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

    16 Norden Ln Huntington Station, NY 11746

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

    Multi-tenanted flex building with warehouse potential near LIRR stations.

    Property size:
    1,120 SF
    Lot size:
    0.39 Acres

    Property Features for 16 Norden Ln

    General Information

    Size
    1,120 SF
    Lot size
    0.39 Acres

    We can help!

    Listing Contact
    Alberto Fiorini
    Alberto Fiorini
    Source: Moodyscre

    Listing Agency: Alliance Real Estate Corporation Listing Agent: Alberto Fiorini

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

    Learn more

    Property Insight Report

    Overview

    Flex Space in Huntington Station

    This flex space, identified as Suite #101, is situated on the front east-side corner of the building and is reported to be in excellent condition. The property is part of a multi-tenanted flex building with a size of approximately 6,750 square feet, located on a fenced-in lot of approximately 0.38 acres. The available space offers the potential to create 550 square feet of warehouse area. The location provides close proximity to the Long Island Rail Road (LIRR) stations at Huntington Station and Cold Spring Harbor. The property size is 1,120 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Melric Systems Corporation Hardware & Home Improvement Hockings Dumpster General Contractor Restor Technologies Inc General Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Station
    County
    Suffolk
    State
    New York
    Longitude
    -73.425108
    Latitude
    40.840434

    Nearby Similar for Lease

    • New
      $15,000 /Mo
      10,454 SF

      Versatile Huntington Station Commercial Space

      7000 sq ft office/retail/showroom space with gated lot.
      211 Depot Rd, Huntington Station, NY 11746
      View Details
    • $599 /Mo
      98,001 SF

      Melville Office Space For Rent

      Cost-effective, centrally located office spaces with flexible sizes and amenities.
      25 Melville Park Rd, Melville, NY 11747
      View Details
    • $1,700 /Mo
      9,148 SF

      Route 110 Commercial Space

      Office or commercial space on Route 110 in Melville.
      807 Walt Whitman Rd, Melville, NY 11747
      View Details
    • $9,800 /Mo
      49,658 SF

      Dix Hills Studio Space Available

      Turnkey studio space suitable for dance, fitness, or performing arts.
      15 E Deer Park Rd, Dix Hills, NY 11746
      View Details
    • $1,100 /Mo

      Office Space in Dix Hills

      Office space available within the Art League of Long Island.
      107 E Deer Park Rd E, Dix Hills, NY 11746
      View Details
    • Sponsored
      New
      Contact for pricing

      NY, Melville - Broadhollow Rd

      Discover many ways to work your way in IA, Cedar Rapids - N River Blvd NE
      555 Broadhollow Rd, Melville, NY 11747
      View Details
    • $4,000 /Mo

      Melville Retail or Office Space

      Prime Melville location near Walt Whitman Mall, ideal for various uses.
      675 Walt Whitman Rd, Melville, NY 11747
      View Details
    • $1,700 /Mo

      Melville Office Space For Rent

      Two-room office space available on Route 110 in Melville.
      807 Walt Whitman Rd, Melville, NY 11747
      View Details
    • New
      Contact for pricing

      Melville Broadhollow

      Discover many ways to work your way in 445 Park Avenue
      200 Broadhollow Rd, Melville, NY 11747
      View Details
    • $9,800 /Mo

      Turnkey Studio with Dance Rooms

      Spacious studio with three dance rooms, ready for immediate use.
      15 E Deer Park Rd, Dix Hills, NY 11746
      View Details
    • $4,000 /Mo

      Prime Retail or Office Space

      Newly renovated retail/office space in Melville with high visibility.
      675 Walt Whitman Rd, Melville, NY 11747
      View Details
    • $599 /Mo

      Cost-Effective Melville Office Spaces

      Centrally located office spaces available for rent, starting at $599.
      25 Melville Park Rd, Melville, NY 11747
      View Details

    FAQs

    What type of property is this?
    Flex space - Multi-tenanted flex building with warehouse potential near LIRR stations.
    Where is this flex space located?
    The property is located at 16 Norden Ln Huntington Station, NY.
    What are key features of this property?
    This property features: - Excellent condition of the suite.; - Potential to create 550 sf of warehouse space.; - Part of a +/- 6,750 sf multi-tenanted flex building.
    (631) 392-0784 Call to check price and availability
    Request Owner's contact information
    16 Norden Ln Huntington Station, NY 11746
    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.
    16 Norden Ln
    Huntington Station, NY 11746
    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
    16 Norden Ln Huntington Station, NY 11746
    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 Alberto Fiorini
    Alberto Fiorini
    Real Estate License ID: 10311200842
    (631) 392-0784
    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!