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Renovated Four-Unit Office Building
For Sale
Contact for pricing
Pending

39 W Graham Ave, Hempstead, NY 11550

Completely renovated 4-unit office building with high ceilings, private offices, and 10 parking spaces.

Property Size7,350 SF
Days on Market111

Property Features for 39 W Graham Ave

General Information

Standard status Pending
Size 7,350 SF
Total Parking Spaces 10
Property subtype Mixed Use

Additional Details

Cap Rate 14.11%
Clear Height 12 ft
Multifamily Units 4

Amenities

LED lighting
waiting room
excellent signage

Building Details

Year Renovated 2019
Listing Agency: All Island Estates Realty Corporation
Listed By: Matthew Shane · License #NY 10311207810
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 29 at 5:11PM

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 All Island Estates Realty Corporation

Investment Insights

Based on property information with market context.

This completely renovated 4-unit office building was renovated in 2019 and features high 12’ ceilings, LED lighting, and updated exterior finishes including new windows and new stucco siding. Interior improvements include four private offices and a waiting room within the office layout.

The property includes 10 parking spaces and has excellent signage. The tenant occupancy is described as being on short-term leases, with the ability to deliver the building vacant if needed.

The offering is positioned for both end-users and investors, supported by rental income referenced in the public remarks.

Key Highlights

  • Completely renovated 4‑unit office building completed in 2019
  • High 12’ ceilings throughout and LED lighting
  • Includes 4 private offices plus a waiting room and rental‑income layout

Property Analytics

Current Use

US Mezzanines Inc Warehouse & Storage Redeem Tabernacle Church Church

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Pet Grooming Service Catering Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
4
Residential units

Location Intelligence

Trade Area within ½ mile

1,120
Businesses Nearby

Demographics for 11550, NY

61,901
Population
19,579
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
14,738
Density / Sq Mi
$86,904
Median Household Income
$40,662
Median Earnings
$1,647
Median Rent
$446,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Completely renovated 4-unit office building with high ceilings, private offices, and 10 parking spaces.
Where is this office units located?
The property is located at 39 W Graham Ave Hempstead, NY.
What are key features of this property?
This property features: Completely renovated 4‑unit office building completed in 2019; High 12’ ceilings throughout and LED lighting; Includes 4 private offices plus a waiting room and rental‑income layout
More about this property
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