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

    255 Executive Dr Plainview, NY 11803

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space for rent with convenient highway access and parking.

    Property size:
    82,000 SF
    Lot size:
    2.72 Acres

    Property Features for 255 Executive Dr

    General Information

    Size
    82,000 SF
    Lot size
    2.72 Acres

    We can help!

    Listing Contact
    Marc Berkowitz
    Marc Berkowitz
    Source: Moodyscre

    Listing Agency: The Rochlin Organization Listing Agent: Marc Berkowitz

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

    Learn more

    Property Insight Report

    Overview

    Plainview Office Space Available

    This office space is conveniently located near Exit 46 of the Long Island Expressway and Exit 38 of the Northern State Parkway. The LIRR Syosset and Hicksville stations are located nearby. The property features ample parking, including an indoor garage. The building offers 24/7 access and on-site management. A cafe is located within the building. The available office space is 1607 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Edwin Torres, Realtor ... Real Estate Agency Garfinkel Richard Accounting Firm Stephen Checca, Realtor ... Real Estate Agency Steven Schiebelhuth - Raymond ... Financial Advisor All About Kids ... Medical Clinic

    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
    Plainview
    County
    Nassau
    State
    New York
    Longitude
    -73.465079
    Latitude
    40.792853

    Nearby Similar for Lease

    • $3,666 /Mo
      1,100 SF

      Plainview Office Suite For Rent

      1,100 sqft office suite suitable for medical or professional use.
      1097 Old Country Rd, Plainview, NY 11803
      View Details
    • $15 SF/Yr
      5,000 SF

      Plainview Industrial Space Available

      5,000 square foot industrial space for lease in Plainview.
      30 Commercial Ct, Plainview, NY 11803
      View Details
    • $3,666 /Mo

      Plainview Office Suite For Rent

      1,100 sqft office suite suitable for medical or professional use.
      1097 Old Country Rd, Plainview, NY 11803
      View Details
    • Contact for pricing
      30,000 SF

      Plainview Office Space Available

      30000 sqft office space for rent in Plainview, NY.
      303 Sunnyside Blvd, Plainview, NY 11803
      View Details
    • Contact for pricing
      22,075 SF

      Plainview Retail Space Available

      Retail property available for lease in Plainview, New York.
      219 South Service Rd, Plainview, NY 11803
      View Details
    • Contact for pricing

      2.73 Acres Truck Parking Available

      2.73 acres for truck, car, van, parkway parking.
      35 South Service Rd, Plainview, NY 11803
      View Details
    • Contact for pricing
      6,000 SF

      Medical Office Space Available

      6,000 SF medical office space for rent.
      1074 Old Country Rd, Plainview, NY 11803
      View Details
    • Contact for pricing
      22,100 SF

      Long Island Warehouse and Office

      Warehouse and office space for rent in Long Island.
      1 Fairchild Ct, Plainview, NY 11803
      View Details
    • Contact for pricing
      765 SF

      Retail Spaces in Plainview Center

      Retail and restaurant spaces available in Plainview shopping center.
      589-613 Old Country Rd, Plainview, NY 11803
      View Details
    • Contact for pricing
      10,500 SF

      Plainview Warehouse Space Available

      10,500 SF warehouse with office space for lease.
      151 Dupont St, Plainview, NY 11803
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space Near ShopRite Available

      Retail space available near ShopRite, Petco, and other retailers.
      375 S Oyster Bay Rd, Plainview, NY 11803
      View Details
    • Contact for pricing
      19,552 SF

      Prime Plainview Retail Center

      Three suites available, ample parking.
      998-1054 Old Country Rd, Plainview, NY 11803
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for rent with convenient highway access and parking.
    Where is this office units located?
    The property is located at 255 Executive Dr Plainview, NY.
    What are key features of this property?
    This property features: - Conveniently located near Long Island Expressway (Exit 46) and Northern State Parkway (Exit 38); - Ample parking with indoor garage; - 24/7 building access
    (516) 441-7280 Call to check price and availability
    Request Owner's contact information
    255 Executive Dr Plainview, NY 11803
    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.
    255 Executive Dr
    Plainview, NY 11803
    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
    255 Executive Dr Plainview, NY 11803
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Marc Berkowitz
    Marc Berkowitz
    (516) 441-7280 (516) 935-8300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!