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    Calverton Warehouse Space For Lease Title is generated by Realmo AI

    313 Edwards Avenue, Calverton, NY 11933

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    Claim this Listing
    For Lease
    $4,107/Mo $21 SF/Yr (calc)

    COMMERCIAL - Calverton, NY

    Property size:
    2,292 SF
    Lot size:
    1.00 Acre
    Added:
    Feb 10, 2026
    Days on Market:
    92
    Last Refresh:
    May 13 at 8:06 am

    Property Features for 313 Edwards Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C
    Standard status
    Active
    APN
    0600-117-00-01-00-008-002
    Size
    2,292 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2026

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Septic Tank
    Heating system
    Natural Gas
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    2022
    Number of units
    1
    Building materials
    Frame

    We can help!

    Listing Contact
    Lisa A. Cea
    Lisa A. Cea

    Listing agent Lisa A. Cea License #10401325523

    Listing office Douglas Elliman Real Estate 14 W Montauk Hwy, Huntington Station, NY

    Listing date Feb 10, 2026

    MLS# 960188

    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.

    HighLights

    • Prime location on Edwards Avenue with exceptional visibility and strong commercial exposure.
    • Modern 2,292 SF warehouse built in 2022, move‑in ready for immediate occupancy.
    • Impressive 28‑foot ceilings, ideal for racking, storage, or light manufacturing.
    • Full acre of land with ample on‑site parking for employees and deliveries.
    • Convenient 12' x 14' drive‑in door for easy loading and unloading.
    • Includes private office space (approx. 15% of total area) with climate control and private restroom.

    Overview

    This commercial property in Calverton, NY, presents a rare leasing opportunity. It features a modern 2,292 SF warehouse situated on a 1-acre lot. The warehouse boasts impressive 28-foot ceilings, making it suitable for racking, storage, or light manufacturing. A 12' x 14' drive-in door facilitates easy loading and unloading. The property includes a private office, comprising approximately 15% of the total area, and a private restroom. Climate control is provided by a split unit with both air conditioning and heat for the office, along with a 75,000 BTU natural gas heating system for the warehouse bay. Ample on-site parking is available. Located on Edwards Avenue, the property offers exceptional visibility and strong commercial exposure. The zoning is ideal for warehouse, distribution, or light industrial uses. The property is move-in ready, offering modern and efficient space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ADU Water Fire ... Roofing Company

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center Storage Facility Food Market HVAC Service Electrical Service Electronics & Wireless Store

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

    Similar Places Nearby

    • Spaceship Moving — 176 Hill Cir, Calverton, NY 11933

    Location Insight

    • Map
    • Local Demand
    City
    Calverton
    County
    Suffolk
    State
    New York
    Longitude
    -72.746659
    Latitude
    40.915777

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    FAQs

    What type of property is this?
    Warehouse - Modern 2,292 SF warehouse with 28-foot ceilings on 1-acre lot.
    Where is this warehouse located?
    The property is located at 313 Edwards Avenue Calverton, NY.
    What is the lease rate?
    The lease rate is $4,107 /Mo.
    What are key features of this property?
    This property features: Prime location on Edwards Avenue with exceptional visibility and strong commercial exposure.; Modern 2,292 SF warehouse built in 2022, move‑in ready for immediate occupancy.; Impressive 28‑foot ceilings, ideal for racking, storage, or light manufacturing.
    (631) 484-9306
    We can help!
    Listing Contact
    Lisa A. Cea
    Lisa A. Cea
    Real Estate License ID: 10401325523
    Learn More
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    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
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