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196-200 Forest Ave 847 SF of Retail Space Available in Locust Valley, NY 11560
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 196 | 847 SF | Negotiable | $50.42 CAD/SF/YR $4.20 CAD/SF/MO $42,709 CAD/YR $3,559 CAD/MO | Modified Gross |
1st Floor, Ste 196
The commercial space at 196 Forest Avenue, Locust Valley, NY, offers a prime leasing opportunity with excellent street exposure. The expansive floor-to-ceiling glass windows flood the space with natural light, making it ideal for attracting foot traffic and showcasing your business. The property boasts high ceilings, providing an open and airy feel, perfect for retail or office use. Recent upgrades include a brand-new HVAC system and gas pipes, ensuring efficient temperature control, rubber mat flooring, a brand new bathroom, new doors, & custom window treatments. Additionally, the building exterior features a newly installed awning, enhancing its curb appeal and making it stand out along the busy street. With its combination of high visibility, modern updates, and central location in Locust Valley, this commercial space is perfect for businesses seeking a vibrant and well-equipped setting.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
- Wheelchair Accessible
- Free Standing
- New Awning
- Heavy Traffic
- Central HVAC
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 196-200 Forest Ave, Locust Valley, NY 11560
- Tenant
- Description
- US Locations
- Reach
- Maryann's Dance Studio
- Dance
- 1
- -
- Natalia Mirontchouk
- Retailer
- 1
- -
- Petals Floral & Party Design
- Florist
- 1
- -
| Tenant | Description | US Locations | Reach |
| Maryann's Dance Studio | Dance | 1 | - |
| Natalia Mirontchouk | Retailer | 1 | - |
| Petals Floral & Party Design | Florist | 1 | - |
Property Facts
| Total Space Available | 847 SF | Gross Leasable Area | 1,784 SF |
| Property Type | Retail | Year Built/Renovated | 1956/2024 |
| Property Subtype | Freestanding | Parking Ratio | 2.24/1,000 SF |
| Total Space Available | 847 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,784 SF |
| Year Built/Renovated | 1956/2024 |
| Parking Ratio | 2.24/1,000 SF |
Nearby Major Retailers
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196-200 Forest Ave
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