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Storefront Office with Basement
For Lease
$2,200/Mo

16 Broadway, Malverne, NY 11565

Commercial Lease, Malverne, NY

Space SizeContact for details
Lot Size0.16 Acres
Days on Market182

Property Features for 16 Broadway

General Information

Property type Commercial Lease
Property subtype Retail
Rooms Basement
Parking features On Street
Basement Storage Space, Full, Unfinished
Directions Franklin Avenue Or Hempstead Avenue To Broadway To #16
Standard status Active
APN 2027-37-212-00-0424-0
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 27061

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1929
Floors in Building 1
Number of units 1
Building materials Block
Listing Agency: Village Plaza Realty
Listed By: Patricia A. Murphy CBR
Added: Apr 7 Changed: Oct 2 Last Checked: Oct 5 at 10:06AM
MLS# 982251

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.

Investment Insights

Based on property information with market context.

This storefront property offers a front reception area, two smaller offices, a large open rear area, and a modern half bath. A full, clean, private basement provides additional interior space. The building dates to 1929 and is constructed with block materials. Heating is provided by forced air using natural gas, with central air conditioning. The space is in clean, modern condition, though renovations may be needed to meet a tenant’s specific requirements.

Located at 16 Broadway in Malverne, the property sits just off Franklin Avenue and near the Southern State Parkway. Public transportation is nearby, including the LIRR station. The property includes public water and public sewer service, with cable available. On-street parking is provided.

Key Highlights

  • Storefront/office layout with reception area, two offices, open rear space, and modern half bath
  • Full, clean, private basement included
  • 0.155 acres with 16 Broadway address in Malverne, NY 11565

Property Analytics

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Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11565, NY

8,845
Population
3,466
Households
2.6
Avg Household Size
47
Median Age
56%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
8,041
Density / Sq Mi
$145,290
Median Household Income
$72,548
Median Earnings
$1,861
Median Rent
$628,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

  • Stefan's Flowers Inc — 321 hendrickson ave, lynbrook, ny 11563

Frequently Asked Questions

What type of property is this?
Storefront property - Reception area, two offices, an open rear workspace, and a modern half bath provide a practical commercial layout.
Where is this storefront property located?
The property is located at 16 Broadway Malverne, NY.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Storefront/office layout with reception area, two offices, open rear space, and modern half bath; Full, clean, private basement included; 0.155 acres with 16 Broadway address in Malverne, NY 11565
More about this property
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