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    793 Main St Farmingdale, NY 11735

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    For Sale
    $859,000

    Free-standing commercial building with high visibility and multiple uses.

    Type:Commercial
    Property size:
    1,980 SF
    Lot size:
    0.22 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 8:12 pm

    Property Features for 793 Main St

    General Information

    Standard status
    Active
    Size
    1,980 SF
    Lot size
    0.22 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1952

    We can help!

    Listing Contact
    Lawrence J. Theodore

    Listing agent Lawrence J. Theodore

    Listing office Coldwell Banker American Homes

    Listing date Apr 24, 2026

    Source Elliman

    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 Coldwell Banker American Homes

    Overview

    Farmingdale Commercial Building For Sale

    This free-standing commercial building is situated in a highly visible location on the triangle corner of Main St and Staples St. The property is approximately 1,440 square feet and currently used as a mechanic/repair shop, garages/bays, and barbershop. It features a large, open area, plus a half bath, and two large bay garages measuring 30 x 45 feet. Additionally, there is a rear extension with storage space of 12 x 45 feet, approximately 540 sq ft, bringing the total square footage to 1,980. The property consists of Section 49, Block 157, Lots 24 and 25, with lot dimensions of 110 x 94 and 39 x 94 feet, totaling 9,539 square feet. Ample parking is available in the front, rear, and side of the building. The property is equipped with oil heat and a 200-amp electric system. Zoned GB (General Business), it is suitable for multiple uses. The location has a walk score of 75, indicating it is very walkable, and a bike score of 54, indicating it is bikeable.
    Location Intelligence

    Current Use by Public Records

    Empire State Limousine ... Airport Shuttle Service CarMart Auto Services Auto Repair Shop Melville Auto Services Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    • Dolce Design New York — 200 Broadhollow Rd, Farmingdale, NY 11735
    • Tuning Technology Motorsports, LLC — 200 Broadhollow Rd #6, Farmingdale, NY 11735
    • Mavis Discount Tire — 141 Broadhollow Rd, Farmingdale, NY 11735
    • United Discount Auto, mobile car mechanic — 32 1st Ave, Farmingdale, NY 11735
    • Safelite AutoGlass — 45 Broadhollow Rd, Farmingdale, NY 11735

    Location Insight

    • Map
    • Local Demand
    City
    Farmingdale
    County
    Nassau
    State
    New York
    Longitude
    -73.440456
    Latitude
    40.721222

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    FAQs

    What type of property is this?
    Auto shop - Free-standing commercial building with high visibility and multiple uses.
    Where is this auto shop located?
    The property is located at 793 Main St Farmingdale, NY.
    What is the asking price?
    The asking price for this property is $859,000.
    What are key features of this property?
    This property features: High visibility corner location on Main St and Staples St.; Zoned GB (General Business) allowing for multiple uses.; Large bay garages (30 x 45) and rear storage extension (12 x 45) totaling 540 sq ft.
    (516) 293-2323
    We can help!
    Listing Contact
    Lawrence J. Theodore
    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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