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

    101 Commercial St Plainview, NY 11803

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

    Well-maintained office space with conference room and on-site management.

    Property size:
    800 SF
    Lot size:
    1.10 Acres

    Property Features for 101 Commercial St

    General Information

    Size
    800 SF
    Lot size
    1.10 Acres

    We can help!

    Listing Contact
    Scott Harz
    Source: Moodyscre

    Listing Agent: Scott Harz

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

    Learn more

    Property Insight Report

    Overview

    Plainview Office Space for Rent

    This 800-square-foot office space is in excellent condition and features four offices, two bullpen areas, and a conference room. Communal and private bathrooms are available. On-site management is provided. The location offers convenient access to the Long Island Expressway, Northern State Parkway, Seaford Oyster Bay Parkway, and Long Island Rail Road stations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kassoy Jewelry Supply Jewelry Equipment Supplier Kenstan Fixture Services Locksmith

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainview
    County
    Nassau
    State
    New York
    Longitude
    -73.462835
    Latitude
    40.790281

    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
    • Contact for pricing
      88,118 SF

      Manetto Hill Plaza Retail Space

      Plainview retail center; multiple spaces available.
      0 Manetto Hl Rd. & Country Dr, Plainview, NY 11803
      View Details
    • $17 SF/Yr
      8,000 SF

      Renovated Warehouse/Industrial Space Available

      Completely renovated warehouse/industrial space with office, drive-in door, and access.
      101 Fairchild Ave, 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
    • $14 SF/Yr
      106,297 SF

      Prime Plainview Flex Office Space

      15,028 SF Available, High-End Renovation
      245 Newtown Rd, Plainview, NY 11803
      View Details
    • $300 /Mo
      17,736 SF

      Prime Plainview Office Space

      17,736 SF Office Building, Abundant Parking
      998 Old Country Rd, Plainview, NY 11803
      View Details
    • Contact for pricing
      7,292 SF

      Prime Plainview Medical Office Space

      7,292 SF Medical Office Building, 3 Suites Available
      700-760 Old Country Rd, Plainview, NY 11803
      View Details
    • $14 SF/Yr
      90,215 SF

      Plainview Flex Space: 15,171 SF Available

      Modern Flex Space in Prime Plainview Location
      55 Ames Ct, Plainview, NY 11803
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Plainview

      Retail property for lease in a high-traffic Plainview location.
      1000-1054 Old Country Rd, Plainview, NY 11803
      View Details
    • Contact for pricing
      4,700 SF

      Upscale Shopping Center For Rent

      Recently renovated upscale shopping center on Long Island's Gold Coast.
      401-445 S Oyster Bay Rd, Plainview, NY 11803
      View Details
    • Contact for pricing
      68,910 SF

      Plainview Office Building For Rent

      Office building in Plainview, NY, featuring customized tenant spaces.
      45 Executive Dr, Plainview, NY 11803
      View Details

    FAQs

    What type of property is this?
    Office space - Well-maintained office space with conference room and on-site management.
    Where is this office space located?
    The property is located at 101 Commercial St Plainview, NY.
    What are key features of this property?
    This property features: - Great location near Long Island Expy, Northern State Pkwy, Seaford Oyster Bay Pkwy and LIRR Stations; - Space in excellent condition; - Includes **4 offices**
    (631) 392-0784
    Request Owner's contact information
    101 Commercial St 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.
    101 Commercial St
    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
    101 Commercial St 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!
    Listing Contact
    Scott Harz
    (631) 392-0784
    Learn more
    Google sign-in failed. Please try again or use another login method.