1941 Wantagh AveWantagh, NY 11793

  • Retail space
  • 2,520 SF
For Lease
$308.52/SF/YR View listing

Property Details for 1941 Wantagh Ave

Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.08 AC
Property size (Sq ft)
2,520 SF
Property type
Retail space
APN
57-091-00-0108
APU
57091000108

Description

This exceptional office property at 1941 Wantagh Avenue in Wantagh, NY 11793, offers a variety of flexible workspace options. The building, totaling 860 square feet, has undergone recent renovations and boasts an excellent location directly across from a McDonald's and next to the Wantagh Train Station, providing unparalleled convenience and visibility. Multiple tenancy is available, with two suites currently available, ranging in size from 490 to 560 square feet. The building's modern amenities include a video intercom system and abundant natural light thanks to numerous windows, creating a bright and productive work environment. The property is ideally suited for businesses seeking executive office space, coworking arrangements, creative office setups, or traditional office layouts. Its prime location offers exceptional signage opportunities and easy access for clients and employees. This is a rare opportunity to secure high-quality office space in a highly desirable and convenient location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $612,448
    6.5%
    $565,337
    7%
    $524,955
  • Comparable approach

    Method
    Valuation
    Relative Method
    $829,743
    Geo Method
    $829,743
  • Alternative Use

    Use
    Valuation
    Residential
    $476,883
    Hospitality
    $436,822
    Educational
    $363,431
    Medical
    $375,930
    Retail
    $565,337

Location Insight

City
Wantagh
County
Nassau
State
New York
Latitude
40.6732
Longitude
-73.5099
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,599
$765
$4,956
$5,721
-
-
-
$572,100

FAQs

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