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    East Meadow Office Building For Sale Title is generated by Realmo AI

    1790 Hempstead Tpke, E Meadow, NY

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    Office building in a highly desirable location with ample parking.

    Type:OFFICE
    Property size:
    3,490 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $329/SF
    Added:
    Mar 18, 2025
    Days on Market:
    455
    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

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    Listing Contact
    Chip Entwistle
    Chip Entwistle

    Listing agent Chip Entwistle

    Listing office ACC Space Commercial Real Estate

    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

    This 3,490 square foot office building is located in a highly desirable area. The property benefits from ample on-site parking, supplemented by a free municipal parking lot approximately 125 feet away. Significant building and pylon signage opportunities are available. The building features a functional layout suitable for an owner/user, with the potential for rental income. The location offers high visibility, with traffic counts exceeding 43,394 vehicles per day. The surrounding residential community is affluent, with an average household income of approximately $133,191 within a 2-mile radius. Nearby establishments include Lidl, Stew Leonard’s, Marshalls, Starbucks, Taco Bell, Wendy’s, Sonic, and RXR Plaza.

    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
    3,490 SF · lease $27.96/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $857.3K
    $750.2K – $1.00M (±1% cap)
    NOI $60,012 @ 7.0% cap · market cap 5.22%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $2.31M
    $2.02M – $2.69M (±1% cap)
    NOI $161,526 @ 7.0% cap · market cap 14.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Raindrop Cleaning Services Hardware & Home Improvement Abe & Jay Home ... Building Supply H&R Block Tax Preparation Dana's Collision & Repair Auto Repair Shop Frank Pasatieri CPA Accounting Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    E Meadow
    County
    Nassau
    State
    New York
    Longitude
    -73.5701
    Latitude
    40.7235

    FAQs

    What type of property is this?
    Office building - Office building in a highly desirable location with ample parking.
    Where is this office building located?
    The property is located at 1790 Hempstead Tpke E Meadow, NY.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 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
    (516) 277-0666 Call to check price and availability
    More about this property
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