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

    281 Broadway Bethpage, NY 11714

    View on Map
    Claim this Listing
    For Lease
    $3,700 /Mo

    COMMERCIAL - Bethpage, NY

    Property size:
    1,000 SF
    Lot size:
    0.05 Acres
    Added:
    Aug 28, 2025
    Days on Market:
    250
    Last Refresh:
    May 4 at 11:06 pm

    Property Features for 281 Broadway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Basement
    Full
    Standard status
    Active
    APN
    2489-46-119-00-0049-0
    Size
    1,000 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    20657

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1925
    Building materials
    Brick

    We can help!

    Listing Contact
    Mary M. Macaluso
    Mary M. Macaluso

    Listing agent Mary M. Macaluso License #30MA0942002

    Listing office Compass Greater NY LLC 485 Underhill Blvd Ste 200, New York, NY

    Listing date Aug 28, 2025

    MLS# 906657

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bethpage Retail/Office Space For Rent

    This multi-use corner retail space offers 1000 square feet of area, complemented by office space and a bathroom. The property provides access to parking, with additional storage space available separately. Situated in a prime location on Broadway, in the heart of Bethpage, New York, the property benefits from a brick facade and curb appeal. Previously used as a showroom, the space is suitable for various business interests. The lot size is 0.045 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    aristakitchens.com Hardware & Home Improvement SERVPRO of Levittown, Bethpage Hardware & Home Improvement Bethpage Garbage Collection ... Waste Management Facility Beautiful Souls PMU Medical Clinic Union Mutual Mortgage Loan Service

    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
    Bethpage
    County
    Nassau
    State
    New York
    Longitude
    -73.479985
    Latitude
    40.740237

    Nearby Similar for Lease

    • Contact for pricing

      Bethpage Office Space Sublease

      Sublease available in Bethpage Business Park with abundant parking.
      15 Grumman Road West, Bethpage, NY 11714
      View Details
    • Contact for pricing

      Industrial Space in Oyster Bay

      Industrial space for rent in a large Oyster Bay complex.
      999 South Oyster Bay Road, Bethpage, NY, 11714
      View Details
    • Contact for pricing

      Bethpage Warehouse Space Available

      Clean warehouse space available for rent in Bethpage, NY.
      S Oyster Bay Rd, Bethpage, NY
      View Details
    • Contact for pricing

      Neighborhood Strip Center Retail Space

      Retail space available in neighborhood strip center.
      4035 Hempstead Tpke, Bethpage, NY
      View Details
    • Contact for pricing

      Bethpage Office Space Available

      558,000 square foot office building for rent in Bethpage.
      1111 Stewart Ave, Bethpage, NY
      View Details
    • Contact for pricing

      Industrial Space with Office

      42,000 SF industrial space with 10,000 SF office.
      700 Hicksville Rd, Bethpage, NY
      View Details
    • Contact for pricing

      Bethpage Office Space Available

      50000 square foot office space for rent.
      999 Stewart Ave, Bethpage, NY
      View Details
    • Contact for pricing

      Retail Space on Hempstead Turnpike

      Retail property with high traffic and ample parking.
      3695-3721 Hempstead Tpke, Bethpage, NY
      View Details

    FAQs

    What type of property is this?
    Retail space - Corner retail/office space in prime Bethpage location.
    Where is this retail space located?
    The property is located at 281 Broadway Bethpage, NY.
    What is the lease rate?
    The lease rate is $3,700 /Mo.
    What are key features of this property?
    This property features: Prime location on Broadway in the heart of Bethpage.; Multi‑use 1000 square foot corner retail space.; Includes office space and bathroom.
    (516) 410-6193
    We can help!
    Listing Contact
    Mary M. Macaluso
    Mary M. Macaluso
    Real Estate License ID: 30MA0942002
    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
    281 Broadway, Bethpage, NY 11714
    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!