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    Property profile & analytics

    125 Front St Massapequa Park, NY 11762

    • Office Properties & Spaces
    For Lease
    View listing
    $20 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Battle A Bug / Pest Control Service
    • Shrimpy's Burrito Bar / Burrito Restaurant / Californian Restaurant
    • On Call Restoration / Water Damage Restoration Service
    • My Dudes Convenience Store / Lottery Retailer / Convenience Store
    • Carol Abruzzese / Real Estate Agent

    Property Details for 125 Front St

    Property type
    Office Properties & Spaces

    Description

    This exceptional offering presents two executive office suites for lease at 125 Front Street, Massapequa Park, NY 11762. Located in a Class C building, these suites provide a convenient and professional work environment. The available spaces range in size from 300 to 425 square feet, ideal for small businesses or individual professionals. The building offers a multi-tenant occupancy, fostering a collaborative atmosphere. The lease includes several valuable amenities, significantly reducing operational overhead. These amenities encompass dedicated private parking, ensuring convenient access for tenants and their clients. Furthermore, a comprehensive cleaning service is provided, maintaining a pristine and professional workspace. All utilities are included in the lease, simplifying budgeting and eliminating unexpected expenses. The property enjoys a highly desirable location, offering close proximity to the Village Hall, the Massapequa Park Long Island Rail Road (LIRR) station, and other businesses, enhancing accessibility and networking opportunities. This is an excellent opportunity to secure high-quality office space in a thriving Long Island community. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Massapequa Park
    County
    Nassau
    State
    New York
    Longitude
    -73.455
    Latitude
    40.6782

    Comparable in this City

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      4760 Sunrise Hwy

      OFFICE BUILDING • 3,320 SF
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    • Value Estimation
      $535,000
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      4934 Sunrise Hwy, Unit 38

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      $775,000
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      1035 Park Blvd

      PROFESSIONAL BUILDING (MULTI-STORY) • 3,172 SF
      1035 Park Blvd, Massapequa Park, NY 11762-2743
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      4770 Sunrise Hwy

      PROFESSIONAL BUILDING (MULTI-STORY) • 4,994 SF
      4770 Sunrise Hwy, Massapequa Park, NY 11762-2911
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    • Value Estimation
      $555,000
      720 SF

      4600 Sunrise Hwy

      PROFESSIONAL BUILDING (MULTI-STORY) • 720 SF
      4600 Sunrise Hwy, Massapequa Park, NY 11762-2914
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      121,910 SF

      Southgate SC Executive Offices For Lease

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    • $20 SF/Yr
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      Executive Suites, Massapequa Park

      Prime Office Space, Two Suites Available
      125 Front St, Massapequa Park, NY 11762
      View Details
    • $1,000 /Mo
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      Massapequa Park Office Space For Rent

      Office suite in Massapequa's business district, near train station.
      125 Front St, Massapequa Park, NY 11762
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      Massapequa Park Retail/Office Space

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      1000-1004 Park Blvd, Massapequa Park, NY 11762
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      Massapequa Park Office Space

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      13,000 SF

      Massapequa Park Retail Space Available

      13,000 SF retail space with elevator access and parking.
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      View Details
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    Massapequa Park, NY 11762
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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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