1790 Hempstead Tpke, E Meadow, NY
Office building in a highly desirable location with ample parking.
- Added:
- Mar 18, 2025
- Days on Market:
- 454
- Last Refresh:
- May 20 at 9:15 pm
Property Features for 1790 Hempstead Tpke
General Information
- Standard status
- Active
- Size
- 3,490 SF
- Lot size
- 0.13 Acres
- Property subtype
- OFFICE
Listing agent Chip Entwistle
Listing office ACC Space Commercial Real Estate (516) 277-0666
Listing date Mar 18, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of ACC Space Commercial Real Estate
HighLights
- Highly visible location with over +/-43,394 vehicles per day (VPD)
- Affluent residential community with an average household income of +/-$133,191 within a 2‑mile radius
- Significant building & pylon signage opportunity
- Highly desirable location with ample on‑site parking & free municipal parking lot located +/-125 ft away
- Functional building layout for Owner/User with rental income potential
- Nearby Establishments Include: Lidl, Stew Leonard’s, Marshalls, Starbucks, Taco Bell, Wendy’s, Sonic, and RXR Plaza
Overview
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 | $97.6k | $27.96 |
| − Vacancy | −$17.6k | −$5.03 |
| EGI | $80.0k | $22.93 |
| − OpEx | −$20.0k | −$5.73 |
| NOI | $60.0k | $17.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- E Meadow
- County
- Nassau
- State
- New York
- Longitude
- -73.5701
- Latitude
- 40.7235