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    1483 Broadway Hewlett, NY 11557

    Sponsored
    For Sale
    $1,800,000

    Prime Hewlett location, 3,888 sq ft commercial space.

    Property size:
    3,888 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    345
    This exceptional commercial property, located at 1483 Broadway in Hewlett, New York, presents a unique investment opportunity. The building offers a substantial 3,888 square feet of versatile space, ideal for a variety of commercial uses. Situated on a lot with no acreage, the property benefits from its prime location in the thriving Hewlett business district. The asking price is $1,800,000. The property's size and location make it an attractive prospect for businesses seeking a prominent presence in a high-traffic area. The building's layout is adaptable and can be configured to meet the specific needs of various tenants. This presents a chance to establish a successful business in a well-established community. The absence of acreage simplifies maintenance and management, making it an efficient and cost-effective option. Given the strong demand for commercial space in Hewlett, this property is expected to attract significant interest from potential buyers. Its strategic location and generous square footage offer considerable potential for growth and profitability. Serious inquiries are encouraged to explore this compelling investment opportunity further. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to acquire a substantial commercial property in a desirable location at a competitive price.

    Property Features for 1483 Broadway

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,888 SF

    Building Details

    Year Built
    1957
    Location Intelligence

    Current Use by Public Records

    New York Plumbing ... Plumber Sweet Pea - Gourmet ... Grocery Store Wiener Sherry Social Worker Appliance Repair Hewlett Appliance Repair Service Boslow Family LP General Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hewlett
    County
    Nassau County
    State
    New York
    Longitude
    -73.6955
    Latitude
    40.64318

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Hewlett location, 3,888 sq ft commercial space.
    Where is this commercial real estate located?
    The property is located at 1483 Broadway Hewlett, NY.
    What is the asking price?
    The asking price for this property is $1,800,000.
    (718) 255-9100
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    1483 Broadway Hewlett, NY 11557
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    Realmo Value Estimation

    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.

    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.

    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
    1483 Broadway Hewlett, NY 11557
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