Add Listing
    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

    101-131 Sunnyside Blvd Plainview, NY

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $24 SF/Yr

    Office space available for lease in Plainview, New York.

    Type:OFFICE
    Property size:
    4,846 SF
    Lot size:
    3.39 Acres
    Added:
    Sep 13, 2023
    Days on Market:
    932
    Last Refresh:
    Mar 29 at 10:59 pm

    Property Features for 101-131 Sunnyside Blvd

    General Information

    Standard status
    Active
    Size
    4,846 SF
    Lot size
    3.39 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 101-131 Sunnyside Blvd Contact us

    We can help!

    Listing Contact
    Cliff Sondock

    Listing agent Cliff Sondock

    Listing office Spiegel Associates

    Listing date Sep 13, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Spiegel Associates

    Overview

    Plainview Office Space Available

    This office space, located in Plainview, New York, offers 4,846 square feet of space. The property is classified as an office type. The space is available for lease at $24.00 per square foot. Electricity is separately metered.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainview
    County
    Nassau
    State
    New York
    Longitude
    -73.4702
    Latitude
    40.7933

    Nearby Similar for Lease

    • $23/mo

      Long Island Warehouse and Office

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

      Medical Office Space Available

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

      Renovated Flex Space Available

      20,040 SF renovated building with customizable interiors.
      210 Express St, Plainview, NY 11803
      View Details
    • Contact for pricing

      Retail Spaces in Plainview Center

      Retail and restaurant spaces available in Plainview shopping center.
      589-613 Old Country Rd, Plainview, NY
      View Details
    • $32/mo

      Plainview Office Space Available

      Office space for rent with convenient highway access and parking.
      255 Executive Dr, Plainview, NY
      View Details
    • Contact for pricing

      Retail Space Near ShopRite Available

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

      Plainview Warehouse Space Available

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

      Plainview Office Building For Rent

      Office building in Plainview, NY, featuring customized tenant spaces.
      45 Executive Dr, Plainview, NY
      View Details
    • Contact for pricing

      Retail Space in Lifestyle Community

      Retail space available within an upscale Long Island community.
      1481 Old Country Rd, Plainview, NY
      View Details
    • Contact for pricing

      Plainview Office Space Available

      50000 square feet of office space for rent.
      875 Old Country Rd, Plainview, NY
      View Details
    • Contact for pricing

      Upscale Shopping Center For Rent

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

      Plainview Office Space Available

      2624 square feet of office space for rent.
      125 E Bethpage Rd, Plainview, NY
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available for lease in Plainview, New York.
    Where is this office units located?
    The property is located at 101-131 Sunnyside Blvd Plainview, NY.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Office space available, perfect for your business needs.; 4,846 SF available, offering ample room to customize your workspace.; Priced at $24.00 PSF.
    (516) 935-1100
    We can help!
    Listing Contact
    Cliff Sondock
    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!