1778 Hempstead Tpke, E Meadow, NY
Well-maintained office building with finished basement and convenient parking.
- Added:
- Jun 26, 2023
- Days on Market:
- 1085
- Last Refresh:
- May 20 at 9:58 pm
Property Features for 1778 Hempstead Tpke
General Information
- Standard status
- Active
- Size
- 2,216 SF
- Lot size
- 0.26 Acres
- Property subtype
- OFFICE
Listing agent Chip Entwistle
Listing office ACC Space Commercial Real Estate (516) 277-0666
Listing date Jun 26, 2023
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
- Excellent visibility & signage
- Meticulously maintained
- Finished basement w/ sep entry
- Convenient parking layout
- Close to Meadowbrook State Pkwy
- Close to Nassau University Hospital
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 | $62.0k | $27.96 |
| − Vacancy | −$11.2k | −$5.03 |
| EGI | $50.8k | $22.93 |
| − OpEx | −$12.7k | −$5.73 |
| NOI | $38.1k | $17.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- E Meadow
- County
- Nassau
- State
- New York
- Longitude
- -73.5705
- Latitude
- 40.7234
