore, NY 11706
      View Details
    • $1,500 /Mo
      1,000 SF

      Industrial Space Near LIRR Stations

      Industrial space available near Bay Shore and Brentwood LIRR stations.
      333 Spur Dr N, Bayshore, NY 11706
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space for rent near transportation and amenities.
    Where is this retail space located?
    The property is located at 1 E Main St Bayshore, NY.
    What are key features of this property?
    This property features: - Private parking lot included.; - Ample parking with large municipal parking nearby.; - Conveniently located near Bay Shore Train.
    (631) 436-3747
    Request Owner's contact information
    1 E Main St Bayshore, NY 11706
    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.
    1 E Main St
    Bayshore, NY 11706
    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
    1 E Main St Bayshore, NY 11706
    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
    Christopher Nicholson
    Christopher Nicholson
    (631) 436-3747
    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.