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    Storefront Retail Suites Title is generated by Realmo AI

    9 Central Avenue, Massapequa, NY 11758

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    For Lease
    $45 SF/Yr $7,500/Mo (calc)

    COMMERCIAL - Massapequa, NY

    Type:Retail
    Property size:
    2,000 SF
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 4:06 pm

    Property Features for 9 Central Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Rooms
    Basement
    Standard status
    Active

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    88620

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Building materials
    Block

    We can help!

    Listing Contact
    Raquel Knoell CBR
    Raquel Knoell CBR

    Listing agent Raquel Knoell CBR License #10401294175

    Listing office Douglas Elliman Real Estate 1528 Old Northern Blvd, Huntington Station, NY

    Listing date Jun 3, 2026

    MLS# 1008643

    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

    • Commercial building with block construction and central air, built in 1960
    • Available storefront spaces of approximately 1,000 to 2,000 SF
    • Each storefront includes a handicap‑accessible bathroom
    • New HVAC system and new hot water heater to be delivered with each storefront
    • Public water and public sewer available
    • Basement on‑site; tall ceilings and flexible layouts in the available spaces

    Overview

    A multi-suite storefront property offering available retail spaces ranging from approximately 1,000 to 2,000 square feet. Each suite is planned to include its own handicap-accessible bathroom, along with a brand-new HVAC system and a new hot water heater. Interior features include tall ceilings and flexible layouts intended to support a variety of professional, retail, medical, or service-based operations.

    Located in the heart of Massapequa at 9 Central Avenue, the property is positioned directly across from the Long Island Rail Road station. The listing also notes proximity to Sunrise Highway, supporting convenient commuter access and strong day-to-day visibility for visiting customers.

    This configuration can fit a range of tenants looking for a modern, ready-to-occupy storefront environment with dedicated restrooms and updated mechanicals. The combination of individual suite amenities, tall-ceiling proportions, and adaptable layouts may be particularly useful for businesses that benefit from a customer-facing presence and straightforward access for commuters.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sweet Simplicity Boutique Clothing & Fashion Store

    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.

    Similar Places Nearby

    • Flowers By Edwards of Massepequa — 536 Broadway, Massapequa, NY 11758
    • Little Shop of Flowers — 4736 Sunrise Hwy, Massapequa Park, NY 11758

    Location Insight

    • Map
    • Local Demand
    City
    Massapequa
    County
    Nassau
    State
    New York
    Longitude
    -73.471598
    Latitude
    40.677906

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    FAQs

    What type of property is this?
    Storefront property - Leasing storefront spaces with handicap-accessible bathrooms and brand-new HVAC for retail, medical, or service use.
    Where is this storefront property located?
    The property is located at 9 Central Avenue Massapequa, NY.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: Commercial building with block construction and central air, built in 1960; Available storefront spaces of approximately 1,000 to 2,000 SF; Each storefront includes a handicap‑accessible bathroom
    (646) 331-1237
    We can help!
    Listing Contact
    Raquel Knoell CBR
    Raquel Knoell CBR
    Real Estate License ID: 10401294175
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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.

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