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    Turnkey Professional Office Condominium Title is generated by Realmo AI

    50 Main Street, West Hampton Beach, NY 11978

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    For Lease
    $12,500/Mo $83 SF/Yr (calc)

    COMMERCIAL - Westhampton Beach, NY

    Property size:
    1,800 SF
    Lot size:
    0.03 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:06 am

    Property Features for 50 Main Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    B1
    Rooms
    Basement
    Basement
    Full
    Standard status
    Active
    APN
    0905-012-01-01-00-004-000
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Year
    2025

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1984
    Flooring type
    Hardwood
    Building materials
    Frame

    We can help!

    Listing Contact
    Lawrence Citarelli

    Listing agent Lawrence Citarelli

    Listing office First Hampton Int'l Realty LLC 50 Main St, Westhampton Beach, NY

    Listing date Jun 3, 2026

    MLS# 1008495

    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

    • Approx. 1,800+/- SF usable professional office space in a commercial condominium with approx. 900+/- SF main level and approx. 900+/- SF lower level
    • Located directly on Main Street in the Prime B‑1 Business District with permitted and potential uses including professional offices, legal, accounting/financial, wealth management, and select retail/service uses (subject to approvals)
    • Extensive custom office build‑out with floor‑to‑ceiling glass partition systems, custom millwork, recessed/track lighting, conference areas, and multiple private offices
    • Walnut wide‑plank hardwood flooring plus abundant natural light throughout the office environment
    • Move‑in ready condition with central air and forced‑air heating; cable available
    • Public water and public sewer; building constructed of frame materials with Year Built 1984

    Overview

    A highly improved professional office condominium is available for sale or lease at 50 Main Street. The premises include approximately 900+/- square feet on the main level and an additional 900+/- square feet on the lower level, for roughly 1,800+/- square feet of usable area. The space is presented in move-in-ready condition with an extensive custom office build-out featuring floor-to-ceiling glass partition systems, custom millwork, and decorative trim details. Interior finishes include walnut wide-plank flooring and recessed and track lighting, with designated reception/workstation areas, conference areas, and multiple private offices. The existing layout is designed to support a functional professional environment while limiting the need for additional capital improvements.

    The property is located directly on Main Street in the Westhampton Beach business district, providing visibility to the year-round village business community. The listing notes immediate proximity to restaurants, retail, financial institutions, municipal services, and other local amenities. The space offers convenient access to both Sunrise Highway and Montauk Highway.

    With a B1 Business District designation, permitted and potential uses include professional offices and a range of office- and service-oriented businesses such as real estate brokerage, legal services, accounting and financial services, wealth management, insurance and securities, and consulting. Medical and wellness uses are referenced as subject to approvals. The configuration supports companies seeking a polished Main Street presence with private and collaborative space, including reception, offices, and conference areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    First Hampton International ... Real Estate Agency Denise Matejka-Stieve Realty Real Estate Agency Dawn Jordan, First ... Real Estate Agency Lori E Palumbo, ... Real Estate Agency LiiiGroup Construction Company

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Center Real Estate Agency 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
    West Hampton Beach
    County
    Suffolk
    State
    New York
    Longitude
    -72.645233
    Latitude
    40.809217

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    FAQs

    What type of property is this?
    Office units - Move-in-ready office space with extensive build-out, glass partitions, and multiple offices near Westhampton Beach business services.
    Where is this office units located?
    The property is located at 50 Main Street West Hampton Beach, NY.
    What is the lease rate?
    The lease rate is $12,500 /Mo.
    What are key features of this property?
    This property features: Approx. 1,800+/- SF usable professional office space in a commercial condominium with approx. 900+/- SF main level and approx. 900+/- SF lower level; Located directly on Main Street in the Prime B‑1 Business District with permitted and potential uses including professional offices, legal, accounting/financial, wealth management, and select retail/service uses (subject to approvals); Extensive custom office build‑out with floor‑to‑ceiling glass partition systems, custom millwork, recessed/track lighting, conference areas, and multiple private offices
    (631) 872-0280
    We can help!
    Listing Contact
    Lawrence Citarelli
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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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