Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Upper-Level Office Suite Title is generated by Realmo AI

    2042 N Country Rd 201, Wading River, NY 11792

    View on Map
    Claim this Listing
    New
    For Lease
    $1,695/Mo $33 SF/Yr (calc)

    Upper-level office suite with pond views in a well-established downtown office building.

    Type:Commercial
    Property size:
    600 SF
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 5:24 am

    Property Features for 2042 N Country Rd 201

    General Information

    Standard status
    Active
    Size
    600 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1971

    We can help!

    Listing Contact
    Dino Isgro

    Listing agent Dino Isgro

    Listing office

    Listing date Jun 3, 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 Dino Isgro

    HighLights

    • Largest upper‑level office suite in the building, approximately 600 SF
    • Pond views overlooking the Wading River Duck Ponds
    • Located in a well‑established downtown Wading River office building
    • Building year built: 1971

    Overview

    This rental opportunity features a great upper-level office unit in a well-established office building. The space is the largest unit in the building and offers approximately 600 square feet, with pond views overlooking the Wading River Duck Ponds. The unit’s elevated placement provides a distinct outlook compared with ground-floor offices.

    The property is located in downtown Wading River at 2042 N Country Rd 201, NY. With a walk score of 20 and bike score of 12, the area is described as car-dependent and somewhat bikeable, suggesting tenants should plan for vehicle-based commuting. Access and day-to-day arrival are best suited to drivers rather than pedestrians.

    This suite can work well for small professional teams seeking an upper-level office environment with views. As the largest available unit in the building, it may be a strong fit for users who need more room within a compact, established office setting. Interested tenants should confirm current lease terms, occupancy rules, and building amenities directly with the landlord or listing broker.
    Location Intelligence

    Current Use by Public Records

    Diane Wahne Physician Maccagli Ray Family Counselor Navaretta Elizabeth Family Counselor Excel Reporting, Inc. Law Firm Neavarette Counseling Services Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wading River
    County
    Suffolk
    State
    New York
    Longitude
    -72.849584
    Latitude
    40.955081

    Nearby Similar for Lease

    • $2,200/Mo
      1,000 SF

      Retail Space in Wading River

      Retail space available at The Shoppes At East Wind.
      5768 Route 25A, Wading River, NY 11792
      View Details
    • $28 SF/Yr
      1,808 SF

      Route 25A Medical Office Space

      High-visibility medical office space with established tenant base.
      6144 Route 25a, Wading River, NY
      View Details
    • Contact for pricing
      1,700 SF

      Retail Space on Route 25A

      Retail space with ample parking and strong merchant mix.
      6233-6281 Rte 25A, Wading River, NY
      View Details

    FAQs

    What type of property is this?
    Office units - Upper-level office suite with pond views in a well-established downtown office building.
    Where is this office units located?
    The property is located at 2042 N Country Rd 201 Wading River, NY.
    What is the lease rate?
    The lease rate is $1,695 /Mo.
    What are key features of this property?
    This property features: Largest upper‑level office suite in the building, approximately 600 SF; Pond views overlooking the Wading River Duck Ponds; Located in a well‑established downtown Wading River office building
    (631) 457-0816
    We can help!
    Listing Contact
    Dino Isgro
    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

    Thank You for Inquiry
    2042 N Country Rd 201, Wading River, NY 11792
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!