Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Second-Generation Restaurant Space with Hood Title is generated by Realmo AI

    555 Broadway, Massapequa, NY 11758

    View on Map
    Claim this Listing
    New
    For Lease
    Contact for pricing

    Leasing former restaurant with commercial hood, grease trap, and kitchen plumbing on highly visible Broadway with parking.

    Type:Retail, Restaurant
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 4:01 am

    Property Features for 555 Broadway

    General Information

    Standard status
    Active
    Property subtype
    Retail, Restaurant

    Spaces For Lease

    at 555 Broadway Contact us

    We can help!

    Listing Contact
    Todd McIndoo

    Listing agent Todd McIndoo License #104912056615

    Listing office Community Commercial Real Estate

    Listing date Jun 1, 2026

    Source Crexi

    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 Community Commercial Real Estate

    HighLights

    • Former restaurant space available for lease (second‑generation) on highly visible Broadway
    • Existing commercial hood and ventilation system plus grease trap and kitchen plumbing infrastructure
    • Restaurant‑grade electrical service and natural gas service available for foodservice use
    • On‑site parking and convenient access on Broadway
    • Flexible layout suitable for a variety of restaurant, café, deli, pizzeria, takeout, catering, or hospitality concepts
    • NNN lease structure

    Overview

    This second-generation restaurant space is available for lease as a former restaurant location. The premises include an existing commercial hood and ventilation system, along with an on-site grease trap and kitchen plumbing infrastructure. Additional utilities and service connections are already in place, including restaurant-grade electrical service and natural gas service, which can support a range of food service concepts. A flexible interior layout allows operators to configure the space to fit their concept without starting from a blank retail shell.

    The property is located on Broadway in Massapequa and is positioned for visibility to passing traffic. Convenient access and on-site parking are available for customers and staff.

    This space is well-suited for restaurateurs, caterers, and hospitality operators seeking a location with core restaurant systems already installed. Restaurant, café, deli, pizzeria, takeout, and catering concepts are supported by the existing hood/ventilation, grease management, and kitchen plumbing, with the opportunity to tailor the remaining build-out to the specific service model. The lease is described as an NNN structure.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    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
    Massapequa
    County
    Nassau
    State
    New York
    Longitude
    -73.4685
    Latitude
    40.685

    Nearby Similar for Lease

    • $3,500/Mo
      1,300 SF

      Massapequa Storefront For Rent

      Large storefront in prime Massapequa location, available now.
      832 N Broadway, Massapequa, NY 11758
      View Details
    • $45 SF/Yr

      Storefront Retail Suites

      Leasing storefront spaces with handicap-accessible bathrooms and brand-new HVAC for retail, medical, or service use.
      9 Central Avenue, Massapequa, NY 11758
      View Details
    • $5,000/Mo
      1,500 SF

      Retail Space in Prime Location

      1500 sqft retail space for rent in Massapequa, NY.
      632 Broadway, Massapequa, NY 11758
      View Details
    • $600/Mo
      74 SF

      Private Office in Professional Building

      Windowed office space for lease in Massapequa, NY.
      675 Broadway, Massapequa, NY 11758
      View Details
    • $600/Mo
      144 SF

      Private Office Suite in Mixed-Use Building

      Third-floor private office with electronic lock, private entrance, and utilities included in the monthly rent.
      5720 Old Sunrise Highway, Massapequa, NY 11758
      View Details
    • $5,000/Mo
      1,500 SF

      Retail Storefront Space

      For lease storefront retail space in Massapequa with approximately 1,500 square feet.
      632 Broadway, Massapequa, NY 11758
      View Details
    • $56,000 SF/Yr

      Turnkey Dog Grooming Salon

      Fully equipped, operational grooming salon with ready-to-run layout for pet services.
      1495 Hicksville Road, Massapequa, NY 11758
      View Details
    • Contact for pricing
      3,765 SF

      Freestanding Building on Sunrise Highway

      3,765 SF building on 1.26 acre parcel for rent.
      5366 Sunrise Highway, Massapequa, NY, 11758
      View Details
    • Contact for pricing
      1,305 SF

      Freestanding Retail Building with Parking

      Retail building with frontage and private parking in Massapequa.
      4303 Merrick Rd, Massapequa, NY
      View Details
    • Contact for pricing
      3,974 SF

      Massapequa Corner Retail Property

      Prime retail space in Massapequa with high traffic volume.
      1150 N Broadway, Massapequa, NY
      View Details
    • Contact for pricing
      14,000 SF

      Retail Space on Sunrise Highway

      Retail space available in Massapequa shopping center.
      5500 Sunrise Hwy, Massapequa, NY
      View Details
    • Contact for pricing
      2,340 SF

      Retail Space in Massapequa

      Retail space with high visibility in a densely populated area.
      4250 Jerusalem Ave, Massapequa, NY
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Leasing former restaurant with commercial hood, grease trap, and kitchen plumbing on highly visible Broadway with parking.
    Where is this conventional restaurant located?
    The property is located at 555 Broadway Massapequa, NY.
    What are key features of this property?
    This property features: Former restaurant space available for lease (second‑generation) on highly visible Broadway; Existing commercial hood and ventilation system plus grease trap and kitchen plumbing infrastructure; Restaurant‑grade electrical service and natural gas service available for foodservice use
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Todd McIndoo
    Real Estate License ID: 104912056615
    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
    555 Broadway, Massapequa, NY 11758
    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!