Renovated Lower-Level Office
230 Hilton Avenue Hempstead, NY 11550
230 Hilton Avenue, Hempstead, NY, 11550
$149,000
For Sale
$149,000
SINGLE_FAMILY - Hempstead, NY
Property Size412 SF
Lot Size1.09 Acres
Price / SF$361.65
Days on Market10
Property Features for 230 Hilton Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Rooms
- Basement
- Parking
- 100
- Standard status
- Active
- APN
- 2013-34-173-00-0012-UCA008500015
- Lot size
- 1.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 2048
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 3
- Building materials
- Block, Brick
Listing Agency
Realty Connect USA LLC
(516) 714-3606
1 Crossways Park Dr W Ste 300, Woodbury, NY
Listed by
Manmeet S. Bajaj
(516) 675-8000
Added: Jul 9 Checked: Jul 18 at 3:06 am
MLS# 1023428
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.
Approximately 412 sq ft lower-level fully renovated professional office condominium in a full-service building with elevators and security. The unit includes a waiting room/reception area and an office, and features a cellphone app video intercom system for visitor access. A common conference room is available on the same floor.
The condominium is located in Hempstead on the border of Garden City Village. The building offers plenty of parking, and the Garden City LIRR Train Station is about 0.9 mile away.
Monthly maintenance is low at $464 and includes security, landscaping, building maintenance, heating, water, and sewer. The property is offered for sale as an office condominium within the managed building.
The condominium is located in Hempstead on the border of Garden City Village. The building offers plenty of parking, and the Garden City LIRR Train Station is about 0.9 mile away.
Monthly maintenance is low at $464 and includes security, landscaping, building maintenance, heating, water, and sewer. The property is offered for sale as an office condominium within the managed building.
Key Highlights
- Approximately 412 sq ft fully renovated lower‑level professional office condominium
- Full‑service building with elevators, security, and cellphone app video intercom system
- Unit includes waiting room/reception area and an office
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $11.5k | $27.96 |
| − Vacancy | −$2.1k | −$5.03 |
| EGI | $9.4k | $22.93 |
| − OpEx | −$2.4k | −$5.73 |
| NOI | $7.1k | $17.20 |
412 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$101.2K
$88.6K – $118.1K
NOI $7,085 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$272.4K
$238.4K – $317.8K
NOI $19,068 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
JE Lund Jewelers
(Bike/Boat/Book/etc) Store
Melissa A. Nocella, PA
Medical Clinic
Coalition Wellness Center
Medical Clinic
Clark & Amadio PC
Law Firm
Cobert Banking Courier ...
Bank
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Fully renovated lower-level office condo with waiting/reception and an office in a full-service building with security.
Where is this office units located?
The property is located at 230 Hilton Avenue Hempstead, NY.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Approximately 412 sq ft fully renovated lower‑level professional office condominium; Full‑service building with elevators, security, and cellphone app video intercom system; Unit includes waiting room/reception area and an office
