Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    121 W Oak St STE 3 Amityville, NY 11701

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,495 /Mo

    Sophisticated office space near shopping and LIRR.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 24 at 8:19 pm

    Property Features for 121 W Oak St STE 3

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Jatinder P. Singh
    Jatinder P. Singh

    Listing agent Jatinder P. Singh

    Listing office LA Rosa Realty New York LLC

    Listing date Apr 24, 2026

    Source Elliman

    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 LA Rosa Realty New York LLC

    Overview

    Prestigious Office Suite For Rent

    This office suite offers a sophisticated environment in a prime, transit-oriented location near premier shopping and within walking distance of the LIRR. The suite features 5 private offices, an elegant reception and waiting area, and a dedicated conference room. A separate executive office includes an attached full bathroom with a shower. Refined hardwood floors and expansive windows contribute to a bright environment filled with natural light. Central air conditioning and central heating are included. Generous on-site parking provides convenient access for clients and staff. The space is suited for banks, medical practices, law firms, accounting firms, insurance offices, and other professional or executive uses seeking a refined and accessible location. The location has a walk score of 74, indicating it is very walkable, a bike score of 43, indicating it is somewhat bikeable, and a transit score of 49, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Club 121 Restaurant Strategic Insurance Consultants, ... Insurance Agency Bruce A Payne Associates Insurance Agency Ultimate Abstract Services ... Title Company TechWaste East Inc. Recycling Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon 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
    Amityville
    County
    Suffolk
    State
    New York
    Longitude
    -73.422358
    Latitude
    40.679064

    Nearby Similar for Lease

    • $2,400/Mo

      Prime Village Storefront for Lease

      Highly visible storefront in a walkable business district.
      148 Broadway, Amityville, NY 11701
      View Details
    • $950/Mo

      Modern Professional Suites Available

      Newly built suites perfect for wellness, creative, and office uses.
      135 Sunrise Hwy Suite B, Amityville, NY 11701
      View Details
    • $3,000/Mo

      Retail Space on Merrick Road

      Retail space available for rent on Merrick Road.
      123-127 Merrick Road 127, Amityville, NY 11701
      View Details
    • $2,895/Mo

      Prime Retail/Office Space, Amityville

      Excellent opportunity in Amityville's busy shopping area for retail/office.
      191A Broadway, Amityville, NY 11701
      View Details
    • $2,500/Mo

      Retail Space for Rent

      Retail space available at Merrick Road and Riverside Avenue.
      217 Merrick Road 101, Amityville, NY 11701
      View Details
    • Contact for pricing

      Amityville Retail Space Available

      Retail space available for lease in Amityville, New York.
      400 Merrick Road, Amityville , NY, 11701
      View Details
    • $20 SF/Yr

      Amityville Parking Lot For Rent

      Parking lot with frontage on Route 110 available for rent.
      570 Broadway, Amityville, NY
      View Details
    • Contact for pricing

      New Retail Space Available

      New construction retail space with parking on Merrick Road.
      44 Merrick Rd, Amityville, NY
      View Details
    • $16 SF/Yr

      Amityville Industrial Portfolio For Rent

      Industrial portfolio featuring six buildings in Amityville, New York.
      13 Edison St, Amityville, NY
      View Details
    • $15 SF/Yr

      Amityville Industrial Space Available

      Industrial space for rent in Amityville, New York.
      22-42 Sprague Ave, Amityville, NY
      View Details
    • $38 SF/Yr

      Amityville Retail/Medical/Office Space Available

      Retail, medical, and office spaces available for lease in Amityville.
      805 Broadway, Amityville, NY
      View Details
    • Contact for pricing

      Amityville Office Space Available

      1,500 sq ft office space suitable for medical or professional.
      357 Broadway, Amityville, NY 11701
      View Details

    FAQs

    What type of property is this?
    Office units - Sophisticated office space near shopping and LIRR.
    Where is this office units located?
    The property is located at 121 W Oak St STE 3 Amityville, NY.
    What is the lease rate?
    The lease rate is $1,495 /Mo.
    What are key features of this property?
    This property features: Prime, transit‑oriented location within walking distance to the LIRR and near premier shopping.; 5 Private Offices, Elegant Reception/Waiting area, and dedicated Conference Room.; Separate Executive Office with attached Full Bathroom w/Shower.
    (516) 445-1300
    We can help!
    Listing Contact
    Jatinder P. Singh
    Jatinder P. Singh
    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!