Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Restaurant Space Near LIRR Station Title is generated by Realmo AI

    433 Plandome Rd, Manhasset, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Restaurant-permitted space with parking near Manhasset LIRR station.

    Type:RETAIL
    Property size:
    1,226 SF
    Lot size:
    0.55 Acres
    Added:
    Oct 22, 2025
    Days on Market:
    207
    Last Refresh:
    Apr 5 at 10:37 pm

    Property Features for 433 Plandome Rd

    General Information

    Standard status
    Active
    Size
    1,226 SF
    Lot size
    0.55 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 433 Plandome Rd Contact us

    We can help!

    Listing Contact
    Jason Sobel
    Jason Sobel

    Listing agent Jason Sobel License #10401286654

    Listing office RIPCO Real Estate - Long Island

    Listing date Oct 22, 2025

    Source Moodyscre

    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 RIPCO Real Estate - Long Island

    HighLights

    • Restaurant Permitted
    • Ample private parking plus neighboring municipal parking spots
    • Located one block from the Manhasset LIRR Station
    • High Average Household Income of $336,932 within a 1 mile radius
    • High Traffic Volume: Over 18,500 vehicles pass this site daily
    • Prime location on Plandome Road

    Overview

    This 1,226 square foot property is permitted for restaurant use. It benefits from ample private parking, supplemented by neighboring municipal parking spots. The location is one block from the Manhasset Long Island Rail Road (LIRR) station. The average household income within a 1-mile radius is $336,932. Over 18,500 vehicles pass this site daily on Plandome Road. The property is suitable for restaurants and other retail purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. LaCorte Optometrist Physician Dr. Julius Kornberg Physician Sound Vision Care, ... Eye Care Center

    Suggested Use

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

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

    Similar Places Nearby

    • 435 Manhasset Deli-Bagels-Catering — 435 Plandome Rd, Manhasset, NY 11030

    Location Insight

    • Map
    • Local Demand
    City
    Manhasset
    County
    Nassau
    State
    New York
    Longitude
    -73.6999
    Latitude
    40.798

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Manhasset

      1129 Northern Blvd, Unit 404, Manhasset, NY 11030
      View Details
    • $3,600/Mo
      1,000 SF

      Medical Office Space on Plandome

      1,000 SF medical office space in prime location.
      450 Plandome Rd Suite 2, Manhasset, NY 11030
      View Details
    • $43 SF/Yr
      2,635 SF

      Manhasset Medical Office Space

      Medical office space for rent in a great location.
      1165 Northern Blvd, Manhasset, NY
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in Manhasset

      Single tenant retail space available for rent in Manhasset.
      71-73 East Shore Rd, Manhasset, NY 11030
      View Details
    • $575/Mo
      250 SF

      Manhasset Office Space for Rent

      Private entrance office space near LIRR and shopping.
      21 Locust St, Manhasset, NY
      View Details
    • $2,100/Mo
      900 SF

      Manhasset Office Space For Rent

      900 SF office space near LIRR and shopping.
      28 Locust St, Manhasset, NY
      View Details
    • Contact for pricing
      1,722 SF

      Manhasset Retail Space For Rent

      Retail opportunity on Miracle Mile with dedicated parking.
      1516-1524 Northern Blvd, Manhasset, NY
      View Details
    • Contact for pricing
      5,000 SF

      Professional Office / Medical Building

      Two-story elevatored building with on-site parking near Northern Boulevard.
      333 E Shore Rd, Manhasset, NY
      View Details
    • $30 SF/Yr
      4,500 SF

      Manhasset Retail/Office Space Available

      Prime location with high visibility and flexible space options.
      1180 Northern Blvd, Manhasset, NY
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space in Manhasset, NY

      Retail space with parking and high-income neighborhood in Manhasset.
      550-600 Plandome Rd, Manhasset, NY
      View Details
    • Contact for pricing
      2,249 SF

      Manhasset Retail Space For Lease

      Retail space available in redeveloped shopping center, Manhasset, NY.
      1575-1595 Northern Blvd, Manhasset, NY
      View Details
    • Contact for pricing

      Medical/Office Space Gold Coast Location

      Medical/Office space for lease in Gold Coast location.
      1350 Northern Blvd, Manhasset, NY 11030
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant-permitted space with parking near Manhasset LIRR station.
    Where is this restaurant located?
    The property is located at 433 Plandome Rd Manhasset, NY.
    What are key features of this property?
    This property features: Restaurant Permitted; Ample private parking plus neighboring municipal parking spots; Located one block from the Manhasset LIRR Station
    (347) 865-4524 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jason Sobel
    Jason Sobel
    Real Estate License ID: 10401286654
    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
    433 Plandome Rd, Manhasset, NY
    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!