Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    10-40 Sta Dr Wyandanch, NY 11798

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10-40 Sta Dr Wyandanch, NY 11798

    View on Map
    • Retail properties & Spaces
    • 38,848 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 10-40 Sta Dr

    Property size
    38,848 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Shopping centers

    Description

    This exceptional retail opportunity in Wyandanch, NY, presents 38,848 square feet of prime shopping center space at 10-40 Station Drive, zip code 11798. Currently, there are nine suites available, with a significant 17,721 square feet of vacant space ready for immediate occupancy. The property offers flexible lease options, accommodating businesses requiring anywhere from 1,133 square feet to a maximum contiguous space of 3,857 square feet. This makes it ideal for a variety of retail concepts, from smaller boutiques to larger-scale operations. The center boasts ample parking, ensuring convenient access for customers and employees. Located in Suffolk County, this property benefits from excellent visibility and accessibility, making it an attractive location for businesses seeking high foot traffic and strong community engagement. The property is classified as a multi-tenant retail shopping center, providing a vibrant and diverse retail environment. This is a rare opportunity to secure a prominent retail presence in a thriving community. Contact us today to learn more about leasing options and to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wyandanch
    County
    Suffolk
    State
    New York
    Longitude
    -73.3589
    Latitude
    40.7551

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

      8 Andrews Ave

      SHOW ROOM, WAREHOUSE • 0.34 Acres
      8 Andrews Ave, Wheatley Heights, NY 11798
      View Details
    • Value Estimation by Request
      0.16 Acres

      1563 Straight Path

      SHOW ROOM, WAREHOUSE • 0.16 Acres
      1563 Straight Path, Wyandanch, NY 11798-3231
      View Details
    • Value Estimation
      $1,060,000
      6,230 SF

      311 Merritt Ave

      SHOW ROOM, WAREHOUSE • 6,230 SF
      311 Merritt Ave, Wheatley Heights, NY 11798-2328
      View Details
    • Value Estimation by Request
      990 SF

      1525 Straight Path

      SHOW ROOM, WAREHOUSE • 990 SF
      1525 Straight Path, Wyandanch, NY 11798-3414
      View Details
    • Value Estimation by Request
      601 SF

      1547 Straight Path

      SHOW ROOM, WAREHOUSE • 601 SF
      1547 Straight Path, Wyandanch, NY 11798
      View Details
    • Value Estimation by Request
      0.23 Acres

      1567 Straight Patha

      SHOW ROOM, WAREHOUSE • 0.23 Acres
      1567 Straight Patha, Wyandanch, NY 11798-3231
      View Details

    Similar Nearby for Sale

    • $550,000

      Commercial Lot in Wyandanch Corridor

      0.37-acre commercial lot with dealer license in Wyandanch.
      1616 Straight Path, Wyandanch, NY 11798
      View Details
    • $55,000

      Vacant Land in Wyandanch

      Vacant land near Wyandanch Plaza, variance required for development.
      40 Spruce St, Wyandanch, NY 11798
      View Details
    • $729,000
      Pending

      Turnkey Legal Two-Family Home

      Legal 2-family home in Wyandanch generating strong, guaranteed income.
      39 N 16Th St, Wyandanch, NY 11798
      View Details
    • $55,000
      Pending

      Vacant Land in Wyandanch, NY

      Vacant land ready for new residential construction in Wyandanch.
      33 Patton Ave, Wyandanch, NY 11798
      View Details
    • $55,000

      Vacant Land in Wyandanch

      Vacant land near Wyandanch Plaza, variance required for development.
      20 Chestnut St, Wyandanch, NY 11798
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Wyandanch Commercial Space for Lease

      Commercial space available for lease in Wyandanch, New York.
      10-40 Station Dr, Wyandanch, NY 11798
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for lease in Wyandanch, NY.
      313 Merritt Ave, Wyandanch, NY 11798
      View Details
    • Contact for pricing

      Wyandanch Commercial Space For Lease

      Commercial space available for lease in Wyandanch, New York.
      90 Wyandanch Ave, Wyandanch, NY 11798
      View Details
    • Contact for pricing

      271 Merritt Ave, Wyandanch, NY 11798

      Industrial land
      271 Merritt Ave, Wyandanch, NY 11798
      View Details
    • $12 SF/Yr

      Clean Three-Bedroom Apartment For Rent

      Second-floor apartment in a two-family building with hardwood floors.
      148 N 22Nd St, Wheatley Heights, NY 11798
      View Details
    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.
    10-40 Sta Dr
    Wyandanch, NY 11798
    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

    10-40 Sta Dr, Wyandanch, NY, 11798

    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!